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Ivanhoe Mines (TSE:IVN)
:IVN
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.08Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -23.57%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
Ivanhoe Mines demonstrated strong operational and financial performance, with record production and successful financial strategies. However, power supply issues and regional security concerns pose challenges. The company is actively addressing these issues and has plans for significant growth and expansion.Company Guidance
During the call, Ivanhoe Mines provided guidance for 2025, projecting copper production between 520,000 and 580,000 tons, with an aim to exceed 600,000 tons from 2026 onwards, following optimization and debottlenecking projects. The company reported 2024 copper production of over 457,000 tons and set zinc production guidance at 180,000 to 240,000 tons for 2025, with a target of over 250,000 tons from 2026. The newly constructed smelter, with a capacity of 500,000 tons of blister anode, is expected to contribute to margins later in the year by reducing transport costs and increasing byproduct sales. Financially, Kamoa-Kakula generated over $3 billion in revenue and $1.8 billion in EBITDA in 2024, with a C1 cash cost of $1.65 per pound of copper. The company projects cash costs for 2025 to range between $1.65 and $1.85 per pound of copper. Additionally, Ivanhoe is conducting significant exploration activities, including drilling over 80,000 meters in the Western Forelands and initiating exploration in Angola and Kazakhstan.Record Copper Production
Ivanhoe Mines achieved a record production of over 457,000 tons of copper in 2024, with guidance to increase to between 520,000 and 580,000 tons in 2025.
Kamoa-Kakula Revenue and EBITDA Growth
Kamoa-Kakula generated over $3 billion in revenue and $1.8 billion in EBITDA, representing an 11% increase in production year-over-year.
Successful Notes Offering
Ivanhoe Mines successfully closed a senior unsecured notes offering at 7.85%, improving their capital structure.
Platreef Expansion Plans
Updated feasibility study shows Platreef poised to become one of the largest PGM producers, with Phase I starting in Q1 2025 and significant production expansions planned.
Sustainability and Local Workforce
Ivanhoe Mines reported a local workforce of over 90%, with significant female representation, and continued progress on sustainability assessments.
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TSE:IVN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:IVN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | C$15.78 | C$16.87 | +6.91% |
| Oct 30, 2024 | C$19.75 | C$18.99 | -3.85% |
| Jul 31, 2024 | C$17.56 | C$18.05 | +2.79% |
| Apr 30, 2024 | C$20.62 | C$18.66 | -9.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ivanhoe Mines (TSE:IVN) report earnings?
Ivanhoe Mines (TSE:IVN) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Ivanhoe Mines (TSE:IVN) earnings time?
Ivanhoe Mines (TSE:IVN) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:IVN EPS forecast?
TSE:IVN EPS forecast for the fiscal quarter 2025 (Q1) is 0.11.
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