Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.

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Ivanhoe Mines Ltd > $11.38 - hmmm should i buy?

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Comment by Coppernuton Apr 08, 2022 8:51am

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RE:RE:RE:RE:RE:$11.38 - hmmm should i buy?

IVN's PE is not really meaningful at this point without a full year of revenue so comparison to FCF or other legacy miners on this metric is not fair. In addition, FCF and many of the legacy miners are struggling with falling grades and ramping costs whereas IVN is ramping with great grades and costs that should decline with scale. Copper miners in general should do well with copper price increases but IVN is head and shoulders above the others barring some massive conflict in DRC or other unforseen disaster

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