Ivanhoe Electric (IE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- -$0.21
- Estimate
- -$0.15
- Surprise
- -37.4%
- Revenue (period 2026-06-30)
- $724,000
- Score today
- 4.5/10
Revenue source: xbrl.
How the report landed
Ivanhoe Electric (IE) reported a wider loss than forecast — diluted EPS of -$0.21 against the -$0.15 estimate (a 37.4% shortfall).
Where TrendMatrix's rating stands now
TrendMatrix currently rates IE Sell at 4.5/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's -37.4% surprise compares with a -19.5% four-quarter average. Next scheduled report: 2026-11-05.
What argues against it
- Concentration risk — Geographic: Santa Cruz Copper Project
- Quality below floor (3.2 < 4.0)
- Momentum score 3.3/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $10.40
- Price target
- $18.63
- Stop
- $9.67
- Upside to target
- +79.1%
- Reward-to-risk
- 5.4:1
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
IE at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Copper
- Market cap
- $1.66B
- P/E (fwd)
- -16.5
- 52-week range
- $7.86–$21.55
- Off 52-week high
- 51.7%
- RSI (14)
- 41
- Volume vs avg
- 1.38×
- Score today
- 4.5/10