FY2027 EPS Estimates for Ivanhoe Mines Raised by Scotiabank

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) – Investment analysts at Scotiabank upped their FY2027 earnings per share estimates for shares of Ivanhoe Mines in a research report issued on Wednesday, July 15th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings per share of $0.41 for the year, up from their previous estimate of $0.39. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $0.32 per share.

IVPAF has been the topic of a number of other research reports. Raymond James Financial lowered shares of Ivanhoe Mines from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, April 1st. Royal Bank Of Canada downgraded shares of Ivanhoe Mines from a “moderate buy” rating to a “hold” rating in a report on Monday, April 6th. Jefferies Financial Group reiterated a “hold” rating on shares of Ivanhoe Mines in a research note on Monday, July 6th. Finally, Morgan Stanley raised Ivanhoe Mines from a “negative” rating to an “overweight” rating in a report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ivanhoe Mines currently has an average rating of “Hold” and an average price target of $15.20.

Ivanhoe Mines Stock Performance

IVPAF stock opened at $7.00 on Friday. The stock’s fifty day moving average is $8.15 and its two-hundred day moving average is $9.57. The stock has a market capitalization of $9.98 billion, a price-to-earnings ratio of 77.79 and a beta of 0.90. Ivanhoe Mines has a 1 year low of $6.75 and a 1 year high of $15.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.16 and a current ratio of 2.33.

Ivanhoe Mines (OTCMKTS:IVPAF) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The business had revenue of $165.53 million during the quarter, compared to analyst estimates of $186.31 million. Ivanhoe Mines had a return on equity of 5.14% and a net margin of 24.86%.

Ivanhoe Mines Company Profile

Ivanhoe Mines is a Canada-based mineral exploration and development company focused on unlocking high-value deposits of copper, nickel, zinc, and platinum-group metals. The company pursues a two-pronged strategy of advancing large-scale mining projects through feasibility and development stages while also expanding its exploration footprint. Ivanhoe’s technical expertise spans geology, engineering, environmental management, and community relations, enabling it to secure the necessary permits and infrastructure for major mine developments.

The company’s flagship asset is the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC), a joint venture with the government of the DRC and Zijin Mining.