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Recommendation Rating

2

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 14.25

Low: 13.5

High: 15

Total Analysts: 0

Company Profile

Ivanhoe Electric Inc. is a mineral exploration and development company. The Company is focused on developing mines from mineral deposits principally located in the United States in order to support American supply chain independence and to deliver the critical metals necessary for the electrification of the economy. The Company operates two material mineral projects: Santa Cruz Copper Project (Santa Cruz) in Arizona and the Tintic Copper-Gold Project (Tintic) in Utah. The Santa Cruz is situated in a prolific mining region that hosts some of the copper mines in the United States. It is located between the towns of Casa Grande and Stanfield in Arizona, approximately a one-hour drive south of Phoenix. It encompasses approximately 47.3 square kilometers (km2) of land. The Tintic is a silver-producing district, as well as a copper and gold district. The Tintic exploration area covers approximately 65 km2 of patented claims and unpatented claims.

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