TSE:IVN

Ivanhoe Mines - IVN Stock Forecast, Price & News

C$8.72

+0.12 (+1.40%)

(As of 08/16/2022 02:39 PM ET)

Add

Compare

Today's Range: C$8.57
▼
C$8.85
50-Day Range: C$6.57
▼
C$10.62
52-Week Range: C$6.41
▼
C$13.15

Volume: 468,805 shs
Average Volume: 1.61 million shs
Market Capitalization: C$10.57 billion

P/E Ratio: 124.57
Dividend Yield: N/A
Price Target: C$13.88

About Ivanhoe Mines (TSE:IVN) Stock

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 2,407 square kilometers located in the Democratic Republic of Congo. The company 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. Ivanhoe Mines Ltd. was formerly known as Ivanplats Limited and changed its name to Ivanhoe Mines Ltd. in August 2013. The company was incorporated in 1993 and is headquartered in Vancouver, Canada.

Analyst Upgrades and Downgrades

IVN has been the topic of several recent research reports. Raymond James lowered their price objective on shares of Ivanhoe Mines from C$13.50 to C$13.00 and set an "outperform" rating on the stock in a research note on Tuesday, July 19th. Scotiabank cut their price objective on shares of Ivanhoe Mines from C$15.00 to C$13.00 in a report on Thursday, July 7th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of C$13.83.

Ivanhoe Mines Price Performance

Shares of TSE:IVN opened at C$8.60 on Tuesday. The business's 50 day moving average price is C$7.96 and its 200 day moving average price is C$9.92. The firm has a market cap of C$10.42 billion and a P/E ratio of 122.86. Ivanhoe Mines has a 52 week low of C$6.41 and a 52 week high of C$13.15. The company has a quick ratio of 20.02, a current ratio of 22.47 and a debt-to-equity ratio of 20.64.

Receive IVN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ivanhoe Mines and its competitors with MarketBeat's FREE daily newsletter.

IVN Stock News Headlines

August 15, 2022 | finance.yahoo.com

Ivanhoe Mines Issues Second Quarter 2022 Financial Results, and Review of Mine Construction and Exploration Activities

August 12, 2022 | uk.investing.com

Ivanhoe Mines Ltd. (IVN)

August 6, 2022 | americanbankingnews.com

Ivanhoe Mines (TSE:IVN) Stock Price Crosses Below Two Hundred Day Moving Average of $10.04

July 22, 2022 | americanbankingnews.com

Brokerages Set Ivanhoe Mines Ltd. (TSE:IVN) PT at C$13.89

July 22, 2022 | americanbankingnews.com

Raymond James Equities Analysts Lower Earnings Estimates for Ivanhoe Mines Ltd. (TSE:IVN)

June 25, 2022 | msn.com

Ivanhoe Electric Inc. To Start Trading Tomorrow

June 6, 2022 | finance.yahoo.com

Kamoa Copper Achieves Record Monthly Copper Production of 29,800 Tonnes

May 4, 2022 | finance.yahoo.com

What Kind Of Shareholders Hold The Majority In Ivanhoe Mines Ltd.'s (TSE:IVN) Shares?

May 3, 2022 | finance.yahoo.com

Kamoa-Kakula on Track to Become the World's Third-largest Copper Mining Complex by Q4 2024, with Copper Production of Approximately 600,000 Tonnes per Year

March 14, 2022 | finance.yahoo.com

Ivanhoe Mines Secures Options to Power Its Tier-one Platreef Palladium, Rhodium, Nickel, Platinum, Copper and Gold Mine in South Africa with Solar and LNG-Generated Electricity

February 23, 2022 | finance.yahoo.com

South African Mining Veteran Riaan Vermeulen Appointed as Kamoa Copper's New Managing Director

February 23, 2022 | nasdaq.com

China's Zijin announces expansion plan for Congo copper joint venture

February 22, 2022 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite unchanged

February 14, 2022 | nasdaq.com

Ivanhoe Mines, Congo's Gecamines sign deal to develop Kipushi zinc mine

February 4, 2022 | finanznachrichten.de

SES AI Corporation Begins Trading Today on the New York Stock Exchange Under the Symbol "SES"

January 18, 2022 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite down 1.19%

January 10, 2022 | finanznachrichten.de

Ivanhoe Mines Ltd.: Ivanhoe Mines Provides 2022 Production and Cost Guidance for Kamoa-Kakula Copper Complex

December 8, 2021 | finance.yahoo.com

Platreef Mine Secures US$200 Million Gold Stream Financing and Additional US$100 Million Palladium and Platinum Stream

November 15, 2021 | finance.yahoo.com

Ivanhoe Mines Promotes David van Heerden to the Role of Chief Financial Officer

November 10, 2021 | finance.yahoo.com

Ivanhoe Mines To Issue Q3 2021 Financial Results And Host Conference Call for Investors On November 15, 2021

October 18, 2021 | finance.yahoo.com

Ivanhoe Mines Provides Notice of Q3 2021 Financial Results and Conference Call for Investors on November 15, 2021

September 7, 2021 | finance.yahoo.com

Kamoa-Kakula Phase 1 Concentrator Plant Approaching Steady-State-Design Performance

August 11, 2021 | finance.yahoo.com

What You Need To Know About Ivanhoe Mines Ltd.'s (TSE:IVN) Investor Composition

July 25, 2021 | markets.businessinsider.com

Ivanhoe says Kamoa-Kakula begins exporting copper concentrate

June 30, 2021 | finance.yahoo.com

Kamoa-Kakula Monthly Progress Update Expected on July 6

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive IVN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ivanhoe Mines and its competitors with MarketBeat's FREE daily newsletter.

IVN Company Calendar

Today: 8/16/2022
Next Earnings (Estimated): 11/21/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Industrial Metals & Minerals
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:IVN
Previous Symbol: TSE:IVP
CUSIP: N/A
CIK: N/A
Web: www.ivanhoemines.com
Phone: +1-604-6886630
Fax: N/A
Employees: 710
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$13.88
High Stock Price Forecast: C$16.50
Low Stock Price Forecast: C$11.00
Forecasted Upside/Downside: +59.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 124.57
Forward P/E Ratio: 12.11
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 20.64
Current Ratio: 22.47
Quick Ratio: 20.02

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.47 per share
Price / Cash Flow: 18.60
Book Value: C$2.10 per share
Price / Book: 4.14

Miscellaneous

Outstanding Shares: 1,211,846,000
Free Float: N/A
Market Cap: C$10.57 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Ms. Martie Cloete (Age 45)
Pres
Comp: $2.25M
Mr. David Harry Van Heerden
Chief Financial Officer
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
Mr. Alex Pickard
VP of Corp. Devel.
Mr. Stephen Torr P.Geo.
Sr. VP of Geosciences

Key Competitors

View All Competitors

Insiders & Institutions

Louis Kabamba Watum
Sold 3,000 shares
Total: C$33,690.00 ($11.23/share)

View All Insider Transactions
View All Institutional Transactions

IVN Stock - Frequently Asked Questions

Should I buy or sell Ivanhoe Mines stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ivanhoe Mines in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IVN shares.
View IVN analyst ratings or view top-rated stocks.
What is Ivanhoe Mines' stock price forecast for 2022?: 4 analysts have issued 1-year price targets for Ivanhoe Mines' shares. Their IVN share price forecasts range from C$11.00 to C$16.50. On average, they predict the company's stock price to reach C$13.88 in the next year. This suggests a possible upside of 61.3% from the stock's current price.
View analysts price targets for IVN or view top-rated stocks among Wall Street analysts.
How have IVN shares performed in 2022?: Ivanhoe Mines' stock was trading at C$10.32 at the beginning of 2022. Since then, IVN stock has decreased by 16.7% and is now trading at C$8.60.
View the best growth stocks for 2022 here.
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 stock 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$8.60.
How much money does Ivanhoe Mines make?: Ivanhoe Mines (TSE:IVN) has a market capitalization of C$10.42 billion.
How many employees does Ivanhoe Mines have?: The company employs 710 workers across the globe.
How can I contact Ivanhoe Mines?: Ivanhoe Mines' mailing address is 654-999 Canada Pl, VANCOUVER, BC V6C 3E1, Canada. The official website for the company is www.ivanhoemines.com. The company can be reached via phone at +1-604-6886630.

This page (TSE:IVN) was last updated on 8/16/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here