Separately, CIBC restated a neutral rating and set a C$5.00 target price on shares of Ivanhoe Mines in a research report on Friday, September 15th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of C$6.58.
COPYRIGHT VIOLATION NOTICE: “Ivanhoe Mines Ltd (IVN) Price Target Raised to C$8.00” was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://sportsperspectives.com/2017/11/02/ivanhoe-mines-ltd-ivn-price-target-raised-to-c8-00.html.
In related news, Director Matthieu Bos sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of C$4.53, for a total transaction of C$31,710.00. Also, Director Setha Patricia Makhesha sold 11,600 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of C$4.22, for a total transaction of C$48,952.00. In the last 90 days, insiders have sold 56,500 shares of company stock worth $245,297.
Ivanhoe Mines Company Profile
Ivanhoe Mines Ltd. is a mineral exploration and development company. The Company focuses on exploration within the Central African Copperbelt and the Bushveld Complex. It has four segments: the Platreef property, the Kamoa property and joint venture, the Kipushi property and treasury. The segments are engaged in the exploration and development of mineral properties in South Africa, the Democratic Republic of Congo (DRC) and the restoration of a mine in the DRC, respectively.
Receive News & Ratings for Ivanhoe Mines Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ivanhoe Mines Ltd and related companies with MarketBeat.com's FREE daily email newsletter.