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Ivanhoe Mines Ltd.

$9.23 -$2.46 (-21.03%)
OTC · 11 Sep 2026 20:00 UTC
Previous Close
$9.23
Day Range
$9.12$9.47
Year Range
$6.75$15
Market Cap
13.17B
AVG Volume
434.69K
Trailing/Forward PE
94.92/23.25
PEG ratio
0.55
Dividend Yield
-
Next Earnings Date
2026-11-04
Primary Exchange
Other OTCUS
Revenue (USD)
0200M400M600M2016201720182019202020212022202320242025
IVPAF Revenue (USD) by year
PeriodRevenue (USD)
2025442.31M
202440.82M
20230
20220
20210
20200
20190
20180
20170
20168.23M
Net Income (USD)
-200M0200M400M600M2016201720182019202020212022202320242025
IVPAF Net Income (USD) by year
PeriodNet Income (USD)
2025262.03M
2024228.13M
2023318.93M
2022410.86M
202155.24M
2020-19.88M
201919.22M
201826.1M
2017170.22M
2016-32.16M
Operating Income (USD)
-200M-100M0100M200M2016201720182019202020212022202320242025
IVPAF Operating Income (USD) by year
PeriodOperating Income (USD)
202580.75M
2024148.51M
2023179.07M
2022161.34M
2021-4.9M
2020-110.78M
2019-38.41M
2018-44.57M
2017-69.53M
2016-57.24M
EBITDA (USD)
-100M0100M200M300M400M2016201720182019202020212022202320242025
IVPAF EBITDA (USD) by year
PeriodEBITDA (USD)
2025295.81M
2024118.49M
2023126.46M
2022308.48M
2021-18.23M
2020-28.04M
20198.82M
201824.36M
2017240.5M
2016-39.11M
Cash Flows (USD)
-800M-600M-400M-200M0200M2016201720182019202020212022202320242025
IVPAF Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-493.28M
2024-662.93M
2023-530.41M
202218.43M
2021-59.69M
2020-102.46M
2019-129.58M
2018-143.6M
2017-101.29M
2016-74.5M
EPS (USD)
-0.100.10.20.30.42016201720182019202020212022202320242025
IVPAF EPS (USD) by year
PeriodEPS (USD)
20250.19
20240.17
20230.25
20220.34
20210.04
2020-0.02
20190.02
20180.02
20170.19
2016-0.04
Expenses (USD)
0200M400M600M800MSG&ACapex2016201720182019202020212022202320242025
IVPAF Expenses (USD) by year
PeriodExpenses (USD)
2025366.97M
2024624.93M
2023538.09M
2022213.99M
2021100.8M
202077.96M
2019149.43M
2018158.49M
201783.85M
201661.43M
Cash & Debt (USD)
0500M1B1.5BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
IVPAF Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025883.64M
2024102.08M
2023571.36M
2022583.85M
2021608.18M
2020263.12M
2019703.95M
2018575.97M
2017189.98M
2016287.75M
Debt ratios
-5051020182019202020212022202320242025
IVPAF Debt ratios by year
PeriodDebt ratios
20250.46
20240.5
20230.19
2022-0.23
20218.98
2020-0.86
2019-2.78
2018-0.59
Margins
-300%-200%-100%0%201620242025
IVPAF Margins by year
PeriodMargins
2025-3.16%
2024-47.16%
2016-293.85%
Return on Capital
-5%0%5%10%15%2016201720182019202020212022202320242025
IVPAF Return on Capital by year
PeriodReturn on Capital
20254.59%
20244.72%
20238.95%
202214.46%
20212.32%
2020-0.85%
20190.81%
20181.43%
201714.05%
2016-3.36%
Shares Outstanding
0500M1B1.5B2016201720182019202020212022202320242025
IVPAF Shares Outstanding by year
PeriodShares Outstanding
20251.42B
20241.35B
20231.25B
20221.22B
20211.21B
20201.2B
20191.2B
20181.01B
2017790.39M
2016779.59M
Book Value Per Share (USD)
02462016201720182019202020212022202320242025
IVPAF Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20254.01
20243.58
20232.86
20222.34
20211.97
20201.94
20191.98
20181.79
20171.53
20161.23
Total Assets (USD)
02B4B6B8B2016201720182019202020212022202320242025
IVPAF Total Assets (USD) by year
PeriodTotal Assets (USD)
20257.61B
20245.74B
20234.97B
20223.97B
20213.22B
20202.42B
20192.44B
20181.88B
20171.27B
20161B
PE Ratio
0255075100125med 50.14Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IVPAF PE Ratio by year
PeriodPE Ratio
Sep 2699.49
Sep 2691.94
Aug 2693.99
Aug 2697.01
Aug 2688.71
Aug 2689.25
Jul 2677.5
Jul 2681.16
Jul 2675.34
Jul 2681.81
Jul 2681.06
Jun 2640.83
Jun 2644.47
Jun 2645.78
Jun 2643.39
May 2648.22
May 2645.61
May 2646.54
May 2646.86
May 2643.28
Apr 2646.65
Apr 2648.71
Apr 2645.18
Apr 2640.78
Mar 2635.52
Mar 2635.12
Mar 2640.17
Mar 2643.01
Feb 2650.54
Feb 2651.73
Feb 2655.54
Feb 2654.79
Jan 2656.03
Jan 2654.83
Jan 2650.05
Jan 2651.6
Jan 2651.78
Dec 2540
Dec 2536.47
Dec 2534.05
Dec 2536.88
Nov 2536.19
Nov 2530.83
Nov 2530.93
Nov 2532.07
Oct 2534.63
Oct 2536.61
Oct 2536.36
Oct 2537.89
Oct 2537.19
Sep 2532.36
Sep 2530.77
Sep 2529.3
Sep 2528.92
Aug 2528.22
Aug 2527
Aug 2526.59
Aug 2527.07
Aug 2524.64
Jul 2526.49
Jul 2525.89
Jul 2524.86
Jul 2524.26
Jun 2544.08
Jun 2543.37
Jun 2543.07
Jun 2548.52
May 2545.97
May 2555.51
May 2558.53
May 2556.93
May 2561.49
Apr 2556.93
Apr 2553.38
Apr 2550.24
Apr 2542.83
Mar 2579.42
Mar 2588.31
Mar 2584.86
Mar 2584.68
Feb 2581.75
Feb 2590.72
Feb 25101.67
Feb 2597.62
Jan 2592.62
Jan 25101.67
Jan 2597.79
Jan 25102.97
Jan 25104.09
Dec 24103.11
Dec 24102.35
Dec 24108.2
Dec 24116.86
Nov 24115.33
Nov 24115.84
Nov 24106.42
Nov 24113.04
Nov 24113.97
Oct 24117.28
Oct 24120.42
Free Cash Flow Yield
-7%-6%-5%-4%-3%med -4.22%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IVPAF Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-3.79%
Sep 26-4.1%
Aug 26-4.01%
Aug 26-3.88%
Aug 26-4.25%
Aug 26-4.22%
Jul 26-4.86%
Jul 26-4.64%
Jul 26-5%
Jul 26-4.61%
Jul 26-4.65%
Jun 26-4.61%
Jun 26-4.23%
Jun 26-4.11%
Jun 26-4.34%
May 26-3.9%
May 26-4.13%
May 26-4.05%
May 26-4.02%
May 26-4.35%
Apr 26-4.04%
Apr 26-3.86%
Apr 26-4.17%
Apr 26-4.62%
Mar 26-4.76%
Mar 26-4.82%
Mar 26-4.21%
Mar 26-3.93%
Feb 26-3.35%
Feb 26-3.27%
Feb 26-3.05%
Feb 26-3.09%
Jan 26-3.02%
Jan 26-3.09%
Jan 26-3.38%
Jan 26-3.28%
Jan 26-3.27%
Dec 25-3.48%
Dec 25-3.82%
Dec 25-4.09%
Dec 25-3.78%
Nov 25-3.85%
Nov 25-4.52%
Nov 25-4.5%
Nov 25-4.34%
Oct 25-4.02%
Oct 25-3.8%
Oct 25-3.83%
Oct 25-3.68%
Oct 25-3.74%
Sep 25-4.61%
Sep 25-4.85%
Sep 25-5.09%
Sep 25-5.16%
Aug 25-5.29%
Aug 25-5.53%
Aug 25-5.61%
Aug 25-5.52%
Aug 25-6.06%
Jul 25-5.64%
Jul 25-5.77%
Jul 25-6%
Jul 25-6.15%
Jun 25-6.59%
Jun 25-6.7%
Jun 25-6.75%
Jun 25-5.99%
May 25-6.32%
May 25-5.23%
May 25-4.96%
May 25-5.1%
May 25-4.73%
Apr 25-5.1%
Apr 25-5.44%
Apr 25-5.78%
Apr 25-6.78%
Mar 25-5.14%
Mar 25-4.62%
Mar 25-4.81%
Mar 25-4.82%
Feb 25-4.99%
Feb 25-4.5%
Feb 25-4.02%
Feb 25-4.18%
Jan 25-4.41%
Jan 25-4.02%
Jan 25-4.18%
Jan 25-3.97%
Jan 25-3.92%
Dec 24-4.1%
Dec 24-4.13%
Dec 24-3.9%
Dec 24-3.61%
Nov 24-3.66%
Nov 24-3.65%
Nov 24-3.97%
Nov 24-3.74%
Nov 24-3.7%
Oct 24-3.6%
Oct 24-3.51%
Price to Sales
0100200300400med 80.03Jun 17Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IVPAF Price to Sales by year
PeriodPrice to Sales
Sep 2624.79
Sep 2622.91
Aug 2623.42
Aug 2624.18
Aug 2622.11
Aug 2622.24
Jul 2619.31
Jul 2620.23
Jul 2618.78
Jul 2620.39
Jul 2620.2
Jun 2624.19
Jun 2626.35
Jun 2627.12
Jun 2625.7
May 2628.57
May 2627.02
May 2627.57
May 2627.76
May 2625.64
Apr 2627.63
Apr 2628.86
Apr 2626.76
Apr 2624.16
Mar 2631.71
Mar 2631.36
Mar 2635.87
Mar 2638.4
Feb 2645.12
Feb 2646.19
Feb 2649.59
Feb 2648.92
Jan 2650.02
Jan 2648.96
Jan 2644.69
Jan 2646.07
Jan 2646.23
Dec 2572.9
Dec 2566.46
Dec 2562.05
Dec 2567.22
Nov 2565.96
Nov 2556.18
Nov 2556.37
Nov 2558.45
Oct 2563.12
Oct 2566.72
Oct 2566.27
Oct 2569.05
Oct 2567.79
Sep 25116.3
Sep 25110.57
Sep 25105.29
Sep 25103.91
Aug 25101.39
Aug 2597.03
Aug 2595.54
Aug 2597.26
Aug 2588.54
Jul 2595.2
Jul 2593.02
Jul 2589.35
Jul 2587.17
Jun 25246.35
Jun 25242.38
Jun 25240.72
Jun 25271.18
May 25256.95
May 25310.25
May 25327.14
May 25318.2
May 25343.7
Apr 25318.2
Apr 25298.33
Apr 25280.79
Apr 25239.4
Sep 17320.55
Sep 17317.41
Sep 17359.65
Sep 17356.8
Aug 17337.87
Aug 17320.74
Aug 17312.56
Aug 17355.85
Jul 17364.6
Jul 17367.27
Jul 17355.85
Jul 17304.47
Jun 17306.37
Jun 17280.29
Jun 17283.13
Jun 17299.13
Jun 17272.62
May 17297.33
May 17321.86
May 17309.64
May 17297.52
Apr 17333.31
Apr 17348.46
Apr 17374.03
EV/EBITDA
0100200300400500med 57.63Sep 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IVPAF EV/EBITDA by year
PeriodEV/EBITDA
Sep 2674.61
Sep 2669.15
Aug 2670.63
Aug 2672.82
Aug 2666.81
Aug 2667.2
Jul 2658.71
Jul 2661.36
Jul 2657.15
Jul 2661.82
Jul 2661.28
Jun 2637.49
Jun 2640.71
Jun 2641.87
Jun 2639.75
May 2644.04
May 2641.73
May 2642.54
May 2642.83
May 2639.65
Apr 2642.64
Apr 2644.47
Apr 2641.34
Apr 2637.44
Mar 2637.48
Mar 2637.07
Mar 2642.34
Mar 2645.3
Feb 2653.17
Feb 2654.42
Feb 2658.39
Feb 2657.61
Jan 2658.9
Jan 2657.65
Jan 2652.66
Jan 2654.28
Jan 2654.46
Dec 2546.48
Dec 2542.51
Dec 2539.78
Dec 2542.97
Nov 2542.2
Nov 2536.16
Nov 2536.28
Nov 2537.56
Oct 2540.44
Oct 2542.66
Oct 2542.39
Oct 2544.1
Oct 2543.32
Sep 2543.85
Sep 2541.75
Sep 2539.82
Sep 2539.32
Aug 2538.39
Aug 2536.8
Aug 2536.25
Aug 2536.88
Aug 2533.69
Jul 2536.12
Jul 2535.33
Jul 2533.98
Jul 2533.19
Jun 2587.11
Jun 2585.75
Jun 2585.18
Jun 2595.67
May 2590.76
May 25109.13
May 25114.95
May 25111.87
May 25120.65
Apr 25111.87
Apr 25105.02
Apr 2598.98
Apr 2584.72
Mar 25324.02
Mar 25360.38
Mar 25346.26
Mar 25345.55
Feb 25333.55
Feb 25370.26
Feb 25415.1
Feb 25398.5
Jan 25378.03
Jan 25415.1
Jan 25399.21
Jan 25420.39
Jan 25424.98
Sep 24373.11
Sep 24340.49
Sep 24319.46
Sep 24288.74
Aug 24328.2
Aug 24339.78
Aug 24311.19
Aug 24280.23
Aug 24287.32
Jul 24319.46
Jul 24341.44
Price/Operating Cashflow
4050607080med 57.17Jan 23Mar 23May 23Jul 23Sep 23Oct 23Dec 23
IVPAF Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Dec 2360.72
Dec 2359.66
Dec 2357.74
Dec 2357.18
Nov 2350.72
Nov 2349.98
Nov 2344.95
Nov 2349.37
Oct 2347.87
Oct 2348.52
Oct 2349.73
Oct 2351.03
Sep 2353.83
Sep 2359.81
Sep 2362.02
Sep 2358.78
Sep 2362.02
Aug 2359.12
Aug 2358.85
Aug 2366.77
Aug 2367.94
Jul 2371.39
Jul 2365.88
Jul 2366.36
Jul 2363.95
Jun 2362.89
Jun 2364.05
Jun 2362.87
Jun 2357.34
Jun 2356.82
May 2353.83
May 2357.17
May 2356.24
May 2363.37
Apr 2359.5
Apr 2360.88
Apr 2363.97
Apr 2360.4
Mar 2362.18
Mar 2345.73
Mar 2344.52
Mar 2344.14
Mar 2349.56
Feb 2344.63
Feb 2351.12
Feb 2348.1
Feb 2350.02
Jan 2348.76
Jan 2350.74
Jan 2349.14
Jan 2346.83
Dec 2243.43
Price to Book
1234med 2.56Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
IVPAF Price to Book by year
PeriodPrice to Book
Sep 262.3
Sep 262.13
Aug 262.18
Aug 262.24
Aug 262.05
Aug 262.07
Jul 261.79
Jul 261.88
Jul 261.74
Jul 261.89
Jul 261.88
Jun 261.87
Jun 262.04
Jun 262.1
Jun 261.99
May 262.21
May 262.09
May 262.13
May 262.15
May 261.98
Apr 262.14
Apr 262.23
Apr 262.07
Apr 261.87
Mar 261.93
Mar 261.91
Mar 262.18
Mar 262.34
Feb 262.75
Feb 262.81
Feb 263.02
Feb 262.98
Jan 263.05
Jan 262.98
Jan 262.72
Jan 262.8
Jan 262.81
Dec 253.11
Dec 252.84
Dec 252.65
Dec 252.87
Nov 252.81
Nov 252.4
Nov 252.41
Nov 252.49
Oct 252.69
Oct 252.85
Oct 252.83
Oct 252.95
Oct 252.89
Sep 252.76
Sep 252.62
Sep 252.5
Sep 252.47
Aug 252.41
Aug 252.3
Aug 252.27
Aug 252.31
Aug 252.1
Jul 252.26
Jul 252.21
Jul 252.12
Jul 252.07
Jun 252.08
Jun 252.05
Jun 252.03
Jun 252.29
May 252.17
May 252.62
May 252.76
May 252.69
May 252.9
Apr 252.69
Apr 252.52
Apr 252.37
Apr 252.02
Mar 252.6
Mar 252.89
Mar 252.78
Mar 252.77
Feb 252.68
Feb 252.97
Feb 253.33
Feb 253.19
Jan 253.03
Jan 253.33
Jan 253.2
Jan 253.37
Jan 253.41
Dec 243.4
Dec 243.38
Dec 243.57
Dec 243.86
Nov 243.81
Nov 243.82
Nov 243.51
Nov 243.73
Nov 243.76
Oct 243.87
Oct 243.97
Ivanhoe Mines Ltd.
IVPAF
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News: IVPAF

Ivanhoe Mines Ltd. (IVN:CA) Discusses Western Forelands Mineral Resource Update and Copper Discoveries Transcript

seekingalpha.com · 8 Sep 2026

Ivanhoe Mines Ltd. (IVN:CA) Discusses Western Forelands Mineral Resource Update and Copper Discoveries Transcript

Ivanhoe Mines Ltd. (IVN:CA) Discusses Western Forelands Mineral Resource Update and Copper Discoveries Transcript

Ivanhoe Mines Increases the Size of Massive Western Forelands' Copper Discovery by 30%

newsfilecorp.com · 8 Sep 2026

Ivanhoe Mines Increases the Size of Massive Western Forelands' Copper Discovery by 30%

Western Forelands ranks as the world's largest and highest-grade copper discovery of the past decade Western Forelands Indicated Mineral Resources now 42 million tonnes at 2.66% copper, plus Inferred Mineral Resources of 612 million tonnes at 1.80% copper (100% basis) 2026 Western Forelands 94,500-metre exploration drill program is largest-ever Size of Makoko District expected to grow as ongoing drill results after March 31 not included in 2026 Mineral Resource Ongoing drill program to be upsized in Q4 2026 to infill shallow mineralization with potential for open pit extraction Route to first production at Makoko to benefit from prior rapid development of adjacent Kamoa-Kakula Copper Complex Makoko scoping study to commence in Q1 2027 Project development expected to include multiple shallow open pits, driving lower capex and much faster development Ivanhoe's track record of discovering high-grade copper in the Western Forelands is the best in the world at a cost of

Ivanhoe Mines to Issue Western Forelands Exploration Project Update and Host Investor Webinar on September 8, 2026

newsfilecorp.com · 4 Sep 2026

Ivanhoe Mines to Issue Western Forelands Exploration Project Update and Host Investor Webinar on September 8, 2026

Toronto, Ontario--(Newsfile Corp. - September 4, 2026) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will announce an update on the company's majority-owned Western Forelands Exploration Project before market open on Tuesday, September 8, 2026. In addition, the Company will host an investor webinar on the same day at 10:30 a.m.

Ivanhoe Mines: Diversifying And Growing

seekingalpha.com · 2 Sep 2026

Ivanhoe Mines: Diversifying And Growing

Ivanhoe Mines Limited is positioned as a long-term value buy due to its several growth projects, and credible expansion into PGM, gold, and nickel. IVPAF's diversification strategy aims to transform it from a copper and zinc producer into a multi-asset, stable miner with a broader revenue base. The company's financial stability and favorable metals market outlook underpin confidence in its ability to execute growth plans and generate substantial revenues.

Ivanhoe Mines Ltd. (IVPAF) Lags Q2 Earnings and Revenue Estimates

zacks.com · 29 Jul 2026

Ivanhoe Mines Ltd. (IVPAF) Lags Q2 Earnings and Revenue Estimates

Ivanhoe Mines Ltd. (IVPAF) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.06 per share.

Ivanhoe Mines Issues 2026 Second-Quarter Financial Results, Overview of Operations and Exploration Activities

newsfilecorp.com · 29 Jul 2026

Ivanhoe Mines Issues 2026 Second-Quarter Financial Results, Overview of Operations and Exploration Activities

Ivanhoe Mines' reports Q2 2026 profit of $46M and Adjusted EBITDA of $179M, including $152M of attributable EBITDA from Kamoa-Kakula Kamoa-Kakula's smelter operating costs offset by high-strength sulphuric acid sales during Q2 2026 Sulphuric acid production averaging 1,250+ tonnes per day; Q3 contract prices up >100% this year to ~$840 per tonne H2 2026 Kamoa-Kakula copper production rates set to increase; 2026 production guidance tightened to 290,000 to 310,000 tonnes of copper 2027 Kamoa-Kakula Updated Life-of-Mine Plan underway; new mine plan to be optimized with 250,000-metre in-fill drill program and trade-off studies Commissioning of Kamoa-Kakula's solar facility with battery backup underway; full capacity expected by end of Q3 Platreef's Shaft #3 commissioned; new hoisting capacity to ramp up Phase 1 operations & Phase 2 expansion Phase 2 concentrator earthworks advancing; construction on schedule for completion in Q4 2027 Kipushi produced record 70,177 tonnes of zinc in Q2 2026, at a cost of sales of $1.06/lb. and a cash cost (C1) of $0.90/lb.

Ivanhoe Mines to Issue Q2 2026 Financial Results After Market Close on July 29 and Host a Conference Call for Investors on July 30, 2026

newsfilecorp.com · 22 Jul 2026

Ivanhoe Mines to Issue Q2 2026 Financial Results After Market Close on July 29 and Host a Conference Call for Investors on July 30, 2026

Toronto, Ontario--(Newsfile Corp. - July 22, 2026) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release its 2026 second quarter financial results after market close on Wednesday, July 29, 2026. The company will hold an investor conference call to discuss the results on Thursday, July 30, at 10:30 a.m.

Nexa Resources (NYSE:NEXA) versus Ivanhoe Mines (OTCMKTS:IVPAF) Head to Head Analysis

defenseworld.net · 17 Jul 2026

Nexa Resources (NYSE:NEXA) versus Ivanhoe Mines (OTCMKTS:IVPAF) Head to Head Analysis

Ivanhoe Mines (OTCMKTS:IVPAF - Get Free Report) and Nexa Resources (NYSE: NEXA - Get Free Report) are both basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, dividends, institutional ownership, valuation, risk, analyst recommendations and earnings. Analyst Ratings This is a breakdown of

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