FY2026 EPS Estimates for Ivanhoe Mines Reduced by Scotiabank

Key Points

• Scotiabank cut its FY2026 EPS forecast for Ivanhoe Mines to $0.12 from $0.26 and maintained a Hold rating, while projecting FY2027 EPS of $0.29.
• Several brokers (Canaccord, RBC, Raymond James) have recently downgraded the stock to Hold, yet the consensus remains a Moderate Buy with a $15.20 target; shares trade near $8.70 with a 12‑month range of $6.50–$15.00.
• Ivanhoe's most recent quarter reported EPS of $0.04 in line with estimates, but revenue of $138.4 million missed expectations (~$189.8M), a shortfall that likely contributed to analysts' downward revisions.

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF - Free Report) - Investment analysts at Scotiabank lowered their FY2026 EPS estimates for Ivanhoe Mines in a research note issued on Friday, April 10th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $0.12 per share for the year, down from their previous forecast of $0.26. Scotiabank has a "Hold" rating on the stock. Scotiabank also issued estimates for Ivanhoe Mines' FY2027 earnings at $0.29 EPS.

Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) last posted its quarterly earnings results on Wednesday, February 18th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. Ivanhoe Mines had a net margin of 59.23% and a return on equity of 4.90%. The firm had revenue of $138.42 million during the quarter, compared to analyst estimates of $189.75 million.

Several other research firms have also issued reports on IVPAF. Canaccord Genuity Group lowered shares of Ivanhoe Mines from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 20th. Royal Bank Of Canada lowered shares of Ivanhoe Mines from a "moderate buy" rating to a "hold" rating in a report on Monday, April 6th. Raymond James Financial lowered shares of Ivanhoe Mines from a "moderate buy" rating to a "hold" rating in a report on Wednesday, April 1st. Finally, Morgan Stanley set a $15.20 price objective on shares of Ivanhoe Mines in a report on Monday, December 15th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $15.20.

Ivanhoe Mines Stock Performance

OTCMKTS:IVPAF opened at $8.70 on Tuesday. Ivanhoe Mines has a 12-month low of $6.50 and a 12-month high of $15.00. The company has a quick ratio of 2.10, a current ratio of 2.23 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $12.41 billion and a PE ratio of 45.79. The firm has a 50-day moving average price of $10.01 and a 200 day moving average price of $10.48.

About Ivanhoe Mines

Ivanhoe Mines is a Canada-based mineral exploration and development company focused on unlocking high-value deposits of copper, nickel, zinc, and platinum-group metals. The company pursues a two-pronged strategy of advancing large-scale mining projects through feasibility and development stages while also expanding its exploration footprint. Ivanhoe's technical expertise spans geology, engineering, environmental management, and community relations, enabling it to secure the necessary permits and infrastructure for major mine developments.

The company's flagship asset is the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC), a joint venture with the government of the DRC and Zijin Mining.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.