Ivanhoe Mines Ltd. (OTCMKTS:IVPAF - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.35 and traded as high as $10.70. Ivanhoe Mines shares last traded at $9.95, with a volume of 22,171 shares changing hands.
Analyst Ratings Changes
Separately, Scotiabank restated an "outperform" rating on shares of Ivanhoe Mines in a report on Thursday.
Check Out Our Latest Analysis on IVPAF
Ivanhoe Mines Price Performance
The company has a market capitalization of $13.46 billion and a P/E ratio of 20.11. The company's 50-day moving average price is $9.35 and its two-hundred day moving average price is $11.03.
Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.03. The firm had revenue of $77.02 million for the quarter, compared to analyst estimates of $108.71 million.
About Ivanhoe Mines
(
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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.
Further Reading
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