FY2026 EPS Estimate for Ivanhoe Mines Decreased by Analyst

Ivanhoe Mines Ltd. (TSE:IVN) – Investment analysts at Scotiabank reduced their FY2026 earnings estimates for shares of Ivanhoe Mines in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the company will post earnings of $0.60 per share for the year, down from their prior estimate of $0.77. Scotiabank currently has a “Outperform” rating and a $20.00 target price on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $1.01 per share.

Other equities research analysts have also recently issued reports about the company. Raymond James dropped their price objective on Ivanhoe Mines from C$25.00 to C$24.00 and set an “outperform” rating for the company 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 research note on Tuesday, February 25th. UBS Group reduced their target price on shares of Ivanhoe Mines from C$21.00 to C$19.00 in a report on Friday, February 21st. Finally, TD Securities decreased their price target on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set a “buy” rating for the company in a research note on Thursday, January 9th. 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 target price of C$23.18.

Ivanhoe Mines Stock Down 3.4 %

Ivanhoe Mines stock opened at C$14.70 on Friday. The company has a market capitalization of C$13.94 billion, a PE ratio of 88.87 and a beta of 1.94. The company has a debt-to-equity ratio of 2.48, a quick ratio of 20.86 and a current ratio of 1.36. Ivanhoe Mines has a fifty-two week low of C$12.15 and a fifty-two week high of C$21.32. The firm has a 50 day moving average price of C$15.43 and a 200 day moving average price of C$17.39.

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.