Ivanhoe Mines (OTCMKTS:IVPAF) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Ivanhoe Mines Ltd. (OTCMKTS:IVPAFGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.32 and traded as low as $9.10. Ivanhoe Mines shares last traded at $9.21, with a volume of 59,691 shares.

Ivanhoe Mines Stock Performance

The firm has a 50-day moving average of $10.59 and a two-hundred day moving average of $12.32.

Ivanhoe Mines Company Profile

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Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals primarily in Africa. It explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, silver, germanium, and lead deposits. The company's projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; the Kipushi project located in Haut-Katanga Province, Democratic Republic of Congo; and the Kamoa-Kakula project located within the Central African Copperbelt.

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