Ivanhoe Mines (OTCMKTS:IVPAF) Rating Increased to Strong-Buy at Stifel Canada

Stifel Canada upgraded shares of Ivanhoe Mines (OTCMKTS:IVPAF - Free Report) to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports. Stifel Canada also issued estimates for Ivanhoe Mines' Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at $0.16 EPS, FY2026 earnings at $0.28 EPS and FY2027 earnings at $0.44 EPS.

Several other research analysts also recently commented on IVPAF. Citigroup upgraded Ivanhoe Mines to a "strong-buy" rating in a research note on Monday, June 16th. TD Securities upgraded Ivanhoe Mines to a "strong-buy" rating in a research note on Tuesday, June 3rd. Royal Bank Of Canada raised Ivanhoe Mines to a "moderate buy" rating in a report on Tuesday, June 17th. UBS Group raised Ivanhoe Mines to a "strong-buy" rating in a report on Thursday, June 12th. Finally, Scotiabank cut Ivanhoe Mines from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 12th. One equities research analyst has rated the stock with a hold rating and five have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Strong Buy".

Ivanhoe Mines Stock Performance

Shares of Ivanhoe Mines stock traded down $0.24 on Tuesday, hitting $7.79. The company had a trading volume of 141,309 shares, compared to its average volume of 339,307. The stock has a market capitalization of $10.54 billion and a price-to-earnings ratio of 15.74. Ivanhoe Mines has a 1 year low of $6.50 and a 1 year high of $15.53. The stock has a 50 day moving average of $8.47 and a 200-day moving average of $9.69.

Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.03. The business had revenue of $77.02 million for the quarter, compared to analysts' expectations of $108.71 million.

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.