Ivanhoe Mines Q3 EPS Increased by Raymond James Financial

Key Points

• Raymond James Financial has increased their Q3 2026 earnings estimate for Ivanhoe Mines to $0.04 per share, up from a previous estimate of $0.03, and maintains a "Moderate Buy" rating on the stock.
• Ivanhoe Mines reported earnings of $0.03 per share for Q2 2026, missing expectations, with revenues of $96.76 million compared to analyst estimates of $101.84 million.
• Multiple analysts have upgraded Ivanhoe Mines' rating, with five giving it a "Strong Buy" rating, showing increasing optimism about the company's outlook.

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF - Free Report) - Investment analysts at Raymond James Financial lifted their Q3 2026 earnings per share estimates for Ivanhoe Mines in a research note issued to investors on Wednesday, August 20th. Raymond James Financial analyst J. Elliott now anticipates that the company will earn $0.04 per share for the quarter, up from their previous forecast of $0.03. Raymond James Financial has a "Moderate Buy" rating on the stock. Raymond James Financial also issued estimates for Ivanhoe Mines' Q4 2026 earnings at $0.05 EPS.

IVPAF has been the topic of several other reports. UBS Group raised Ivanhoe Mines to a "strong-buy" rating in a research note on Thursday, June 12th. Scotiabank cut Ivanhoe Mines from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 12th. TD Securities raised Ivanhoe Mines to a "strong-buy" rating in a research note on Tuesday, June 3rd. Canaccord Genuity Group raised Ivanhoe Mines to a "strong-buy" rating in a research note on Friday, June 13th. Finally, Stifel Canada raised Ivanhoe Mines to a "strong-buy" rating in a research note on Tuesday, July 8th. Five research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Ivanhoe Mines presently has an average rating of "Strong Buy".

Ivanhoe Mines Stock Performance

Shares of Ivanhoe Mines stock traded up $0.34 during midday trading on Monday, reaching $8.84. 149,850 shares of the company's stock traded hands, compared to its average volume of 242,820. The company has a market cap of $11.97 billion and a PE ratio of 17.87. The stock has a 50 day moving average of $8.04 and a 200-day moving average of $8.85. Ivanhoe Mines has a 12 month low of $6.50 and a 12 month high of $15.53.

Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The business had revenue of $96.76 million during the quarter, compared to analysts' expectations of $101.84 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.