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

In market activity today, Ivanhoe Mines Ltd opened at $15.70 and closed at $14.80. prices ranged from $14.76 to $15.86.

The price dipped -4.21 percent from the previous day's close of $15.45.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 2,538,675 on 10,598 total trades, while having an average volume of 2,950,440 in the last five days.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 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 12.21 percent, while they have advanced 15.18% since the start of 2024.

Following today's trading, Ivanhoe Mines Ltd has a market capitalization of $20.85 billion on a float of 1,349,473 shares outstanding. Its annual EPS is $0.12.

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

Ivanhoe Mines Ltd's average recommendation is "Strong Buy" based on 10.00 analysts according to Zacks. From those 10 analysts, 9 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
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..