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Ivanhoe Electric (IE) Reports Q2 Loss, Tops Revenue Estimates

Ivanhoe Electric (IE) came out with a quarterly loss of 0.16pershareinlinewiththeZacksConsensusEstimate.Thiscomparestoalossof0.16 per share in line with the Zacks Consensus Estimate. This compares to a loss of 0.39 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this mineral exploration company would post a loss of 0.21persharewhenitactuallyproducedalossof0.21 per share when it actually produced a loss of 0.24, delivering a surprise of -14.29%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Ivanhoe Electric, w ...