FY2026 EPS Estimates for Ivanhoe Mines Cut by Analyst

Ivanhoe Mines Ltd. (TSE:IVN) – Investment analysts at Scotiabank cut their FY2026 earnings per share estimates for Ivanhoe Mines in a research note issued on Friday, April 10th. Scotiabank analyst O. Wowkodaw now anticipates that the company will earn $0.17 per share for the year, down from their previous estimate of $0.36. Scotiabank has a “Hold” rating and a $14.50 price target on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $1.01 per share. Scotiabank also issued estimates for Ivanhoe Mines’ FY2027 earnings at $0.40 EPS.

Ivanhoe Mines (TSE:IVN) last released its earnings results on Wednesday, February 18th. The company reported C$0.06 EPS for the quarter. The firm had revenue of C$183.99 million during the quarter. Ivanhoe Mines had a return on equity of 4.76% and a net margin of 59.26%.

Several other equities analysts have also commented on the company. Stifel Nicolaus dropped their target price on Ivanhoe Mines from C$22.00 to C$15.00 in a research note on Wednesday, April 1st. TD Securities dropped their target price on Ivanhoe Mines from C$19.00 to C$13.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Canaccord Genuity Group dropped their target price on Ivanhoe Mines from C$15.00 to C$11.50 and set a “hold” rating for the company in a research note on Monday, April 6th. BMO Capital Markets dropped their target price on Ivanhoe Mines from C$23.00 to C$16.00 in a research note on Wednesday, April 1st. Finally, Raymond James Financial lowered Ivanhoe Mines from a “moderate buy” rating to a “hold” rating and dropped their price target for the stock from C$23.00 to C$17.00 in a research note on Wednesday, April 1st. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of C$14.60.

Ivanhoe Mines Stock Performance

Ivanhoe Mines stock opened at C$12.00 on Tuesday. The firm has a market capitalization of C$17.11 billion, a P/E ratio of 63.16 and a beta of 1.74. The stock has a fifty day moving average price of C$13.71 and a 200 day moving average price of C$14.48. Ivanhoe Mines has a 52 week low of C$8.76 and a 52 week high of C$20.34. The company has a current ratio of 2.23, a quick ratio of 20.86 and a debt-to-equity ratio of 21.62.

About Ivanhoe Mines

Ivanhoe Mines Ltd is a mineral exploration and development company. The company, together with its subsidiaries, explores, develops, and recovers minerals and precious gems from its property interests located in Africa. The group explores platinum, nickel, copper, gold, silver, cobalt, iron, vanadium, and chrome. It operates in four segments: Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company’s treasury offices.