Ivanhoe Mines Ltd. (OTCMKTS:IVPAF – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $10.4480, but opened at $10.89. Ivanhoe Mines shares last traded at $10.32, with a volume of 13,915 shares.
Analyst Ratings Changes
A number of research firms have recently weighed in on IVPAF. Scotiabank raised Ivanhoe Mines from a “hold” rating to an “outperform” rating in a research note on Monday, September 29th. Morgan Stanley reiterated an “overweight” rating on shares of Ivanhoe Mines in a research report on Wednesday, October 8th. Citigroup reissued a “buy” rating on shares of Ivanhoe Mines in a research note on Wednesday, October 8th. Finally, TD Securities reaffirmed a “buy” rating on shares of Ivanhoe Mines in a research note on Monday, September 29th. Three equities research analysts have rated the stock with a Strong Buy rating and four have issued a Buy rating to the stock. Based on data from MarketBeat, Ivanhoe Mines presently has an average rating of “Buy”.
Read Our Latest Analysis on Ivanhoe Mines
Ivanhoe Mines Stock Down 3.3%
Ivanhoe Mines (OTCMKTS:IVPAF – Get Free Report) last posted its earnings results on Wednesday, October 29th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.04. The company had revenue of $129.40 million during the quarter, compared to analysts’ expectations of $128.95 million.
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.
See Also
- Five stocks we like better than Ivanhoe Mines
- Short Selling – The Pros and Cons
- The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy
- Profitably Trade Stocks at 52-Week Highs
- Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Strong Quarter, Weak Reaction: Why GitLab Shares Dropped
Receive News & Ratings for Ivanhoe Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ivanhoe Mines and related companies with MarketBeat.com's FREE daily email newsletter.
