FY2026 EPS Estimates for Ivanhoe Mines Cut by Scotiabank

Ivanhoe Mines Ltd. (TSE:IVN) – Investment analysts at Scotiabank reduced their FY2026 earnings per share estimates for shares of Ivanhoe Mines in a note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $0.60 per share for the year, down from their prior estimate of $0.77. Scotiabank has a “Outperform” rating and a $20.00 price objective on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $1.01 per share.

A number of other equities analysts have also weighed in on IVN. Citigroup reduced 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 lowered their price target 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 cut their price objective on shares of Ivanhoe Mines from C$25.00 to C$24.00 and set a “buy” rating for the company in a report on Thursday, January 9th. Finally, UBS Group lowered their target price on shares of Ivanhoe Mines from C$21.00 to C$19.00 in a research note on Friday, February 21st. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of C$23.18.

Ivanhoe Mines Stock Down 3.4 %

IVN stock opened at C$14.70 on Friday. Ivanhoe Mines has a 12 month low of C$12.15 and a 12 month high of C$21.32. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.36 and a quick ratio of 20.86. The company has a market capitalization of C$13.94 billion, a P/E ratio of 88.87 and a beta of 1.94. The firm’s fifty day simple moving average is C$15.43 and its 200-day simple moving average is C$17.39.

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.