FY2026 EPS Forecast for Ivanhoe Mines Decreased by Analyst

Ivanhoe Mines Ltd. (TSE:IVN) – Investment analysts at Scotiabank decreased their FY2026 earnings estimates for Ivanhoe Mines in a research note issued to investors on Friday, April 10th. Scotiabank analyst O. Wowkodaw now forecasts that the company will earn $0.17 per share for the year, down from their previous forecast of $0.36. Scotiabank has a “Hold” rating and a $14.50 price objective on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $1.01 per share. Scotiabank also issued estimates for Ivanhoe Mines’ FY2027 earnings at $0.40 EPS.

Ivanhoe Mines (TSE:IVN) last released its quarterly earnings data on Wednesday, February 18th. The company reported C$0.06 earnings per share (EPS) for the quarter. Ivanhoe Mines had a net margin of 59.26% and a return on equity of 4.76%. The company had revenue of C$183.99 million during the quarter.

A number of other equities research analysts have also recently commented on the stock. Royal Bank Of Canada cut shares of Ivanhoe Mines from a “moderate buy” rating to a “hold” rating in a report on Monday, April 6th. Raymond James Financial cut shares of Ivanhoe Mines from a “moderate buy” rating to a “hold” rating and reduced their target price for the company from C$23.00 to C$17.00 in a report on Wednesday, April 1st. BMO Capital Markets reduced their target price on shares of Ivanhoe Mines from C$23.00 to C$16.00 in a report on Wednesday, April 1st. TD Securities reduced their target price on shares of Ivanhoe Mines from C$19.00 to C$13.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, Citigroup reduced their target price on shares of Ivanhoe Mines from C$18.00 to C$13.00 and set a “buy” rating for the company in a report on Thursday, April 9th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ivanhoe Mines currently has a consensus rating of “Hold” and an average target price of C$14.60.

Ivanhoe Mines Price Performance

Shares of TSE:IVN opened at C$12.69 on Tuesday. The company has a 50-day simple moving average of C$13.59 and a 200-day simple moving average of C$14.47. Ivanhoe Mines has a one year low of C$8.76 and a one year high of C$20.34. The company has a debt-to-equity ratio of 21.62, a quick ratio of 20.86 and a current ratio of 2.23. The stock has a market capitalization of C$18.10 billion, a price-to-earnings ratio of 66.79 and a beta of 1.74.

About Ivanhoe Mines

Ivanhoe Mines Ltd is a mineral exploration and development company. The company, together with its subsidiaries, explores, develops, and recovers minerals and precious gems from its property interests located in Africa. The group explores platinum, nickel, copper, gold, silver, cobalt, iron, vanadium, and chrome. It operates in four segments: Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company’s treasury offices.