Stock Market Watch

Ivanhoe Mines Ltd. – Revenues rose to $60.5 million

by ·




Ivanhoe Mines Ltd. (USA) (NYSE:IVN). Last Market Price: 21.32, Change: +0.76, % Change: (3.70%). Shares trade in the range of 20.43 – 21.36 dollars. It has a market capitalization of 15.15B dollars, making it a Large Cap Stock and has 710.60M outstanding shares. The company has a beta of 1.85, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.79. It operates in Basic Materials sector and belongs to Metal Mining industry. Percentage shares held by institutional investors is 29%. The company has a 52 week Price range (low – high) of $ 12.11 – 30.03. Average volumes of shares traded daily are 3,530,000.Volume traded in the last session was at 743,515, 0.21 times the average volume.

  • Reports Q3 (Sep)
    • EPS of $0.02, better than the estimates
    • Revenues rose 27.9% year on year to $60.5 million

For Q2 (Jun ’11), It had a Net profit margin of -35.54%, an Operating margin of -192.92%. Other Key stats and ratios are : Return on average assets of -1.43%, Return on average equity of 0.06%. The organization has an employee strength of 1,347

Consensus Recommendation is a Outperform.


Estimate for sales for the Year Ending Dec-11 show a mean of 236.18 million dollars, an estimate high of 255.80 million dollars and an estimate low of 206.42 million dollars. A year ago the figures stood at 176.87 million dollars.

Estimate for sales for the Year Ending Dec-12 show a mean of 626.12 million dollars, an estimate high of 822.20 million dollars and an estimate low of 348.95 million dollars. A year ago the figures stood at 563.65 million dollars.

Estimate for EPS for the Year Ending Dec-11 show a mean of -0.57 dollars, an estimate high of -0.22 dollars and an estimate low of -0.90 dollars. A year ago the figures stood at -0.37 dollars.

Estimate for EPS for the Year Ending Dec-12 show a mean of -0.31 dollars, an estimate high of -0.06 dollars and an estimate low of -1.04 dollars. A year ago the figures stood at -0.57 dollars.

Sales for Quarter Ending Jun-11 was estimated at 39.50 million dollars, however the actual sales figure stood at 47.34 million dollars, 7.84 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 50.70 million dollars, however the actual sales figure stood at 20.20 million dollars, 30.5 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


Tags:

Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

You may also like...