Ivanhoe Mines stock
IVN.TOTSXIvanhoe Mines Ltd., Basic MaterialsISIN CA46579R1047
36Score 36 out of 100, Weak
Price and trend
29 / 100
Price history
−40% in one yearThe chart shows daily closes over 14 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 34% below it.
Since April 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 31).
The price is 58% below its 52-week high. Largest decline in 14 years: 90% (January 2013 to January 2016).
Chart figures for advanced users
- SMA 50$7.58
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$8.39
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)31
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$5.54
- The lowest closing price of the last twelve months.
- Resistance$13.20
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Ivanhoe Mines Ltd. belongs to the Industrial Materials industry (Canada) and, with a market value of $7.9B, is number 16 of 43 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $449.35M (up 1,000.9% year on year) and earnings of $266.13M (up 16.7%).
- MEQIRI Score 36 out of 100 (Weak): rank 412 of 461 in Basic Materials, median 57.
Show more
- The P/E is 51.2 (Industrial Materials median 13.2, own median of recent years 56.8).
- Our model puts fair value at $1.42, with the price 289% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Analysts expect strong earnings growthUp 65.3% a year through 2028 (estimates from 10 analysts).Growth 50
- High marginNet margin 21.5% over the last 12 months, Industrial Materials median 7.4%.
Weaknesses
- Above fair valuePrice 289% above the fair value of $1.42.Valuation 22
- DilutionShare count up 38% since 2020.Capital allocation 19
- Negative free cash flowFree cash flow −$495.14M over the last 12 months.Fundamentals 33
The score is held back by capital allocation and momentum.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $1.02 and expensive above $2.37 (uncertainty high, based on the price swings of the past year).
Valuation metrics
From earnings times the industry P/E (13.2) alone; there are no viable cash flows for the cash-flow model.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the quarter to 30 Sep 2026, revenue rose 108% on the same quarter a year earlier. Revenue has grown strongly since 2024, at around 1001% per year. From 2024 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross −8%, operating −9%, net 59%. Last 12 months: net 22%. From 2024 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Debt & balance sheet
latest quarterLow debt, and interest is adequately covered.
Earnings
- Next earnings
- 9 Mar 2027in 116 days
- Last reported
- 3 Nov 2026EPS reported 0.06 (expected 0.1)below expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 15.4% since 27 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- 0.13−14.1%
- Revenue
- $826.21M+0.6%
- Earnings per share
- 0.35−15.4%
- Revenue
- $1.09B−0.7%
MEQIRI has stored the estimates since 27 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Ivanhoe Mines
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
461 rated companies in Basic Materials
- This company
- 36
- Sector median
- 57
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Industrial Materials
The next larger and next smaller companies by market value
- Western Mining601168.SS $9.87B68
- Zhejiang Huayou Cobalt603799.SS $8.95B52
- Xiamen Tungsten600549.SS $8.77B57
- Jinduicheng Molybdenum601958.SS $8.12B71
- MP MaterialsMP $6.68B31
- Yunnan Tin000960.SZ $5.74B56
- Yunnan Chihong Zinc & Germanium600497.SS $5.6B57
- Baiyin Nonferrous Group601212.SS $5.34B39
ETFs that hold Ivanhoe Mines
Held by 49 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Global X Copper Miners UCITS ETF4COP | 2.50% | 0.55% | €917.81M |
| VanEck S&P Global Mining UCITS ETF A USDWMIN | 0.24% | 0.50% | €1.97B |
| Xtrackers MSCI Canada Screened UCITS ETF 1CD5BH | 0.18% | 0.35% | €1.2B |
Show 5 more
| UBS MSCI Canada UCITS ETF CAD disUIM9 | 0.16% | 0.33% | €2.07B |
| Xtrackers MSCI World Materials UCITS ETF 1CXDWM | 0.16% | 0.25% | €720.77M |
| iShares MSCI Canada UCITS ETFSXR2 | 0.15% | 0.48% | €2.17B |
| iShares MSCI World Mid-Cap Equal Weight UCITS ETF USDIS3T | 0.09% | 0.30% | €411.06M |
| Amundi MSCI World Climate Paris Aligned UCITS ETF AccPABW | 0.06% | 0.20% | €1.33B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 6 Mar 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.