Ivanhoe Mines Ltd (IVN) Insider Sells C$23,050.00 in Stock
Ivanhoe Mines Ltd (TSE:IVN) insider Mary Vincelli sold 5,000 shares of the company’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of C$4.61, for a total transaction of C$23,050.00.
Mary Vincelli also recently made the following trade(s):
- On Friday, September 1st, Mary Vincelli sold 5,000 shares of Ivanhoe Mines stock. The shares were sold at an average price of C$4.62, for a total transaction of C$23,100.00.
Ivanhoe Mines Ltd (TSE:IVN) traded up 2.43% during mid-day trading on Friday, reaching $4.64. 1,636,326 shares of the company’s stock were exchanged. Ivanhoe Mines Ltd has a 52-week low of $1.58 and a 52-week high of $5.47. The company has a 50-day moving average of $4.60 and a 200-day moving average of $4.46. The stock’s market cap is $3.65 billion.
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Separately, Royal Bank Of Canada upped their price target on shares of Ivanhoe Mines from C$4.25 to C$5.50 and gave the company an “outperform” rating in a research note on Tuesday, June 6th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of C$5.92.
Ivanhoe Mines Company Profile
Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious gems located primarily in Africa. The company explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, germanium, and lead deposits. Its principal projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; Kamoa-Kakula project located within the Central African Copperbelt in the Democratic Republic of Congo (DRC); and the Kipushi project located on the DRCs Copperbelt.
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