IVN : Ivanhoe Mines Ltd. Stock Profile

Last Updated: 3/12/2024 0:47:16

Ivanhoe Mines Ltd. trades with the ticker IVN on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals located 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 Western Foreland exploration project covering an area of approximately 2,407 square kilometers located in the Democratic Republic of Congo. The company was formerly known as Ivanplats Limited and changed its name to Ivanhoe Mines Ltd. in August 2013. Ivanhoe Mines Ltd. was incorporated in 1993 and is based in Vancouver, Canada.
 

Looking to invest in Ivanhoe Mines Ltd.? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

IVN.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $18659.002MM

PE Ratio: 40.833

Price: 14.69 (Updated: 3/12/2024 0:47:16)



Ivanhoe Mines Ltd. (IVN) vs Competitors in Other Industrial Metals & Mining

Lets see how IVN.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Ivanhoe Mines Ltd. (IVN) vs Almonty Industries Inc (AII)
    • IVN has higher EPS (0.36 vs -0.04). AII has a P/E under 0, indicating IVN (P/E 40.833) is in a better position.
  • Ivanhoe Mines Ltd. (IVN) vs Altius Minerals Corporation (ALS)
    • ALS has higher EPS (0.38 vs 0.36). ALS provides dividends, while IVN does not. ALS has a higher P/E ratio (49.658 vs 40.833) indicating it’s more expensive.
  • Ivanhoe Mines Ltd. (IVN) vs Aquila Resources Inc (AQA)
    • IVN has higher EPS (0.36 vs -0.024). AQA provides dividends, while IVN does not. AQA has a P/E under 0, indicating IVN (P/E 40.833) is in a better position.
  • Ivanhoe Mines Ltd. (IVN) vs Ascendant Resources Inc (ASND)
    • IVN has higher EPS (0.36 vs 0.08). IVN has a higher P/E ratio (40.833 vs 0.75) indicating it’s more expensive.
  • Ivanhoe Mines Ltd. (IVN) vs Auryn Resources Inc (AUG)
    • IVN has higher EPS (0.36 vs -0.185). AUG provides dividends, while IVN does not. AUG has a P/E under 0, indicating IVN (P/E 40.833) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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