Ivanhoe Mines Ltd., together with its subsidiaries, engages in the mining, development, and exploration of minerals and precious metals in Africa. The company explores for platinum, palladium, gold, rhodium, nickel, copper, zinc, germanium, silver, and lead deposits. Its projects include the Kamoa-Kakula Copper Complex mine located in the Central African Copperbelt; the Platreef PGM-Nickel mine located in the Northern Limb of South Africa’s Bushveld Igneous Complex; and the Kipushi Zinc mine in Haut-Katanga Province, Democratic Republic of Congo. It also holds interest in the Western Foreland exploration project covering an area of approximately 2,407 square kilometers located in the Democratic Republic of Congo. The company was formerly known as Ivanplats Limited and changed its name to Ivanhoe Mines Ltd. in August 2013. The company was incorporated in 1993 and is based in Vancouver, Canada.
Metrics to compare | IVN | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipIVNPeersSector | |
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P/E Ratio | 58.0x | 11.8x | −0.1x | |
PEG Ratio | −1.65 | 0.00 | 0.00 | |
Price/Book | 2.7x | 1.4x | 1.6x | |
Price / LTM Sales | 324.1x | 2.1x | 1.2x | |
Upside (Analyst Target) | 64.4% | 30.9% | 28.6% | |
Fair Value Upside | Unlock | 0.1% | 3.4% | Unlock |