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Ivanhoe Electric IE Exploration Expense

Exploration Expense at other companies

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Perpetua Resources Corp.PPTA
$53.1M+306%
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TMC the metals company Inc.TMC
$13.26M+39.3%
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Southern CopperSCCO
$10.8M-7.7%

Other financials

Income statement

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Revenue$858.0K+16.7%
Gross profit$505.0K+14.3%
Operating income$96.8M+458%
Net income$41.7M+237%
EPS (diluted)-$0.26-208%

Balance sheet

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Cash & equivalents$291.8M+190%
Total debt$35.4M+33.9%
Total equity$540.3M+76.0%
Total assets$594.3M+43.4%

Cash flow

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Operating cash flow-$42.3M-66.1%
CapEx$597.0K+29,750%
Free cash flow-$42.9M-68.4%

Valuation

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Market cap$1.59B+142%
Enterprise value$1.34B+130%
P/S473.4×+272×

Profitability

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Gross margin64.8%+1.7pp
Operating margin302.6%+156pp
Net margin-998.6%
FCF margin-3,202.8%-640pp

Returns & leverage

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Return on equity-7.9%
Debt / equity0.1×0.0×
Current ratio6.3×+3.2×

Where this comes from

Reported directly by Ivanhoe Electric in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: Ivanhoe Electric’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ivanhoe Electric's exploration expense?
Ivanhoe Electric (IE) reported exploration expense of $23.21M in Q1 2026.
How has Ivanhoe Electric's exploration expense changed year-over-year?
Ivanhoe Electric's exploration expense increased by 47.0% year-over-year, from $15.79M to $23.21M.
What is the long-term trend for Ivanhoe Electric's exploration expense?
Over 4 years (2021 to 2025), Ivanhoe Electric's exploration expense has grown at a 12.5% compound annual growth rate (CAGR), from $39.51M to $63.29M.
What does exploration expense mean?
Represents the costs incurred by an entity to identify, evaluate, and develop mineral properties or natural resources. This metric reflects the ongoing investment in geological research and site development necessary to bring potential mining projects to production.