Ivanhoe Mines (TSE:IVN – Get Free Report) had its price target lowered by equities researchers at TD Securities from C$19.00 to C$13.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ price objective points to a potential upside of 24.52% from the company’s current price.
Other equities research analysts have also recently issued reports about the company. BMO Capital Markets lowered their price objective on Ivanhoe Mines from C$23.00 to C$16.00 in a report on Wednesday. Jefferies Financial Group downgraded Ivanhoe Mines from a “buy” rating to a “hold” rating and decreased their target price for the company from C$18.00 to C$16.00 in a research report on Monday, December 8th. Scotiabank lowered Ivanhoe Mines from an “outperform” rating to a “hold” rating and lowered their price target for the stock from C$19.00 to C$14.50 in a research note on Wednesday. Canaccord Genuity Group cut Ivanhoe Mines from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$18.00 to C$15.00 in a research report on Friday, February 20th. Finally, Stifel Nicolaus reduced their price objective on Ivanhoe Mines from C$22.00 to C$15.00 in a research note on Wednesday. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ivanhoe Mines currently has an average rating of “Moderate Buy” and a consensus price target of C$15.45.
Get Our Latest Stock Report on Ivanhoe Mines
Ivanhoe Mines Stock Performance
Ivanhoe Mines (TSE:IVN – Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported C$0.06 EPS for the quarter. Ivanhoe Mines had a net margin of 59.26% and a return on equity of 4.76%. The business had revenue of C$183.99 million during the quarter. Equities analysts anticipate that Ivanhoe Mines will post 1.0136483 earnings per share for the current fiscal year.
Insider Buying and Selling at Ivanhoe Mines
In other news, Director Peter Meredith sold 13,459 shares of the business’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of C$16.43, for a total transaction of C$221,131.37. Following the transaction, the director directly owned 841,256 shares in the company, valued at C$13,821,836.08. The trade was a 1.57% decrease in their position. In the last 90 days, insiders sold 16,559 shares of company stock worth $272,125. Insiders own 44.96% of the company’s stock.
More Ivanhoe Mines News
Here are the key news stories impacting Ivanhoe Mines this week:
- Positive Sentiment: Management is explicitly prioritizing scale and medium‑term production growth, targeting ~500 kt of copper by 2028 as it trims near‑term output to focus on ramp reliability and long‑term performance. This signals a strategic shift toward delivering a larger, steadier asset rather than near‑term metal volumes. Ivanhoe trims 2026-27 Kamoa copper, targets 500kt by 2028
- Positive Sentiment: Some analysts remain constructive despite cuts — TD Securities kept a “buy” rating (albeit with a lower target), indicating there is still analyst conviction around the long‑term value if operations stabilize. TD Securities lowers price target but retains buy
- Neutral Sentiment: Market roundups flagged IVN as a name to watch amid broader TSX action today — useful for context but not a direct driver beyond headline reaction and flows. TSX today: What to watch for in stocks on Thursday, April 2
- Negative Sentiment: Ivanhoe announced a deeper‑than‑expected production cut at Kamoa‑Kakula, shocking the market and pressuring near‑term revenue and cash‑flow expectations; this was widely reported and triggered the immediate selloff. Ivanhoe stuns market with deep Kamoa-Kakula output cut
- Negative Sentiment: Trade press coverage echoed the production shock and highlighted operational risks at the DRC assets, reinforcing negative sentiment and spurring higher intraday volume. Ivanhoe stuns market with deep DRC copper output cut
- Negative Sentiment: Multiple brokerages cut price targets and/or downgraded the stock (Stifel, BMO, Scotiabank, Raymond James) — a wave of analyst revisions that reduces near‑term investor confidence even where upside remains on longer horizons. Analyst rating and target changes
Ivanhoe Mines Company Profile
Ivanhoe Mines Ltd is a mineral exploration and development company. The company, together with its subsidiaries, explores, develops, and recovers minerals and precious gems from its property interests located in Africa. The group explores platinum, nickel, copper, gold, silver, cobalt, iron, vanadium, and chrome. It operates in four segments: Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company’s treasury offices.
Further Reading
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