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

In market activity today, Ivanhoe Mines Ltd shares closed at $16.54 after opening the day at $18.00. prices ranged from a low of $16.35 to a high of $18.13.

Share prices eased -8.37% from the previous day's close of $18.05.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Ivanhoe Mines Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker IVN.

A total of 2,439,465 shares was traded during the session, with total trades of 11,424, while having an average volume of 1,684,694 in the last five days.

The TSX overall saw 907 price advancers against 4,327 declines and 72 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 20.64 percent in the last 12 months, while they have boosted 28.72% year-to-date.

Following today's trading, Ivanhoe Mines Ltd has a market capitalization of $24.36 billion on a float of 1,349,473 shares outstanding. Its annual EPS is $0.14.

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

Based on 10.00 analysts, Ivanhoe Mines Ltd gets an average recommendation of "Strong Buy" 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..