TSE:IVN

Ivanhoe Mines Stock Forecast, Price & News

C$9.48

+0.11 (+1.17 %)

(As of 07/29/2021 12:00 AM ET)

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Today's Range

C$9.31

▼

C$9.53

50-Day Range

C$7.94

▼

C$9.48

52-Week Range

C$4.50

▼

C$9.74

Volume1.24 million shs

Average Volume2.21 million shs

Market CapitalizationC$11.45 billion

P/E Ratio729.23

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Ivanhoe Mines

Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located 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. It also holds a 100% interest in the Western Foreland exploration project covering an area of approximately 2,550 square kilometers located in the Democratic Republic of Congo. It has a strategic partnership agreement with China Nonferrous Metal Mining (Group) Co., Ltd. to examine exploration, development, and acquisition of mineral projects, as well as production, smelting, and logistics opportunities in Africa. The company was formerly known as Ivanplats Limited and changed its name to Ivanhoe Mines Ltd. in August 2013. Ivanhoe Mines Ltd. was incorporated in 1993 and is headquartered in Vancouver, Canada.

Ivanhoe Mines (TSE:IVN) Stock Crosses Above Fifty Day Moving Average of $8.77
July 28, 2021 | americanbankingnews.com

Ivanhoe says Kamoa-Kakula begins exporting copper concentrate
July 25, 2021 | markets.businessinsider.com

Ivanhoe Mines (TSE:IVN) Share Price Passes Below 50-Day Moving Average of $8.76
July 20, 2021 | americanbankingnews.com

Ivanhoe Mines (TSE:IVN) Given New C$11.00 Price Target at Scotiabank
July 12, 2021 | americanbankingnews.com

Kamoa-Kakula Monthly Progress Update Expected on July 6
June 30, 2021 | finance.yahoo.com

How Ivanhoe’s giant new Congo mine stacks up against copper mining’s top tier
June 26, 2021 | markets.businessinsider.com

All the copper from giant new Congo mine destined for China
June 10, 2021 | markets.businessinsider.com

Ivanhoe Mines Issues Fourth Annual Sustainability Report Showcasing the Company's Achievements Toward Becoming a Global ESG Leader in Mining
June 8, 2021 | finance.yahoo.com

Ivanhoe's Congo copper JV inks 10-year processing deal with nearby smelter
June 2, 2021 | finance.yahoo.com

Kamoa-Kakula Phase 1 Concentrator Plant Produced First Copper Concentrate on May 25; Ramp Up Toward Nameplate Capacity of 3.8 Million Tonnes of Ore per Year Progressing Smoothly
June 2, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:IVN
Previous SymbolTSE:IVP
CUSIPN/A
CIKN/A
Webwww.ivanhoemines.com
Phone+1-604-6886630
Employees710
Year FoundedN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowC$0.61 per share
Price / Cash Flow15.46
Book ValueC$2.04 per share
Price / Book4.64

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares1,208,032,000
Market CapC$11.45 billion
Next Earnings Date8/9/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.59 out of 5 stars

2.4 Analyst's Opinion

Consensus Rating
Ivanhoe Mines has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$10.53, Ivanhoe Mines has a forecasted upside of 11.1% from its current price of C$9.48.
Amount of Analyst Coverage
Ivanhoe Mines has only been the subject of 3 research reports in the past 90 days.

3.9 Community Rank

Outperform Votes
Ivanhoe Mines has received 594 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ivanhoe Mines has received 173 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ivanhoe Mines has received 77.44% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ivanhoe Mines and other stocks. Vote “Outperform” if you believe IVN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IVN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Ivanhoe Mines does not currently pay a dividend.
Dividend Growth
Ivanhoe Mines does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ivanhoe Mines insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$22,000.00 in company stock and sold C$0.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ivanhoe Mines is 729.23, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ivanhoe Mines is 729.23, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 30.10.
Price to Book Value per Share Ratio
Ivanhoe Mines has a P/B Ratio of 4.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ivanhoe Mines (TSE:IVN) Frequently Asked Questions

Is Ivanhoe Mines a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ivanhoe Mines in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ivanhoe Mines stock.
View analyst ratings for Ivanhoe Mines or view top-rated stocks.

What stocks does MarketBeat like better than Ivanhoe Mines?

Wall Street analysts have given Ivanhoe Mines a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ivanhoe Mines wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Ivanhoe Mines' next earnings date?

Ivanhoe Mines is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Ivanhoe Mines.

How were Ivanhoe Mines' earnings last quarter?

Ivanhoe Mines Ltd. (TSE:IVN) issued its earnings results on Thursday, May, 13th. The company reported ($0.03) earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.03).
View Ivanhoe Mines' earnings history.

How has Ivanhoe Mines' stock price been impacted by COVID-19 (Coronavirus)?

Ivanhoe Mines' stock was trading at C$2.39 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IVN shares have increased by 296.7% and is now trading at C$9.48.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for IVN?

4 Wall Street analysts have issued 12-month price targets for Ivanhoe Mines' shares. Their forecasts range from C$5.20 to C$15.00. On average, they anticipate Ivanhoe Mines' stock price to reach C$10.53 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts' price targets for Ivanhoe Mines or view top-rated stocks among Wall Street analysts.

Who are Ivanhoe Mines' key executives?

Ivanhoe Mines' management team includes the following people:

Ms. Martie Cloete, Pres & CFO (Age 44, Pay $475.64k)
Dr. Setha Patricia Makhesha, Exec. VP of Sustainability & Special Projects
Mr. Peter Zhou, Exec. VP of China
Mr. Pierre Joubert, Exec. VP of Technical Services
Mr. Bill Trenaman, VP of Investor Relations
Ms. Mary A. Vincelli, VP of Compliance & Corp. Sec.
Mr. Olivier Binyingo, VP Public Affairs DRC
Alex Pickard, VP of Corp. Devel.
Mr. Stephen Torr P.Geo., Sr. VP of Geosciences
Mr. Elia Mikhael, VP of Infrastructure & Strategic Support Project Devel.

Who are some of Ivanhoe Mines' key competitors?

Some companies that are related to Ivanhoe Mines include Anglo American (AAL), Glencore (GLEN), Teck Resources (TECK.A), First Quantum Minerals (FM), Teck Resources (TECK.B), Antofagasta (ANTO), Cameco (CCO), BRP (DOO), South32 (S32), Polymetal International (POLY), ARC Resources (ARX), Fresnillo (FRES), KAZ Minerals (KAZ), Champion Iron (CIA) and Superior Plus (SPB).
View all of IVN's competitors.

What other stocks do shareholders of Ivanhoe Mines own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ivanhoe Mines investors own include Input Capital (INP), Casino, Guichard-Perrachon Societe Anonyme (COP), Falcon Oil & Gas (FO), Falcon Oil & Gas (FOG), Pretium Resources (PVG), BGC Partners (BGCP), HealthEquity (HQY), Berkeley Energia (BKY), Costco Wholesale (COST) and B2Gold (BTO).

What is Ivanhoe Mines' stock symbol?

Ivanhoe Mines trades on the Toronto Stock Exchange (TSX) under the ticker symbol "IVN."

How do I buy shares of Ivanhoe Mines?

Shares of IVN and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Ivanhoe Mines' stock price today?

One share of IVN stock can currently be purchased for approximately C$9.48.

How much money does Ivanhoe Mines make?

Ivanhoe Mines has a market capitalization of C$11.45 billion.

How many employees does Ivanhoe Mines have?

Ivanhoe Mines employs 710 workers across the globe.

What is Ivanhoe Mines' official website?

The official website for Ivanhoe Mines is www.ivanhoemines.com.

Where are Ivanhoe Mines' headquarters?

Ivanhoe Mines is headquartered at 654-999 Canada Pl, VANCOUVER, BC V6C 3E1, Canada.

How can I contact Ivanhoe Mines?

Ivanhoe Mines' mailing address is 654-999 Canada Pl, VANCOUVER, BC V6C 3E1, Canada. The company can be reached via phone at +1-604-6886630.

This page was last updated on 7/29/2021 by MarketBeat.com Staff

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