Royal Bank Of Canada reiterated their outperform rating on shares of Ivanhoe Mines Ltd (TSE:IVN) in a research note released on Monday morning, StockTargetPrices.com reports.
A number of other equities research analysts have also recently commented on IVN. Raymond James Financial Inc. increased their price objective on shares of Ivanhoe Mines from C$1.60 to C$2.25 in a research note on Monday, August 15th. BMO Capital Markets reissued an outperform rating on shares of Ivanhoe Mines in a research note on Tuesday, November 8th.
Shares of Ivanhoe Mines (TSE:IVN) opened at 2.46 on Monday. The firm’s 50 day moving average is $2.29 and its 200-day moving average is $1.64. Ivanhoe Mines has a 12 month low of $0.53 and a 12 month high of $2.54. The firm has a market capitalization of $1.92 billion and a PE ratio of 2.71.
About Ivanhoe Mines