
Ivanhoe Mines Ltd. (OTCMKTS:IVPAF – Free Report) – Equities researchers at Scotiabank increased their FY2027 EPS estimates for Ivanhoe Mines in a research report issued to clients and investors on Thursday, June 18th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $0.39 for the year, up from their prior estimate of $0.23. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $0.31 per share.
Ivanhoe Mines (OTCMKTS:IVPAF – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. The business had revenue of $165.53 million for the quarter, compared to analyst estimates of $186.31 million. Ivanhoe Mines had a net margin of 24.86% and a return on equity of 5.14%.
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Ivanhoe Mines Stock Performance
Ivanhoe Mines stock opened at $8.18 on Monday. The stock has a market cap of $11.67 billion, a P/E ratio of 90.92 and a beta of 0.73. Ivanhoe Mines has a fifty-two week low of $7.20 and a fifty-two week high of $15.00. The firm’s fifty day moving average price is $8.58 and its 200-day moving average price is $9.99. 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 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.
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