Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals 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. It also holds a 100% 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 | IVPAF | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipIVPAFPeersSector | |
---|---|---|---|---|
P/E Ratio | 117.3x | 1.5x | −0.1x | |
PEG Ratio | −2.12 | 0.01 | 0.00 | |
Price/Book | 3.7x | 1.2x | 1.6x | |
Price / LTM Sales | - | 2.0x | 1.3x | |
Upside (Analyst Target) | 25.3% | 33.0% | 28.2% | |
Fair Value Upside | Unlock | 11.2% | 1.2% | Unlock |