Ivanhoe Mines Ltd. (IVPAF)

OTCMKTS: IVPAF · Delayed Price · USD
12.97
+0.17 (1.33%)
Jul 2, 2024, 3:59 PM EDT - Market closed
Market Cap 16.47B
Revenue (ttm) n/a
Net Income (ttm) 166.74M
Shares Out 1.27B
EPS (ttm) 0.13
PE Ratio 100.86
Forward PE 27.09
Dividend n/a
Ex-Dividend Date n/a
Volume 18,205
Open 13.00
Previous Close 12.80
Day's Range n/a
52-Week Range 7.13 - 15.60
Beta 1.99
Analysts Buy
Price Target 19.00 (+46.49%)
Earnings Date n/a

About IVPAF

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. It also holds a 100% interest in the ... [Read more]

Sector Materials
Founded 1993
Employees 989
Stock Exchange OTCMKTS
Ticker Symbol IVPAF
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

Analyst Forecast

According to one analyst, the rating for IVPAF stock is "Buy" and the 12-month stock price forecast is $19.0.

Price Target
$19.0
(46.49% upside)
Analyst Consensus: Buy

News

Ivanhoe Mines Completes Construction of Kipushi Concentrator Ahead of Schedule

First ore to Kipushi concentrator achieved on May 31; first concentrate produced on June 14 Kipushi sets 2024 production guidance at between 100,000 and 140,000 tonnes of zinc in concentrate Kipushi z...

16 hours ago - Newsfile Corp

Ivanhoe Mines Announces Results of Voting for the Election of Directors

Vancouver, British Columbia--(Newsfile Corp. - June 20, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced the results of voting by shareholders for the election of the Board of Directors durin...

12 days ago - Newsfile Corp

Ivanhoe Mines Reports First Concentrate from Kamoa-Kakula's Phase 3 Concentrator on June 10, Several Months Ahead of Schedule

Production from Kamoa-Kakula's Phase 1 and 2 concentrators achieved a near-record 35,474 tonnes of copper in May, benefitting from additional imported power New York, New York--(Newsfile Corp. - June ...

21 days ago - Newsfile Corp

The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead.

Societe Generale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.

Other symbols: AAALTMFCXLACNXETECKWPM
5 weeks ago - Barrons

Ivanhoe Mines Completes Construction of Kamoa-Kakula's Phase 3 Concentrator Ahead of Schedule and on Budget

First ore to Phase 3 concentrator achieved on May 26; first Phase 3 concentrate expected in early June Phase 3 concentrator increases Kamoa-Kakula copper production capacity to more than 600,000 tonne...

5 weeks ago - Newsfile Corp

Ivanhoe Mines Founder and Executive Co-Chairman, Robert Friedland, to address Bloomberg's Qatar Economic Forum on May 16, 2024

Ivanhoe Mines President, Marna Cloete, to present at the BofA Securities Global Metals, Mining & Steel Conference on May 14, 2024 Toronto, Ontario--(Newsfile Corp. - May 13, 2024) - Ivanhoe Mines (TSX...

7 weeks ago - Newsfile Corp

Ivanhoe Mines Issues 2024 First Quarter Financial Results, and Overview of Construction and Exploration Activities

Kamoa-Kakula sold 85,155 tonnes of payable copper during the quarter and recognized revenue of $618 million, as well as EBITDA of $365 million Ivanhoe Mines recorded Q1 2024 loss of $69 million, prima...

2 months ago - Newsfile Corp

Ivanhoe Mines Announces Redemption of $575 Million 2.50% Convertible Senior Notes Due 2026

Ivanhoe will reduce debt to below $150 million following redemption of the convertible notes Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) ("...

2 months ago - Newsfile Corp

Ivanhoe Mines Publishes 7th Annual Sustainability Report

The 2023 Sustainability Report underscores Ivanhoe's commitment to "Mining with a greater purpose" and its pursuit to be a global leader in responsible mining Johannesburg, South Africa--(Newsfile Cor...

2 months ago - Newsfile Corp

Ivanhoe Mines to issue Q1 2024 financial results and host conference call for investors on April 30, 2024

Ivanhoe Mines to publish its 2023 Sustainability Report on April 17, 2024 Toronto, Ontario--(Newsfile Corp. - April 16, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release its first quarter 2...

2 months ago - Newsfile Corp

Ivanhoe Mines Reports Q1 2024 Production Results for the Kamoa-Kakula Copper Complex

Kamoa-Kakula produced 86,203 tonnes of copper in concentrate in Q1 2024 2024 production guidance for Kamoa-Kakula maintained at 440,000 to 490,000 tonnes of copper in concentrate, with early commissio...

3 months ago - Newsfile Corp

Ivanhoe Mines Issues 2023 Fourth Quarter and Annual Financial Results, Overview of Construction and Exploration Activities

Ivanhoe Mines recognized profit of $303 million, record normalized profit of $388 million and record adjusted EBITDA of $604 million in 2023 Kamoa-Kakula recognized record annual revenue of $2.70 bill...

4 months ago - Newsfile Corp

Ivanhoe Mines to Issue Q4 and Full Year 2023 Financial Results and Host Conference Call for Investors on February 26, 2024

Toronto, Ontario--(Newsfile Corp. - February 16, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release its fourth quarter and full year 2023 financial results before market open on Monday, Febr...

4 months ago - Newsfile Corp

Ivanhoe Mines' Kamoa-Kakula Signs Term Sheet to Export Copper Along Lobito Atlantic Railway Corridor

Term sheet allocates Kamoa-Kakula up to 240,000 tonnes of annual capacity for export of copper products along the Lobito Corridor from 2025 ■ Lobito Corridor passes through Ivanhoe's Western Foreland ...

5 months ago - Newsfile Corp

Ivanhoe Mines Congratulates His Excellency Félix Tshisekedi on His Re-Election and Inauguration as the President of the Democratic Republic of the Congo

Kinshasa, Democratic Republic of Congo--(Newsfile Corp. - January 22, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Founder and Executive Co-Chairman Robert Friedland and President Marna Cloete, tod...

5 months ago - Newsfile Corp

Ivanhoe Mines and Gécamines Sign New Joint Venture to Restart the Ultra-High-Grade Kipushi Mine, a Century Since First Opening

Construction of new concentrator and underground development well ahead of schedule for first production in Q2 2024 Kipushi expected to produce more than 250,000 tonnes of zinc annually over first fiv...

6 months ago - Newsfile Corp

Ivanhoe Mines Provides 2023 Production Results and 2024 Production Guidance for the Kamoa-Kakula Copper Complex

Kamoa-Kakula produced 393,551 tonnes of copper in concentrate in 2023, within guidance Year-over-year copper production increased by 18% Kamoa-Kakula sets 2024 production guidance at between 440,000 a...

6 months ago - Newsfile Corp

Ivanhoe Mines' Exports Commence from Kamoa-Kakula Copper Complex Along Lobito Atlantic Rail Corridor

First 1,100-tonne concentrate shipment of 10,000-tonne trial arrives at the Angolan port of Lobito by rail Shipment is the first export of copper under new concession from the Democratic Republic of C...

6 months ago - Newsfile Corp

Ivanhoe Mines Closes C$575 Million Private Placement

Toronto, Ontario--(Newsfile Corp. - December 18, 2023) - Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) ("Ivanhoe Mines" or the "Company") announces that it has closed its previously announced private p...

7 months ago - Newsfile Corp

Ivanhoe Mines Announces C$500 Million Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Ivanhoe Mines Ltd. (TSX: IVN; OTCQX: IVPAF) (“Ivanhoe Mines” or the “Company”) is pleased to announce that it ...

7 months ago - GlobeNewsWire

Ivanhoe Mines to Quadruple 2024 Exploration Budget

Exploration focused on the Western Foreland, following the high-grade Kitoko copper discovery Kitoko's newly discovered copper horizon on the Kibaran Basement significantly increases prospectivity of ...

7 months ago - Newsfile Corp

Ivanhoe Mines Announces the KITOKO Sedimentary Copper Discovery in Western Foreland, Democratic Republic of Congo

Kitoko discovery includes drill hole DD008 intersecting 5.19 metres true width, grading 11.64% copper, at a 1% copper cut-off ■ Kitoko is Ivanhoe's fifth high-grade sedimentary copper discovery in the...

7 months ago - Newsfile Corp

Ivanhoe Mines to Commence Exploration Activities in Angola

22,195 square kilometres of prospecting rights granted in Moxico and Cuando Cubango provinces Licence package equivalent to half the size of Switzerland Project mobilization to commence in Q1 2024 Uni...

7 months ago - Newsfile Corp

Ivanhoe Mines Reports Mineral Resources for Makoko and Kiala Discoveries in the Western Foreland

Makoko contains Indicated Mineral Resource of 16 million tonnes at 3.55% copper plus Inferred Mineral Resource of 154 million tonnes at 1.97% copper using a 1.5% copper cut-off Kiala contains Indicate...

8 months ago - Newsfile Corp

Ivanhoe Mines Responds to Media Reports on Trucking Strike in the Democratic Republic of Congo

Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - November 10, 2023) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is responding today to media reports pertaining to the status of trucking shipment...

8 months ago - Newsfile Corp