TSX:IVNMetals and Mining
Is Ivanhoe Mines (TSX:IVN) Cheap As Makoko Copper Resources Jump 30%?
Ivanhoe Mines (TSX:IVN) is back in focus after a fresh Mineral Resource update for the Makoko District lifted contained copper by 30% to around 12 million tonnes. This reframes its Western Forelands exploration story.
Recent trading tells a mixed story. The 1 day share price return of 1.28% and 7 day gain of 15.83% around Ivanhoe Mines' Makoko update point to momentum returning, even though the year to date share price return is down 16.08% while the 5 year total shareholder return is...