FY2026 EPS Estimates for Ivanhoe Mines Cut by Scotiabank

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) – Scotiabank lowered their FY2026 earnings per share estimates for shares of Ivanhoe Mines in a research report issued on Thursday, May 14th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $0.05 for the year, down from their previous estimate of $0.12. Scotiabank currently has a “Sector Perform” rating on the stock. The consensus estimate for Ivanhoe Mines’ current full-year earnings is $0.25 per share. Scotiabank also issued estimates for Ivanhoe Mines’ FY2027 earnings at $0.23 EPS.

Ivanhoe Mines (OTCMKTS:IVPAF) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.05. Ivanhoe Mines had a return on equity of 5.20% and a net margin of 24.86%.The firm had revenue of $165.53 million during the quarter, compared to analyst estimates of $186.31 million.

A number of other analysts have also commented on the company. Royal Bank Of Canada lowered Ivanhoe Mines from a “moderate buy” rating to a “hold” rating in a research report on Monday, April 6th. Raymond James Financial lowered Ivanhoe Mines from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, April 1st. Finally, Canaccord Genuity Group lowered Ivanhoe Mines from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.20.

Ivanhoe Mines Stock Performance

IVPAF stock opened at $9.14 on Friday. The stock has a 50-day moving average price of $8.63 and a 200-day moving average price of $10.17. Ivanhoe Mines has a 1-year low of $6.50 and a 1-year high of $15.00. The company has a current ratio of 2.23, a quick ratio of 2.10 and a debt-to-equity ratio of 0.16. The firm has a market cap of $13.04 billion and a PE ratio of 101.57.

About Ivanhoe Mines

Ivanhoe Mines is a Canada-based mineral exploration and development company focused on unlocking high-value deposits of copper, nickel, zinc, and platinum-group metals. The company pursues a two-pronged strategy of advancing large-scale mining projects through feasibility and development stages while also expanding its exploration footprint. Ivanhoe’s technical expertise spans geology, engineering, environmental management, and community relations, enabling it to secure the necessary permits and infrastructure for major mine developments.

The company’s flagship asset is the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC), a joint venture with the government of the DRC and Zijin Mining.