Stifel Canada Has Negative View of Ivanhoe Mines Q3 Earnings

Key Points

• Stifel Canada has lowered its Q3 2026 earnings per share (EPS) estimate for Ivanhoe Mines from $0.12 to $0.11, despite maintaining a "Strong-Buy" rating on the stock.
• Current full-year earnings consensus for Ivanhoe Mines is set at $1.01 per share, with future earnings estimates also provided for FY2026 through FY2029.
• Shares of Ivanhoe Mines have increased by 9.4%, currently trading at C$14.33 with a market cap of C$19.40 billion.

Ivanhoe Mines Ltd. (TSE:IVN - Free Report) - Equities researchers at Stifel Canada cut their Q3 2026 EPS estimates for Ivanhoe Mines in a research report issued on Tuesday, September 23rd. Stifel Canada analyst R. Profiti now anticipates that the company will post earnings per share of $0.11 for the quarter, down from their previous forecast of $0.12. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Ivanhoe Mines' current full-year earnings is $1.01 per share. Stifel Canada also issued estimates for Ivanhoe Mines' Q4 2026 earnings at $0.11 EPS, FY2026 earnings at $0.40 EPS, FY2027 earnings at $0.54 EPS, FY2028 earnings at $0.79 EPS and FY2029 earnings at $0.87 EPS.

Other equities analysts have also issued reports about the stock. Scotiabank raised their target price on shares of Ivanhoe Mines from C$12.00 to C$12.50 and gave the stock a "sector perform" rating in a research report on Wednesday, July 9th. Citigroup reduced their target price on shares of Ivanhoe Mines from C$20.00 to C$14.00 in a research report on Monday, June 16th. Stifel Nicolaus raised their target price on shares of Ivanhoe Mines from C$13.50 to C$16.00 and gave the stock a "buy" rating in a research report on Wednesday. Royal Bank Of Canada reduced their target price on shares of Ivanhoe Mines from C$24.00 to C$15.00 and set an "outperform" rating on the stock in a research report on Tuesday, June 17th. Finally, BMO Capital Markets cut their price objective on shares of Ivanhoe Mines from C$24.00 to C$21.00 in a report on Friday, June 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$15.55.

Ivanhoe Mines Stock Up 9.4%

Shares of TSE IVN opened at C$14.33 on Thursday. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.36 and a quick ratio of 20.86. The company has a market cap of C$19.40 billion, a P/E ratio of 49.41 and a beta of 1.79. Ivanhoe Mines has a 1 year low of C$8.76 and a 1 year high of C$20.95. The firm has a 50-day simple moving average of C$11.88 and a two-hundred day simple moving average of C$12.05.

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.

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