Closing Bell: Ivanhoe Mines Ltd up on Wednesday (IVN)

Today during trading, shares of Ivanhoe Mines Ltd opened at $18.66 and closed at $18.05. prices ranged from a low of $17.50 to a high of $18.66.

Shares advanced 2.79% from the previous day's close of $17.56.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 2,344,843 on 9,346 total trades, with an average volume of 1,885,342 in the last five days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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, the shares have boosted 31.56 percent in the last 52 weeks, while in 2024, they have boosted 40.47%.

Following today's trading, Ivanhoe Mines Ltd has a market capitalization of $22.30 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. Currently, there are 9 buy ratings and 1 hold ratings for the stock.

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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..