Brokers Offer Predictions for Ivanhoe Mines FY2027 Earnings

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) – Research analysts at Scotiabank upped their FY2027 earnings estimates for shares of Ivanhoe Mines in a research report issued on Wednesday, July 15th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $0.41 per share for the year, up from their prior estimate of $0.39. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $0.32 per share.

Ivanhoe Mines (OTCMKTS:IVPAF) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.05. Ivanhoe Mines had a net margin of 24.86% and a return on equity of 5.14%. The company had revenue of $165.53 million during the quarter, compared to analysts’ expectations of $186.31 million.

Other analysts also recently issued reports about the company. Morgan Stanley upgraded Ivanhoe Mines from a “negative” rating to an “overweight” rating in a report on Wednesday, July 8th. Jefferies Financial Group restated a “hold” rating on shares of Ivanhoe Mines in a research report on Monday, July 6th. Raymond James Financial cut Ivanhoe Mines from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, April 1st. Finally, Royal Bank Of Canada downgraded Ivanhoe Mines from a “moderate buy” rating to a “hold” rating in a report on Monday, April 6th. Three research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $15.20.

Ivanhoe Mines Price Performance

IVPAF stock opened at $7.11 on Friday. The firm has a market cap of $10.14 billion, a price-to-earnings ratio of 79.01 and a beta of 0.90. The company has a quick ratio of 2.16, a current ratio of 2.33 and a debt-to-equity ratio of 0.17. Ivanhoe Mines has a 12-month low of $6.89 and a 12-month high of $15.00. The company’s fifty day simple moving average is $8.18 and its 200 day simple moving average is $9.59.

Ivanhoe Mines Company Profile

Ivanhoe Mines is a Canada-based mineral exploration and development company focused on unlocking high-value deposits of copper, nickel, zinc, and platinum-group metals. The company pursues a two-pronged strategy of advancing large-scale mining projects through feasibility and development stages while also expanding its exploration footprint. Ivanhoe’s technical expertise spans geology, engineering, environmental management, and community relations, enabling it to secure the necessary permits and infrastructure for major mine developments.

The company’s flagship asset is the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC), a joint venture with the government of the DRC and Zijin Mining.