Ivanhoe Mines Ltd. (IVPAF)

OTCMKTS: IVPAF · Delayed Price · USD
13.92
+0.24 (1.75%)
May 3, 2024, 3:59 PM EDT - Market closed
Market Cap 17.67B
Revenue (ttm) n/a
Net Income (ttm) 166.74M
Shares Out 1.27B
EPS (ttm) 0.13
PE Ratio 108.24
Forward PE 41.98
Dividend n/a
Ex-Dividend Date n/a
Volume 231,553
Open 13.96
Previous Close 13.68
Day's Range 13.84 - 14.10
52-Week Range 7.13 - 15.10
Beta 2.01
Analysts Buy
Price Target 17.00 (+22.13%)
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 2 analysts, the average rating for IVPAF stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 22.13% from the latest price.

Price Target
$17.0
(22.13% upside)
Analyst Consensus: Buy

News

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...

4 days 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) ("...

4 days 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...

17 days 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...

17 days 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...

4 weeks 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...

2 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...

2 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 ...

3 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...

3 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...

3 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...

4 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...

4 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...

4 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 ...

5 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 ...

5 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...

5 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...

5 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...

6 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...

6 months ago - Newsfile Corp

Amazon's drone delivery is kind of a joke so far

Amazon operates drone delivery in Texas and California.  The drones are limited by the products they can carry.

6 months ago - Business Insider

Ivanhoe Mines Issues Third Quarter 2023 Financial Results, and Review of Construction and Exploration Activities

Kamoa-Kakula Copper Complex sold 96,509 tonnes of payable copper in Q3 2023, recognized quarterly revenue of $695 million and EBITDA of $423 million Ivanhoe Mines adjusted EBITDA of $152 million for Q...

6 months ago - Newsfile Corp

Ivanhoe Mines Announces Updated Greenhouse Gas Assessment Confirming Kamoa-Kakula Copper Complex as the World's Lowest Carbon-emitting Major Copper Mine

Kamoa-Kakula carbon emissions per unit of copper (Scope 1, 2 and 3) set to reduce by 46% following completion of 500,000 tonne-per-annum, on-site smelter from Q4 2024 State-of-the-art copper smelter e...

6 months ago - Newsfile Corp

Ivanhoe Mines to Issue Q3 2023 Financial Results and Host Conference Call for Investors on November 6, 2023

Toronto, Ontario--(Newsfile Corp. - October 25, 2023) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release its third quarter 2023 financial results before market open on Monday, November 6, 2023. Th...

6 months ago - Newsfile Corp

Ivanhoe Mines and Ivanhoe Electric Congratulate Robert Friedland for Receiving Mongolia's Order of the Polar Star, the Highest State Honor for a Foreign Citizen

Ceremony Held in Ulaanbaatar Celebrating Mr. Friedland's Valuable Contributions to Mongolia's Mining Industry ULAANBAATAR, MONGOLIA / ACCESSWIRE / October 16, 2023 / Ivanhoe Mines (TSX:IVN)(OTCQX:IVPA...

Other symbols: IE
7 months ago - Accesswire

Ivanhoe Mines and Ivanhoe Electric Congratulate Robert Friedland for Receiving Mongolia's Order of the Polar Star, the Highest State Honour for a Foreign Citizen

Ceremony held in Ulaanbaatar celebrating Mr. Friedland's valuable contributions to Mongolia's mining industry Ulaanbaatar, Mongolia--(Newsfile Corp. - October 16, 2023) - Ivanhoe Mines (TSX: IVN) (OTC...

7 months ago - Newsfile Corp