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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

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.


TSX:IVN - Post by User

Post by guarantor1on May 21, 2024 11:18am
250 Views
Post# 36049980

Head Scratcher of a Downgrade, on First Quantum, by BMO

Head Scratcher of a Downgrade, on First Quantum, by BMOtoday 
raised FM target from $17 to $19
Downgraded from Outperform to Market Perform (based on valuation)

So how did FM respond to the downgrade ?
Up 6.5% or $1.25  (to 20.70) this AM - by far the biggest mover in the copper mining universe

go figure, eh

I guess what the market is telling us, is that Copper is so strong, that nobody gives a Flying F what any analyst has to say about copper stocks...just go with the flow
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