# Stifel Moves Ivanhoe Mines Ltd. to Hold and Cuts Price Target to C$12.50

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49473
Published: 2026-11-05T18:11:01.000Z
Updated: 2026-11-05T18:11:01.000Z
Section: Investing

> Ivanhoe Mines shares fell 7.4% on Wednesday, Nov. 4, after the rating change. Third-quarter earnings per share came in below consensus.

Ivanhoe Mines Ltd. shares fell 7.4% Wednesday, Nov. 4, after Stifel moved its rating to Hold from Buy and cut its price target to C$12.50 from C$17.

The rating change followed Ivanhoe Mines' third-quarter results. The company reported earnings of $0.04 per share, below consensus. Adjusted EBITDA also came in below consensus.