FY2026 EPS Estimates for Ivanhoe Mines Lowered by Scotiabank

Ivanhoe Mines Ltd. (TSE:IVN) – Equities researchers at Scotiabank cut their FY2026 EPS estimates for shares of Ivanhoe Mines in a research note issued to investors 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 prior forecast of $0.77. 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.

A number of other research analysts also recently commented on the company. Citigroup lowered their price objective on Ivanhoe Mines from C$24.00 to C$20.00 and set a “buy” rating for the company in a research note on Tuesday, February 25th. Raymond James dropped their price objective on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a report on Thursday, January 9th. TD Securities reduced their target price on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set a “buy” rating for the company in a research note on Thursday, January 9th. Finally, UBS Group decreased their target price on shares of Ivanhoe Mines from C$21.00 to C$19.00 in a research report on Friday, February 21st. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, Ivanhoe Mines presently has a consensus rating of “Buy” and a consensus price target of C$23.18.

Ivanhoe Mines Stock Up 1.5 %

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

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.