Brokers Set Expectations for Ivanhoe Mines FY2026 Earnings

Ivanhoe Mines Ltd. (TSE:IVN - Free Report) - Research analysts at Scotiabank lowered their FY2026 earnings estimates for shares of Ivanhoe Mines in a report released on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $0.60 for the year, down from their previous forecast of $0.77. Scotiabank has a "Outperform" rating and a $20.00 price objective on the stock. The consensus estimate for Ivanhoe Mines' current full-year earnings is $1.01 per share.

Several other equities analysts have also issued reports on IVN. TD Securities decreased their price target on Ivanhoe Mines from C$25.00 to C$24.00 and set a "buy" rating on the stock in a research note on Thursday, January 9th. Citigroup lowered their target price on Ivanhoe Mines from C$24.00 to C$20.00 and set a "buy" rating for the company in a research note on Tuesday, February 25th. Raymond James reduced their price target on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set an "outperform" rating on the stock in a research note on Thursday, January 9th. Finally, UBS Group lowered their price objective 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 MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of C$23.18.

Ivanhoe Mines Price Performance

IVN traded up C$0.15 during trading on Friday, hitting C$15.10. 1,900,535 shares of the stock traded hands, compared to its average volume of 2,190,642. The business has a 50 day moving average price of C$15.39 and a 200 day moving average price of C$17.36. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.36 and a quick ratio of 20.86. Ivanhoe Mines has a twelve month low of C$12.15 and a twelve month high of C$21.32. The company has a market cap of C$14.32 billion, a price-to-earnings ratio of 91.29 and a beta of 1.94.

About Ivanhoe Mines

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.