Setha Patricia Makhesha Sells 25,000 Shares of Ivanhoe Mines Ltd (IVN) Stock

Ivanhoe Mines Ltd (TSE:IVN) Director Setha Patricia Makhesha sold 25,000 shares of Ivanhoe Mines stock in a transaction on Monday, September 18th. The stock was sold at an average price of C$4.21, for a total value 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 stock was sold at an average price of C$4.22, for a total value of C$48,952.00.

Shares of Ivanhoe Mines Ltd (TSE IVN) opened at 4.27 on Thursday. The company’s market cap is $3.36 billion. The firm has a 50 day moving average price of $4.48 and a 200-day moving average price of $4.45. Ivanhoe Mines Ltd has a 12-month low of $1.83 and a 12-month high of $5.47.

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A number of analysts have commented on IVN shares. CIBC reissued a “neutral” rating and issued a C$5.00 target price on shares of Ivanhoe Mines in a report on Friday, September 15th. Royal Bank Of Canada lifted their target price on Ivanhoe Mines from C$4.25 to C$5.50 and gave the stock an “outperform” rating in a 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. Ivanhoe Mines has a consensus rating of “Buy” and an average target price 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.

Insider Buying and Selling by Quarter for Ivanhoe Mines (TSE:IVN)

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