Ivanhoe Mines (IVPAF) Receives a Rating Update from a Top Analyst
Canaccord Genuity analyst Dalton Baretto maintained a Buy rating on Ivanhoe Mines today and set a price target of C$17.50.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Baretto covers the Basic Materials sector, focusing on stocks such as Ivanhoe Mines, First Quantum Minerals, and Coeur Mining. According to TipRanks, Baretto has an average return of 28.3% and a 58.33% success rate on recommended stocks.
In a report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a C$18.00 price target.
IVPAF market cap is currently C$20.41B and has a P/E ratio of 48.92.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IVPAF in relation to earlier this year.
Read More on IVPAF:
Disclaimer & DisclosureReport an Issue
- Ivanhoe Mines Sets Ambitious Copper Production Targets for 2026 and 2027
- Ivanhoe Mines Launches Africa’s Largest Copper Smelter
- Ivanhoe Mines Announces Key Leadership Changes to Drive Future Growth
- Ivanhoe Mines: Buy Rating Affirmed Amidst Positive Growth Indicators and Undervaluation
- Ivanhoe Mines Completes Hydropower Ramp-Up at Inga II
