Ivanhoe Mines Ltd.IVN.TO

$11.64+0.08 (+0.69%)
TSXBasic Materials24:00 UTC

Company snapshot

Market Cap
$17B
Large-cap
+2292%
2016 — today
10-Year Price
+1202%
2016 — today
52-Week Range
$10.08$18.81
Current $11.64· 18%

Ivanhoe Mines Ltd., a company founded in 1993 and based in Vancouver, Canada, primarily focuses on the discovery, advancement, and extraction of diverse minerals and precious metals, predominantly within Africa. The firm targets deposits rich in substances such as platinum, palladium, nickel, copper, gold, rhodium, zinc, silver, germanium, and lead. Its significant operational sites include the Platreef project situated in South Africa's Bushveld Complex, the Kipushi project located in the Haut-Katanga Province of the Democratic Republic of Congo, and the Kamoa-Kakula project within the Central African Copperbelt. Furthermore, Ivanhoe Mines possesses full ownership of the Western Foreland exploration project, an area spanning approximately 2,407 square kilometers in the Democratic Republic of Congo. The company has also established a strategic alliance with China Nonferrous Metal Mining (Group) Co., Ltd. to jointly pursue opportunities in mineral project exploration, development, acquisition, production, smelting, and logistics throughout the African continent. The company adopted its current name, Ivanhoe Mines Ltd., in August 2013, having previously operated as Ivanplats Limited.

Valuation in context

P/E ratio
125.3
Historically pricey
Historically pricey — last 10 years
P/B ratio
2.9
Below average
Below the 10-year average
EV / EBITDA
88.7
Above average
Pricier than usual over the last 10 years
PEG ratio
2.4
Below average
Below the 10-year average
FCF Yield
-3.0%
Below average
Below the 10-year average
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