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

In trading today, Ivanhoe Mines Ltd shares closed at $16.17 after opening the day at $16.18. prices ranged from a low of $15.86 to a high of $16.53.

Share prices decreased -2.24% from the previous day's close of $16.54.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 3,072,357 shares was traded during the session, with total trades of 14,637, with an average volume of 2,120,161 over 5 days.

The TSX overall saw 741 price advancers against 4,512 declines and 69 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 boosted 21.03 percent, while this year, they have advanced 25.84%.

Following today's trading, Ivanhoe Mines Ltd has a market capitalization of $22.32 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.

Currently, Ivanhoe Mines Ltd has an average recommendation of "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..