Ivanhoe Mines Resumes Operations at Kakula Mine, Updates Production Guidance

Ivanhoe Mines ( (TSE:IVN) ) has issued an update.

Ivanhoe Mines has resumed underground mining operations on the western side of the Kakula Mine after stabilizing underground water levels. The company has updated its short-term mine plan to incorporate recommendations from preliminary geotechnical findings following seismic activity. Production guidance for 2025 has been revised to between 370,000 and 420,000 tonnes of copper. The on-site copper smelter is expected to start in September 2025, with the first anode anticipated in October 2025. These developments are expected to enhance the company’s operational capacity and maintain its position as a leading copper producer.

The most recent analyst rating on (TSE:IVN) stock is a Buy with a C$24.00 price target. To see the full list of analyst forecasts on Ivanhoe Mines stock, see the TSE:IVN Stock Forecast page.

Spark’s Take on TSE:IVN Stock

According to Spark, TipRanks’ AI Analyst, TSE:IVN is a Neutral.

Ivanhoe Mines demonstrates strong operational performance with significant revenue and production growth, supported by strategic expansions and a robust balance sheet. However, challenges such as negative cash flow and high P/E ratio pose significant risks. Technical indicators signal a bearish trend, tempering short-term optimism. Positive earnings call insights and corporate events provide balance, but caution is advised due to financial and regional risks.

To see Spark’s full report on TSE:IVN stock, click here.

More about Ivanhoe Mines

Ivanhoe Mines is a mining company operating in the Democratic Republic of the Congo, primarily focused on copper production. The company is involved in the Kamoa-Kakula Copper Complex, which is a significant copper mining project.

Average Trading Volume: 3,693,720

Technical Sentiment Signal: Sell

Current Market Cap: C$15.49B

For detailed information about IVN stock, go to TipRanks’ Stock Analysis page.