The earnings call presented a mixed picture: while the company showcased strong financial and operational resilience with positive cash flow and progress in smelter and exploration projects, the impact of seismic activity on operations and increased costs were significant setbacks.

Company Guidance -

Q3 2025

During the Ivanhoe Mines Ltd. Q2 2025 earnings call, the company provided detailed guidance on various operational metrics. Despite challenges, Ivanhoe Mines reported a positive net cash flow of approximately $169 million for the quarter. The Phase 1 and 2 concentrators operated at 80-85% capacity, while Phase 3 operated above 30% capacity. The company plans to start a smelter in September, and the dewatering activities are expected to be completed by the end of the year. Kamoa-Kakula sold nearly 102,000 tonnes of copper, down 8% from the previous quarter. The realized copper price was $4.34 per pound of payable copper, contributing to a quarterly revenue of $875 million. Cash costs for the second quarter were $1.89 per pound, with a year-to-date figure of $1.78. Ivanhoe updated its 2025 cash cost guidance to between $1.90 and $2.20 per pound, citing lower expected ore grades. The company also highlighted safety achievements, with no lost-time injuries reported during significant operational disruptions. Additionally, sustainability efforts, including aquaculture and agricultural community projects, were discussed, emphasizing Ivanhoe's commitment to social impact.

Positive Net Cash Flow

Ivanhoe Mines returned a positive net cash flow of about $169 million for the second quarter despite operational challenges.

Safety Achievements

The company experienced no lost time injuries during the seismic event in May, and the Kipushi project engineering team has not recorded a single lost time injury since construction began.

Kamoa Phase 3 Record Throughput

Phase 3 at Kamoa recorded a throughput of 1.6 million tonnes, close to 6.5 million tonnes annualized, with a record grade of 2.92% and recovery of 86%.

Smelter Completion and Commissioning

The smelter is mechanically complete, and final commissioning is underway with plans for furnace heat-up in September, aiming to significantly reduce C1 costs.

Western Forelands Resource Increase

Significant resource increase at the Makoko district, nearly doubling the resource to close to 10 million tonnes of contained copper.

Ivanhoe Mines (TSE:IVN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TSE:IVN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	<0.01 / -	0.124	―	―	―
Jul 30, 2025	2025 (Q2)	0.06 / 0.04	0.138	-70.00% (-0.10)
Apr 30, 2025	2025 (Q1)	0.10 / 0.14	0.083	66.67% (+0.06)
Feb 20, 2025	2024 (Q4)	0.11 / 0.10	0.07	37.25% (+0.03)
Oct 30, 2024	2024 (Q3)	0.12 / 0.12	0.11	12.50% (+0.01)
Jul 31, 2024	2024 (Q2)	0.13 / 0.14	0.097	42.86% (+0.04)
Apr 30, 2024	2024 (Q1)	0.04 / 0.08	0.097	-14.29% (-0.01)
Feb 26, 2024	2023 (Q4)	0.12 / 0.07	0.041	70.00% (+0.03)
Nov 06, 2023	2023 (Q3)	0.15 / 0.11	0.097	14.29% (+0.01)
Aug 03, 2023	2023 (Q2)	0.13 / 0.10	0.359	-73.08% (-0.26)

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

TSE:IVN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	C$11.02	C$10.81	-1.91%
Apr 30, 2025	C$12.24	C$13.45	+9.89%
Feb 20, 2025	C$15.78	C$16.87	+6.91%
Oct 30, 2024	C$19.75	C$18.99	-3.85%

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.

FAQ

When does Ivanhoe Mines (TSE:IVN) report earnings?

Ivanhoe Mines (TSE:IVN) is schdueled to report earning on Nov 17, 2025, Before Open (Confirmed).

What is Ivanhoe Mines (TSE:IVN) earnings time?

Ivanhoe Mines (TSE:IVN) earnings time is at Nov 17, 2025, Before Open (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 (Q3) is <0.01.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing