Ivanhoe Mines (TSE:IVN) Upgraded by Stifel Canada to Strong-Buy Rating

Ivanhoe Mines (TSE:IVN - Get Free Report) was upgraded by equities research analysts at Stifel Canada to a "strong-buy" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. Stifel Canada also issued estimates for Ivanhoe Mines' Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.01 EPS, FY2025 earnings at $0.22 EPS, FY2026 earnings at $0.38 EPS and FY2027 earnings at $0.60 EPS.

Other research analysts have also issued reports about the company. Raymond James Financial raised Ivanhoe Mines to a "moderate buy" rating in a research report on Monday, June 30th. Citigroup dropped their target price on Ivanhoe Mines from C$20.00 to C$14.00 in a research report on Monday, June 16th. Canaccord Genuity Group dropped their target price on Ivanhoe Mines from C$24.00 to C$12.00 in a research report on Friday, June 13th. Scotiabank upped their target price on Ivanhoe Mines from C$12.00 to C$12.50 and gave the stock a "sector perform" rating in a research report on Wednesday. Finally, Jefferies Financial Group dropped their target price on Ivanhoe Mines from C$19.00 to C$17.00 in a research report on Thursday, June 12th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Ivanhoe Mines presently has a consensus rating of "Buy" and a consensus target price of C$16.85.

Ivanhoe Mines Stock Down 2.8%

TSE:IVN traded down C$0.31 during trading hours on Tuesday, hitting C$10.67. 4,192,166 shares of the company's stock traded hands, compared to its average volume of 3,400,577. The firm has a market cap of C$10.12 billion, a P/E ratio of 64.51 and a beta of 1.94. Ivanhoe Mines has a twelve month low of C$8.76 and a twelve month high of C$20.95. The company has a debt-to-equity ratio of 2.48, a quick ratio of 20.86 and a current ratio of 1.36. The stock's fifty day moving average price is C$11.53 and its two-hundred day moving average price is C$13.57.

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.