Shares of Ivanhoe Mines Ltd. (OTCMKTS:IVPAF – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.81 and traded as high as $11.61. Ivanhoe Mines shares last traded at $11.61, with a volume of 23,736 shares traded.
Analyst Ratings Changes
Separately, Raymond James lifted their price objective on Ivanhoe Mines from $18.00 to $19.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 20th.
Check Out Our Latest Stock Report on IVPAF
Ivanhoe Mines Trading Up 1.0 %
About Ivanhoe Mines
Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals located primarily in Africa. It explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, silver, germanium, and lead deposits. The company's projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; the Kipushi project located in Haut-Katanga Province, Democratic Republic of Congo; and the Kamoa-Kakula project located within the Central African Copperbelt.
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