12:04:22 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Ivanhoe Mines Ltd
Symbol IVN
Shares Issued 1,220,563,700
Close 2023-09-14 C$ 12.09
Market Cap C$ 14,756,615,133
Recent Sedar Documents

Globe says Ivanhoe is Singh's "top base metals pick"

2023-09-14 08:43 ET - In the News

The Globe and Mail reports in its Thursday, Sept. 14, edition that Eight Capital analyst Puneet Singh has reaffirmed his "buy" recommendation for Ivanhoe Mines. The Globe's David Leeder writes in the Eye On Equities column that Mr. Singh boosted his share target to a Street-high of $19 from $18.50. Analysts on average target the shares at $15.86. The Globe says Mr. Singh adjusted his share target after a visit to Ivanhoe Mines' three Tier-1 assets.$15.86. Mr. Singh says in a note: "Ivanhoe Mines is our top base metals pick due to its growth profile compared to its larger-cap peers. The Chinese have long backed the DRC/IVN, but the Saudis and Americans are also showing interest in strategic metals in the country, which could prove beneficial for Ivanhoe." The Globe reported on March 15 that Scotia Capital analyst Orest Wowkodaw continued to rate the shares "sector outperform." The shares could then be had for $10.66. The Globe reported on May 17 that Mr. Singh rated Ivanhoe Mines "buy" in new coverage. The shares could then be had for $11.38. The Globe reported on July 8 that RBC analyst Sam Crittenden rated Ivanhoe Mines "outperform." The shares could then be had for $12.33.

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