Brokers Offer Predictions for Ivanhoe Mines FY2026 Earnings

Ivanhoe Mines Ltd. (TSE:IVN) – Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Ivanhoe Mines in a report released on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $0.60 per share for the year, down from their previous forecast 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.

A number of other brokerages also recently commented on IVN. Citigroup reduced their price objective on shares of Ivanhoe Mines from C$24.00 to C$20.00 and set a “buy” rating for the company in a research report on Tuesday, February 25th. 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. UBS Group cut their price objective on Ivanhoe Mines from C$21.00 to C$19.00 in a research report on Friday, February 21st. Finally, Raymond James decreased their target price 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, January 9th. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$23.18.

Ivanhoe Mines Stock Up 1.5 %

Shares of TSE:IVN opened at C$15.21 on Friday. Ivanhoe Mines has a fifty-two week low of C$12.15 and a fifty-two week high of C$21.32. The company has a quick ratio of 20.86, a current ratio of 1.36 and a debt-to-equity ratio of 2.48. The firm’s 50-day simple moving average is C$15.48 and its 200-day simple moving average is C$17.42. The company has a market cap of C$14.42 billion, a price-to-earnings ratio of 91.96 and a beta of 1.94.

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.