Raymond James Forecasts Ivanhoe Mines Q1 Earnings

Ivanhoe Mines Ltd. (TSE:IVN - Free Report) - Equities researchers at Raymond James issued their Q1 2025 earnings per share estimates for Ivanhoe Mines in a note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed expects that the company will post earnings per share of $0.04 for the quarter. Raymond James has a "Outperform" rating and a $24.00 price objective on the stock. The consensus estimate for Ivanhoe Mines' current full-year earnings is $1.01 per share. Raymond James also issued estimates for Ivanhoe Mines' Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.26 EPS.

Other research analysts have also recently issued reports about the stock. TD Securities reduced their price target on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set a "buy" rating on the stock in a research report on Thursday, January 9th. Citigroup reduced their target price on shares of Ivanhoe Mines from C$24.00 to C$20.00 and set a "buy" rating on the stock in a report on Tuesday, February 25th. Scotiabank lowered their price target on shares of Ivanhoe Mines from C$21.00 to C$20.00 and set an "outperform" rating for the company in a research note on Thursday, January 9th. Finally, UBS Group cut their price target on shares of Ivanhoe Mines from C$21.00 to C$19.00 in a research report on Friday, February 21st. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of C$23.18.

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Ivanhoe Mines Price Performance

Shares of Ivanhoe Mines stock traded up C$0.55 during trading on Friday, hitting C$13.59. 2,702,985 shares of the stock traded hands, compared to its average volume of 2,190,308. The firm's fifty day moving average is C$15.95 and its 200-day moving average is C$17.61. The stock has a market cap of C$12.88 billion, a price-to-earnings ratio of 82.16 and a beta of 1.94. Ivanhoe Mines has a 52 week low of C$12.15 and a 52 week high of C$21.32. The company has a quick ratio of 20.86, a current ratio of 1.36 and a debt-to-equity ratio of 2.48.

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.