Ivanhoe Mines (TSE:IVN – Get Free Report) will post its quarterly earnings results before the market opens on Tuesday, April 30th. Analysts expect Ivanhoe Mines to post earnings of C$0.03 per share for the quarter.
Ivanhoe Mines (TSE:IVN – Get Free Report) last issued its quarterly earnings results on Monday, February 26th. The company reported C$0.03 EPS for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.05).
Ivanhoe Mines Price Performance
Shares of IVN opened at C$19.03 on Tuesday. The firm has a market capitalization of C$24.17 billion, a price-to-earnings ratio of 52.86 and a beta of 2.00. The company has a debt-to-equity ratio of 18.08, a quick ratio of 20.86 and a current ratio of 3.28. Ivanhoe Mines has a one year low of C$9.89 and a one year high of C$19.99. The stock’s fifty day moving average is C$15.93 and its 200-day moving average is C$13.53.
Insider Activity at Ivanhoe Mines
Analyst Ratings Changes
A number of research analysts have recently commented on the company. TD Securities raised their price target on Ivanhoe Mines from C$17.00 to C$17.50 and gave the company a “buy” rating in a report on Wednesday, February 28th. Eight Capital raised their target price on Ivanhoe Mines from C$19.00 to C$30.00 in a research note on Monday. Bank of America raised their target price on Ivanhoe Mines from C$15.50 to C$21.00 in a research note on Tuesday, April 9th. Canaccord Genuity Group raised their target price on Ivanhoe Mines from C$16.00 to C$21.00 in a research note on Wednesday, April 17th. Finally, Raymond James raised their target price on Ivanhoe Mines from C$18.00 to C$19.00 in a research note on Wednesday, March 20th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Ivanhoe Mines has a consensus rating of “Buy” and a consensus target price of C$19.69.
Check Out Our Latest Research Report on IVN
About Ivanhoe Mines
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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