Raymond James Reduces Earnings Estimates for Ivanhoe Mines

Ivanhoe Mines Ltd. (TSE:IVN - Free Report) - Raymond James reduced their Q2 2025 earnings estimates for Ivanhoe Mines in a research note issued on Monday, May 26th. Raymond James analyst F. Hamed now expects that the company will earn ($0.03) per share for the quarter, down from their previous forecast of $0.07. The consensus estimate for Ivanhoe Mines' current full-year earnings is $1.01 per share. Raymond James also issued estimates for Ivanhoe Mines' Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.07) EPS and FY2025 earnings at ($0.01) EPS.

IVN has been the subject of several other research reports. UBS Group lowered their price objective on Ivanhoe Mines from C$19.00 to C$17.00 in a research note on Wednesday, April 23rd. TD Securities decreased their target price on shares of Ivanhoe Mines from C$22.00 to C$17.00 in a research report on Tuesday, April 15th. Jefferies Financial Group increased their target price on shares of Ivanhoe Mines from C$23.00 to C$24.00 in a research report on Friday, April 4th. Finally, Citigroup decreased their target price on shares of Ivanhoe Mines from C$24.00 to C$20.00 and set a "buy" rating for the company in a research report on Tuesday, February 25th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Ivanhoe Mines has a consensus rating of "Buy" and a consensus price target of C$21.38.

Ivanhoe Mines Price Performance

TSE IVN traded down C$0.47 during trading on Thursday, hitting C$10.73. 10,398,129 shares of the company's stock were exchanged, compared to its average volume of 2,791,114. The company has a current ratio of 1.36, a quick ratio of 20.86 and a debt-to-equity ratio of 2.48. The company has a market cap of C$10.17 billion, a PE ratio of 64.87 and a beta of 1.94. Ivanhoe Mines has a fifty-two week low of C$9.79 and a fifty-two week high of C$20.95. The stock's 50 day moving average price is C$12.64 and its two-hundred day moving average price is C$15.28.

About Ivanhoe Mines

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.