Date: Dec 20, 2018
It was a tough day for Ivanhoe Mines Ltd. (IVN:CA) as its stock fell 5.51% to finish the day at $2.23 a share on December 19. That reduces the company’s market cap to 2.25 billion on 1.01 billion outstanding shares. Ivanhoe Mines Ltd. is a component of the the S&P/TSX SmallCap Index.
752,619 shares exchanged hands over the course of the day as compared with an average daily volume of 702,540 over the last 30 days.
Ivanhoe Mines Ltd. is a mineral exploration and development company. The company together with its subsidiaries explores, develops and recovers minerals and precious gems from its property interests located in Africa. The group explores for platinum, nickel, copper, gold, silver, cobalt, iron, vanadium and chrome. It primarily operates three projects Kamoa, Platreef and Kipushi.. Ivanhoe Mines Ltd. makes its home in Vancouver, BC, and currently has CEO Lars-Eric Johansson at the helm.
