Ivanhoe Mines Ltd (TSE:IVN) Senior Officer Sells C$18,700.00 in Stock

Ivanhoe Mines Ltd (TSE:IVN) Senior Officer Mary Vincelli sold 5,000 shares of the business’s stock in a transaction dated Friday, June 19th. The stock was sold at an average price of C$3.74, for a total transaction of C$18,700.00. Following the transaction, the insider now owns 81,062 shares in the company, valued at C$303,171.88.

Mary Vincelli also recently made the following trade(s):

  • On Monday, June 22nd, Mary Vincelli sold 2,000 shares of Ivanhoe Mines stock. The stock was sold at an average price of C$3.81, for a total transaction of C$7,620.00.
  • On Wednesday, June 10th, Mary Vincelli sold 3,000 shares of Ivanhoe Mines stock. The stock was sold at an average price of C$3.75, for a total transaction of C$11,250.00.
  • On Monday, June 8th, Mary Vincelli sold 5,000 shares of Ivanhoe Mines stock. The stock was sold at an average price of C$3.69, for a total transaction of C$18,450.00.
  • On Thursday, June 4th, Mary Vincelli sold 5,000 shares of Ivanhoe Mines stock. The stock was sold at an average price of C$3.54, for a total transaction of C$17,700.00.
  • On Tuesday, June 2nd, Mary Vincelli sold 5,000 shares of Ivanhoe Mines stock. The stock was sold at an average price of C$3.50, for a total transaction of C$17,500.00.

TSE:IVN opened at C$3.82 on Friday. The company has a debt-to-equity ratio of 2.27, a current ratio of 23.67 and a quick ratio of 23.52. The firm has a market capitalization of $4.43 billion and a price-to-earnings ratio of 3,820.00. The company’s 50-day moving average is C$3.21 and its two-hundred day moving average is C$3.26. Ivanhoe Mines Ltd has a 1-year low of C$1.80 and a 1-year high of C$4.54.

Ivanhoe Mines (TSE:IVN) last posted its earnings results on Wednesday, May 13th. The company reported C($0.01) earnings per share for the quarter, meeting the consensus estimate of C($0.01). As a group, equities analysts anticipate that Ivanhoe Mines Ltd will post 0.7300001 earnings per share for the current fiscal year.

A number of equities analysts recently weighed in on the stock. TD Securities upgraded shares of Ivanhoe Mines from a “speculative buy” rating to a “buy” rating and boosted their price target for the stock from C$5.00 to C$6.50 in a research report on Friday, June 19th. Raymond James decreased their target price on shares of Ivanhoe Mines from C$6.00 to C$5.50 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Finally, CIBC decreased their target price on shares of Ivanhoe Mines from C$4.50 to C$2.80 in a report on Wednesday, April 1st.

Ivanhoe Mines Company Profile

Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located primarily in Africa. The company explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, germanium, and lead deposits. Its projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; the Kipushi project located on the DRC's Copperbelt; and the Kamoa-Kakula project located within the Central African Copperbelt, as well as explores Western Foreland project in the Democratic Republic of Congo.

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Insider Buying and Selling by Quarter for Ivanhoe Mines (TSE:IVN)

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