BMO Capital Markets Raises Ivanhoe Mines Ltd to Outperform (IVN)
Ivanhoe Mines Ltd (NYSE: IVN) was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Thursday.
Other equities research analysts have also recently issued reports about the stock. Analysts at TD Securities upgraded shares of Ivanhoe Mines Ltd from a “reduce” rating to a “hold” rating in a research note to investors on Thursday, April 19th. Finally, analysts at CIBC upgraded shares of Ivanhoe Mines Ltd to a “sector perform” rating in a research note to investors on Monday, April 2nd.
Ivanhoe Mines Ltd traded down 4.34% on Thursday, hitting $9.25. Ivanhoe Mines Ltd has a 1-year low of $11.25 and a 1-year high of $27.50. The company’s market cap is $6.858 billion.
Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia.