Ivanhoe Mines Ltd. (OTCMKTS:IVPAF – Get Free Report)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.35 and traded as high as $10.70. Ivanhoe Mines shares last traded at $9.95, with a volume of 22,171 shares changing hands.
Analyst Ratings Changes
Separately, Scotiabank restated an “outperform” rating on shares of Ivanhoe Mines in a report on Thursday.
Check Out Our Latest Analysis on IVPAF
Ivanhoe Mines Price Performance
Ivanhoe Mines (OTCMKTS:IVPAF – Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.03. The firm had revenue of $77.02 million for the quarter, compared to analyst estimates of $108.71 million.
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.
Further Reading
- Five stocks we like better than Ivanhoe Mines
- The Basics of Support and Resistance
- UnitedHealth Insiders Double Down: Is UNH Stock a Value Play?
- What is a Low P/E Ratio and What Does it Tell Investors?
- What Ray Dalio’s Latest Moves Tell Investors
- How to Read Stock Charts for Beginners
- Amazon: Why May Is the Last Month to Get the Stock at a Discount
Receive News & Ratings for Ivanhoe Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ivanhoe Mines and related companies with MarketBeat.com's FREE daily email newsletter.
