Ivanhoe Mines (OTCMKTS:IVPAF) Stock Rating Cut to "Hold" at TD Securities

Key Points

• TD Securities downgraded Ivanhoe Mines from “strong buy” to “hold”; six of nine analysts now rate the stock Hold, with a consensus price target of $15.20.
• Ivanhoe’s latest quarter missed expectations: EPS was $0.04 versus $0.09 forecast, while revenue was $263.84 million versus $274 million expected.
• The company lowered its 2027 Kamoa-Kakula copper production guidance to 300,000–350,000 tonnes and expects higher cash costs; shares opened down 4.9% at $6.05.

Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) was downgraded by research analysts at TD Securities from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Wednesday, Zacks reports.

Several other research firms have also weighed in on IVPAF. Scotiabank reissued a "sector perform" rating on shares of Ivanhoe Mines in a research note on Wednesday, September 9th. Canaccord Genuity Group raised shares of Ivanhoe Mines from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Citigroup reiterated a "buy" rating on shares of Ivanhoe Mines in a report on Wednesday, October 14th. Stifel Nicolaus cut shares of Ivanhoe Mines from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Finally, Morgan Stanley reissued an "overweight" rating on shares of Ivanhoe Mines in a report on Wednesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $15.20.

Ivanhoe Mines Stock Down 4.9%

Shares of OTCMKTS:IVPAF opened at $6.05 on Wednesday. Ivanhoe Mines has a one year low of $5.50 and a one year high of $15.00. The company has a 50 day moving average of $8.03 and a 200-day moving average of $8.83. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.16 and a quick ratio of 1.89. The stock has a market cap of $8.64 billion, a price-to-earnings ratio of 55.05 and a beta of 1.33.

Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.05). Ivanhoe Mines had a return on equity of 5.35% and a net margin of 21.53%. The company had revenue of $263.84 million during the quarter, compared to the consensus estimate of $274.00 million. On average, sell-side analysts forecast that Ivanhoe Mines will post 0.30 earnings per share for the current year.

Key Stories Impacting Ivanhoe Mines

Here are the key news stories impacting Ivanhoe Mines this week:

• Positive Sentiment: Ivanhoe plans to add shallow, high-grade open-pit mining at Kamoa to complement underground operations. The company says the more flexible, de-risked approach is intended to support the Kamoa-Kakula complex’s recovery; a new life-of-mine plan is expected in March 2027. Ivanhoe Mines third-quarter results and operating update
• Negative Sentiment: Ivanhoe cut its 2027 Kamoa-Kakula copper-production guidance to 300,000–350,000 tonnes, with expected cash costs of $2.50–$3.00 per pound. Reports also cited higher capital spending, and Stifel downgraded the shares following the outlook revision—factors that may weigh on expectations for near-term output and costs. 2027 copper guidance and Kamoa-Kakula plan Stifel downgrade after guidance cut
• Negative Sentiment: Third-quarter adjusted earnings were $0.04 per share, below the $0.09 consensus estimate. Revenue of $263.84 million also trailed expectations of $274 million, adding to near-term concerns. Q3 earnings and revenue miss estimates

Ivanhoe Mines Company Profile

Ivanhoe Mines Ltd. is a Canadian mining and mineral exploration company focused on developing and operating large-scale projects in Africa. Its principal commodities include copper, zinc, platinum-group metals, nickel, copper and gold.

The company's flagship Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo is being developed as a major copper mining and processing operation. Ivanhoe also holds the Kipushi zinc-copper-silver-germanium mine in the Democratic Republic of the Congo, as well as the Platreef platinum-group metals, nickel, copper and gold project in South Africa.

Ivanhoe's exploration portfolio includes the Western Foreland project in the Democratic Republic of the Congo, an extensive exploration area near Kamoa-Kakula.

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