Scotiabank Estimates Ivanhoe Mines FY2026 Earnings

Ivanhoe Mines Ltd. (TSE:IVN - Free Report) - Analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Ivanhoe Mines in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw forecasts that the company will post earnings per share of $0.77 for the year. Scotiabank 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.

Several other analysts also recently issued reports on the company. Raymond James dropped their price target on Ivanhoe Mines from C$25.00 to C$24.00 and set an "outperform" rating on the stock in a research note on Thursday. TD Securities reduced their price target on Ivanhoe Mines from C$25.00 to C$24.00 and set a "buy" rating for the company in a report on Thursday. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of C$24.00.

Ivanhoe Mines Stock Up 0.5 %

Shares of IVN traded up C$0.08 during midday trading on Friday, hitting C$17.27. The stock had a trading volume of 1,104,572 shares, compared to its average volume of 1,248,859. The company has a 50 day simple moving average of C$18.21 and a two-hundred day simple moving average of C$18.18. Ivanhoe Mines has a twelve month low of C$12.94 and a twelve month high of C$21.32. The firm has a market cap of C$23.31 billion, a price-to-earnings ratio of 107.94 and a beta of 1.94. The company has a debt-to-equity ratio of 4.24, a current ratio of 1.17 and a quick ratio of 20.86.

Insider Activity

In other news, Director Jinghe Chen sold 60,288 shares of the company's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$19.00, for a total transaction of C$1,145,472.00. Also, Director Martie Cloete sold 2,800 shares of the business's stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$18.56, for a total transaction of C$51,968.00. Over the last ninety days, insiders sold 68,088 shares of company stock worth $1,292,379. Corporate insiders own 44.96% of the company's stock.

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.