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Ivanhoe Electric (IE) Drops From Russell Indices, Is The Stock Still Expensive?
Ivanhoe Electric (IE) was recently removed from several Russell indices, including the Russell 3000E and multiple Russell Microcap benchmarks. This type of change can prompt index linked funds to rebalance and reassess their exposure. See our latest analysis for Ivanhoe Electric. The latest index removals come after a period of pressure on Ivanhoe Electric’s share price, with a 1 month share price return of down 30.4% and a year to date share price return of down 42.7%. This is despite the 1...
Ivanhoe Electric (IE) was recently removed from several Russell indices, including the Russell 3000E and multiple Russell Microcap benchmarks. This type of change can prompt index linked funds to rebalance and reassess their exposure.
See our latest analysis for Ivanhoe Electric.
The latest index removals come after a period of pressure on Ivanhoe Electric’s share price, with a 1 month share price return of down 30.4% and a year to date share price return of down 42.7%. This is despite the 1...
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