Ivanhoe Mines Ltd. (TSE:IVN – Free Report) – Research analysts at Scotiabank issued their FY2026 EPS estimates for shares of Ivanhoe Mines in a report issued on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw forecasts that the company will earn $0.77 per share for the year. Scotiabank has a “Outperform” rating and a $20.00 price target on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $1.01 per share.
Other analysts also recently issued research reports about the stock. Raymond James lowered their price objective on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research report on Thursday. TD Securities lowered their price objective on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set a “buy” rating for the company in a research report on Thursday. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, Ivanhoe Mines presently has a consensus rating of “Buy” and an average price target of C$24.00.
Ivanhoe Mines Stock Up 0.5 %
Shares of TSE:IVN opened at C$17.27 on Friday. The company has a quick ratio of 20.86, a current ratio of 1.17 and a debt-to-equity ratio of 4.24. Ivanhoe Mines has a 52-week low of C$12.94 and a 52-week high of C$21.32. The company has a 50 day moving average of C$18.21 and a two-hundred day moving average of C$18.18. The company has a market capitalization of C$23.31 billion, a price-to-earnings ratio of 107.94 and a beta of 1.94.
Insider Activity
In other Ivanhoe Mines news, Director Martie Cloete sold 2,800 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$18.56, for a total value of C$51,968.00. Also, Director Jinghe Chen sold 60,288 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$19.00, for a total transaction of C$1,145,472.00. Over the last ninety days, insiders have sold 68,088 shares of company stock valued at $1,292,379. Company insiders own 44.96% of the company’s stock.
Ivanhoe Mines Company Profile
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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