Scotiabank Forecasts Ivanhoe Mines FY2026 Earnings

Ivanhoe Mines Ltd. (TSE:IVN) – Stock analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for shares of Ivanhoe Mines in a research note issued on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw anticipates that the company will post earnings per share of $0.77 for the year. 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.

Other equities analysts have also recently issued research reports about the stock. Raymond James dropped 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 report on Thursday. TD Securities cut their target price on Ivanhoe Mines from C$25.00 to C$24.00 and set a “buy” rating on the stock in a research report on Thursday. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Ivanhoe Mines presently has a consensus rating of “Buy” and a consensus target price of C$24.00.

Ivanhoe Mines Stock Up 1.6 %

Ivanhoe Mines stock opened at C$17.19 on Friday. The firm has a market capitalization of C$23.21 billion, a price-to-earnings ratio of 107.44 and a beta of 1.94. The firm’s fifty day moving average price is C$18.26 and its two-hundred day moving average price is C$18.18. Ivanhoe Mines has a 1-year low of C$12.94 and a 1-year high of C$21.32. The company has a current ratio of 1.17, a quick ratio of 20.86 and a debt-to-equity ratio of 4.24.

Insider Activity at Ivanhoe Mines

In other Ivanhoe Mines news, Director Jinghe Chen sold 60,288 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$19.00, for a total value of C$1,145,472.00. Also, Director Martie Cloete sold 2,800 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$18.56, for a total value of C$51,968.00. In the last three months, insiders have sold 68,088 shares of company stock worth $1,292,379. 44.96% of the stock is owned by company insiders.

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.