Ivanhoe Mines Ltd (IVN) Director Setha Patricia Makhesha Sells 25,000 Shares of Stock
Ivanhoe Mines Ltd (TSE:IVN) Director Setha Patricia Makhesha sold 25,000 shares of the business’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of C$4.21, for a total transaction of C$105,250.00.
Setha Patricia Makhesha also recently made the following trade(s):
- On Tuesday, September 19th, Setha Patricia Makhesha sold 11,600 shares of Ivanhoe Mines stock. The shares were sold at an average price of C$4.22, for a total transaction of C$48,952.00.
Ivanhoe Mines Ltd (TSE:IVN) opened at 4.31 on Wednesday. The stock’s 50 day moving average is $4.48 and its 200-day moving average is $4.45. The stock’s market capitalization is $3.39 billion. Ivanhoe Mines Ltd has a 52-week low of $1.83 and a 52-week high of $5.47.
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A number of research analysts have recently commented on IVN shares. CIBC restated a “neutral” rating and set a C$5.00 price target on shares of Ivanhoe Mines in a research report on Friday, September 15th. Royal Bank Of Canada boosted their price target on shares of Ivanhoe Mines from C$4.25 to C$5.50 and gave the company an “outperform” rating in a research report on Tuesday, June 6th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$6.21.
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.
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