|Bid||8.40 x 0|
|Ask||8.41 x 0|
|Day's Range||8.32 - 8.65|
|52 Week Range||2.46 - 8.65|
|Beta (5Y Monthly)||2.04|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A look at the shareholders of Ivanhoe Mines Ltd. ( TSE:IVN ) can tell us which group is most powerful. Institutions...
Canada-based Ivanhoe Mines saidon Tuesday its South African unit has agreed to finance up to$420 million to start mining work on the company's Platreefpalladium and platinum project. The subsidiary, Ivanplats, has signed with Orion MineFinance for $300 million, while it has appointed SocieteGenerale and Nedbank to arrange for up to $120 million in loans,Ivanhoe said. "The production of key 'green metals' needed to reducegreenhouse gas emissions is at a critical inflection point asbusinesses are pressed to secure long-term supplies," Ivanhoeco-chairman Robert Friedland said in a statement.
Canadian exploration company Ivanhoe Mines is taking a "hard look" at projects in the United States amid a rush for green metals, Executive Co-Chairman Robert Friedland said on Monday. U.S. President-elect Joe Biden has indicated support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan. "We’ve been taking a hard look at projects in those states in the United States where we think we can get a social license to mine," Friedland said in a pre-recorded address at a virtual conference hosted by the Canada-based Association of Mineral Exploration.