Ivanhoe Mines Ltd. (OTCMKTS:IVPAF - Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.28 and traded as low as $9.15. Ivanhoe Mines shares last traded at $9.61, with a volume of 159,785 shares changing hands.
Ivanhoe Mines Price Performance
The business has a 50 day simple moving average of $9.29 and a 200 day simple moving average of $11.15. The company has a market capitalization of $14.00 billion and a price-to-earnings ratio of 20.92.
Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.03. The company had revenue of $77.02 million for the quarter, compared to analysts' expectations of $108.71 million.
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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