FY2026 EPS Estimates for Ivanhoe Mines Reduced by Scotiabank

Ivanhoe Mines Ltd. (TSE:IVN - Free Report) - Stock analysts at Scotiabank reduced their FY2026 earnings per share estimates for shares of Ivanhoe Mines in a report issued 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 prior estimate of $0.77. Scotiabank currently has a "Outperform" rating and a $20.00 price target on the stock. The consensus estimate for Ivanhoe Mines' current full-year earnings is $1.01 per share.

A number of other equities analysts also recently commented on IVN. UBS Group dropped their target price on shares of Ivanhoe Mines from C$21.00 to C$19.00 in a research note on Friday, February 21st. TD Securities dropped their price objective 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 reduced their price objective on 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. Finally, Raymond James lowered their target price on Ivanhoe Mines from C$25.00 to C$24.00 and set an "outperform" rating for the company in a report on Thursday, January 9th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$23.18.

Ivanhoe Mines Trading Up 1.5 %

IVN stock traded up C$0.22 during trading on Friday, hitting C$14.92. The company had a trading volume of 1,323,938 shares, compared to its average volume of 2,174,191. Ivanhoe Mines has a 52-week low of C$12.15 and a 52-week high of C$21.32. The company has a 50 day simple moving average of C$15.43 and a 200-day simple moving average of C$17.38. The firm has a market capitalization of C$14.14 billion, a P/E ratio of 90.20 and a beta of 1.94. The company has a quick ratio of 20.86, a current ratio of 1.36 and a debt-to-equity ratio of 2.48.

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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.