TSE:IVN

Ivanhoe Mines - IVN Stock Forecast, Price & News

C$11.55

+0.42 (+3.77%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: C$11.20
▼
C$11.70
50-Day Range: C$10.66
▼
C$12.58
52-Week Range: C$6.41
▼
C$12.75

Volume: 1.66 million shs
Average Volume: 1.54 million shs
Market Capitalization: C$14.09 billion

P/E Ratio: 25.11
Dividend Yield: N/A
Price Target: C$14.00

Ivanhoe Mines MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 21.2% Upside
C$14.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.70
Based on 3 Articles This Week
Insider Trading: Selling Shares
C$800,338 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Ivanhoe Mines has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$14.00, Ivanhoe Mines has a forecasted upside of 21.2% from its current price of C$11.55.
Amount of Analyst Coverage
Ivanhoe Mines has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for IVN.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IVN.

3.2

News and Social Media Coverage

News Sentiment
Ivanhoe Mines has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ivanhoe Mines this week, compared to 0 articles on an average week.
Search Interest
23 people have searched for IVN on MarketBeat in the last 30 days. This is an increase of 1,050% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Ivanhoe Mines to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ivanhoe Mines insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$800,338.00 in company stock.
Percentage Held by Insiders
53.08% of the stock of Ivanhoe Mines is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 27.20% of the stock of Ivanhoe Mines is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ivanhoe Mines is 25.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ivanhoe Mines is 25.11, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 82.01.
Price to Book Value per Share Ratio
Ivanhoe Mines has a P/B Ratio of 4.79. 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

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.

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IVN Stock News Headlines

March 18, 2023 | americanbankingnews.com

Scotiabank Boosts Ivanhoe Mines (TSE:IVN) Price Target to C$16.00

March 16, 2023 | finance.yahoo.com

Ivanhoe Mines Files a New NI 43-101 Technical Report for the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo

March 21, 2023 | Weiss Ratings (Ad)

Urgent Warning

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March 13, 2023 | finance.yahoo.com

Ivanhoe Mines Issues 2022 Fourth Quarter and Annual Financial Results, plus Overview of Construction and Exploration Activities

February 27, 2023 | msn.com

Shares of This Canadian Miner Jumped 17% Last Month

February 23, 2023 | finance.yahoo.com

Ivanhoe Mines Comments on Share Price

February 10, 2023 | reuters.com

IVN.TO

January 30, 2023 | finance.yahoo.com

Ivanhoe Mines Announces Outstanding Economic Results of Updated, independent Integrated Development Plan (2023 IDP) for World-Leading Kamoa-Kakula Copper Complex

March 21, 2023 | Weiss Ratings (Ad)

Urgent Warning

January 9, 2023 | finanznachrichten.de

Ivanhoe Mines Ltd.: Ivanhoe Mines Provides 2022 Production Results and 2023 Production Guidance for the Kamoa-Kakula Mining Complex

January 9, 2023 | finance.yahoo.com

Ivanhoe Mines Provides 2022 Production Results and 2023 Production Guidance for the Kamoa-Kakula Mining Complex

December 21, 2022 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 1.37%

December 19, 2022 | finance.yahoo.com

Ivanhoe Mines Responds to The Sentry Report and Globe and Mail Article Impugning Ivanhoe's Business Conduct in the Democratic Republic of Congo

December 17, 2022 | thestreet.com

Rio Tinto Raises Stake in Ivanhoe Mines

December 16, 2022 | finance.yahoo.com

Ivanhoe Mines to Release Detailed Response to Misleading Globe and Mail Article on December 19, 2022

December 15, 2022 | businesswire.com

Investor Alert: Kalloghlian Myers LLP Encourages Ivanhoe Mines Ltd Investors to Inquire About a Class Action Investigation

November 11, 2022 | finance.yahoo.com

China Has Links to Dozens of Canadian Miners Tied to Critical Minerals

October 13, 2022 | seekingalpha.com

Ivanhoe Mines' Strong Upside Potential Awaits Copper's Next Rally

October 11, 2022 | finance.yahoo.com

Public companies who have a significant stake must be disappointed along with institutions after Ivanhoe Mines Ltd.'s (TSE:IVN) market cap dropped by CA$813m

September 9, 2022 | thestreet.com

Ivanhoe's Friedland May Sell Stake: Report

September 6, 2022 | finance.yahoo.com

Ivanhoe Mines Strengthens Operations and Project Capabilities with Key Executive Appointments

August 30, 2022 | thestreet.com

Ivanhoe Mines Up on Mongolia Tax Break

August 17, 2022 | msn.com

Ivanhoe (TSX:IVN) Had a Record Quarter: Should You Buy the Stock Today?

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)

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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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IVN Company Calendar

Today: 3/20/2023
Next Earnings (Estimated): 5/09/2023

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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$14.00
High Stock Price Forecast: C$16.00
Low Stock Price Forecast: C$12.00
Forecasted Upside/Downside: +21.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.46
Trailing P/E Ratio: 25.11
Forward P/E Ratio: 25.62
P/E Growth: N/A
Net Income: C$410.86 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 16.64%
Return on Assets: -1.58%

Debt

Debt-to-Equity Ratio: 18.32
Current Ratio: 9.85
Quick Ratio: 20.86

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.52 per share
Price / Cash Flow: 22.29
Book Value: C$2.41 per share
Price / Book: 4.79

Miscellaneous

Outstanding Shares: 1,220,000,000
Free Float: N/A
Market Cap: C$14.09 billion
Optionable: Not Optionable
Beta: 1.95

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. Mark Farren (Age 56)
Chief Operating Officer

Mr. Pierre Joubert
Exec. VP of Technical Services

Mr. Matthew Richard Keevil
Director of Investor Relations & Corp. Communications

Ms. Mary A. Vincelli
VP of Compliance & Corp. Sec.

Mr. Alex Pickard
VP of Corp. Devel.

Mr. Stephen Torr P.Geo.
Sr. VP of Geosciences

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

IVN Stock - Frequently Asked Questions

Should I buy or sell Ivanhoe Mines stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ivanhoe Mines in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research 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 2023?: 2 brokerages have issued 1-year target prices for Ivanhoe Mines' stock. Their IVN share price forecasts range from C$12.00 to C$16.00. On average, they predict the company's share price to reach C$14.00 in the next year. This suggests a possible upside of 21.2% 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 2023?: Ivanhoe Mines' stock was trading at C$10.70 at the beginning of the year. Since then, IVN stock has increased by 7.9% and is now trading at C$11.55.
View the best growth stocks for 2023 here.
When is Ivanhoe Mines' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our IVN earnings forecast.
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$11.55.
How much money does Ivanhoe Mines make?: Ivanhoe Mines (TSE:IVN) has a market capitalization of C$14.09 billion. The company earns C$410.86 million in net income (profit) each year or C$0.46 on an earnings per share basis.
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 3/21/2023 by MarketBeat.com Staff

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Ivanhoe Mines - IVN Stock Forecast, Price & News

Ivanhoe Mines MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ivanhoe Mines (TSE:IVN) Stock

IVN Stock News Headlines

IVN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

IVN Stock - Frequently Asked Questions

Overall MarketRank^™