Stifel Canada Predicts Stronger Earnings for Ivanhoe Mines

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF - Free Report) - Research analysts at Stifel Canada boosted their FY2026 earnings estimates for Ivanhoe Mines in a research report issued to clients and investors on Tuesday, October 21st. Stifel Canada analyst R. Profiti now anticipates that the company will earn $0.36 per share for the year, up from their previous estimate of $0.29. Stifel Canada currently has a "Strong-Buy" rating on the stock. Stifel Canada also issued estimates for Ivanhoe Mines' FY2027 earnings at $0.53 EPS.

Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $96.76 million for the quarter, compared to analyst estimates of $101.84 million.

IVPAF has been the topic of several other research reports. Morgan Stanley restated an "overweight" rating on shares of Ivanhoe Mines in a research note on Wednesday, October 8th. TD Securities reaffirmed a "buy" rating on shares of Ivanhoe Mines in a research note on Monday, September 29th. Raymond James Financial raised Ivanhoe Mines to a "moderate buy" rating in a research note on Monday, June 30th. Citigroup reaffirmed a "buy" rating on shares of Ivanhoe Mines in a research note on Wednesday, October 8th. Finally, Scotiabank raised Ivanhoe Mines from a "hold" rating to an "outperform" rating in a research note on Monday, September 29th. Three investment analysts have rated the stock with a Strong Buy rating and four have given a Buy rating to the company. Based on data from MarketBeat, Ivanhoe Mines has a consensus rating of "Buy".

Ivanhoe Mines Trading Up 1.4%

Shares of OTCMKTS:IVPAF opened at $10.40 on Friday. The firm's 50 day moving average is $9.68 and its two-hundred day moving average is $8.88. Ivanhoe Mines has a 52 week low of $6.50 and a 52 week high of $15.00. The firm has a market capitalization of $14.76 billion and a P/E ratio of 21.02.

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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