Closing Bell: Ivanhoe Mines Ltd down on Monday (IVN)

In market activity today, Ivanhoe Mines Ltd shares closed at $18.42 after opening the day at $19.07. Intraday prices ranged from $18.39 to $19.23.

Share prices dipped -3.00% from the previous day's close of $18.99.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

Ivanhoe Mines Ltd traded under IVN on the Toronto Stock Exchange (TSX).

Trading volume was 2,191,546 on 9,006 total trades, while having an average volume of 1,897,775 over 5 days.

The TSX market on the whole today saw 3,734 price advancers against 1,480 declines and 101 unchanged.

During the prior 52 weeks, IVN.TO has traded as high as $21.32 (May 21,2024) and low as $9.89 (November 01,2023). Moreover, in the last 52 weeks, Ivanhoe Mines Ltd's shares have advanced 45.84 percent, while this year, they have boosted 43.35%.

Following today's trading, Ivanhoe Mines Ltd has a market capitalization of $24.11 billion on a float of 1,269,698 shares outstanding. Its annual EPS is $0.14.

Ivanhoe Mines Ltd is a TSX Industrial Metals Minerals company headquartered in Vancouver, CAN.

Currently, Ivanhoe Mines Ltd's consensus rating is "Strong Buy" based on 10 analysts according to Zacks. From those 10 analysts, 9 have buy ratings and 1 analysts gave hold ratings.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..