Last update at 2025-07-03T16:42:00Z
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Solid Earnings May Not Tell The Whole Story For Ivanhoe Mines (TSE:IVN)
Mon 12 May 25, 12:47 PMTSX's April 2025 High Growth Companies With Strong Insider Ownership
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Fri 18 Apr 25, 12:35 PMIvanhoe Mines Publishes Eighth Annual Sustainability Report
Wed 16 Apr 25, 09:11 PMIvanhoe Mines Reports Significantly Increased Hydroelectric Power Availability for Kamoa-Kakula
Mon 07 Apr 25, 10:00 AMBreakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Income before tax | 179.12M | 295.29M | 320.74M | -29.62200M | -38.09200M |
Minority interest | 34.84M | 15.98M | -23.24200M | 9.93M | -104.17600M |
Net income | 228.13M | 318.93M | 410.86M | 55.24M | -38.59200M |
Selling general administrative | 66.70M | 8.80M | 52.42M | 58.54M | 48.97M |
Selling and marketing expenses | - | 75.14M | - | - | - |
Gross profit | -10.74500M | -22.65700M | -33.91200M | -52.17100M | -44.72400M |
Reconciled depreciation | 19.67M | 2.57M | 5.87M | 9.59M | 8.35M |
Ebit | - | -92.73100M | -91.34900M | -111.60500M | -94.90400M |
Ebitda | - | -90.43600M | -85.47900M | -102.01500M | -86.55000M |
Depreciation and amortization | - | 2.29M | 5.87M | 9.59M | 8.35M |
Non operating income net other | - | - | - | - | - |
Operating income | -129.09800M | 179.07M | 316.25M | 97.17M | -121.77500M |
Other operating expenses | - | 179.07M | 95.36M | 110.71M | 94.41M |
Interest expense | 9.33M | 8.05M | 17.31M | 32.89M | 1.70M |
Tax provision | -14.17600M | -7.65800M | -113.36900M | -74.93400M | 0.50M |
Interest income | 241.26M | 239.54M | 153.52M | 26.73M | 80.75M |
Net interest income | 192.40M | 208.07M | 137.21M | 69.40M | 79.05M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | - | 7.66M | -113.36900M | -74.93400M | 0.50M |
Total revenue | 40.82M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Total operating expenses | 169.92M | -179.06700M | 95.36M | 58.54M | 49.69M |
Cost of revenue | 51.56M | 22.66M | 33.91M | 52.17M | 44.72M |
Total other income expense net | 115.82M | 116.22M | 159.39M | -24.71800M | 83.68M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 193.29M | 302.94M | 434.11M | 45.31M | -38.59200M |
Net income applicable to common shares | - | - | 410.86M | 55.24M | -19.87700M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Total assets | 5737.56M | 5000.26M | 3969.28M | 3218.21M | 2417.09M |
Intangible assets | - | - | - | - | - |
Earning assets | - | - | - | - | - |
Other current assets | - | 63.98M | 42.07M | 4.95M | 3.90M |
Total liab | 901.91M | 1419.32M | 1128.15M | 841.21M | 80.61M |
Total stockholder equity | 4989.20M | 3698.48M | 2934.62M | 2493.82M | 2440.66M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 1.84M | 1.47M | 6.31M | 5.42M | 5.48M |
Common stock | - | 2790.14M | 2347.11M | 2316.29M | 2302.20M |
Capital stock | 3858.59M | 2790.14M | 2347.11M | 2316.29M | 2302.20M |
Retained earnings | 1047.38M | 819.25M | 509.80M | 98.94M | 43.70M |
Other liab | - | - | 543.92M | 322.38M | 7.04M |
Good will | - | - | - | - | - |
Other assets | - | - | 212.73M | 145.57M | 69.41M |
Cash | 102.08M | 560.29M | 583.85M | 608.18M | 262.82M |
Cash and equivalents | - | - | 597.45M | 608.18M | 262.82M |
Total current liabilities | 238.56M | 197.78M | 67.24M | 31.96M | 23.03M |
Current deferred revenue | - | 12.00M | - | - | - |
Net debt | 256.35M | 87.13M | -63.27500M | -117.54200M | -211.93600M |
Short term debt | - | 87.38M | 3.58M | 3.76M | 0.35M |
Short long term debt | 97.48M | 86.70M | 3.03M | 3.03M | - |
Short long term debt total | - | 647.42M | 520.58M | 490.63M | 50.89M |
Other stockholder equity | - | 147.86M | 141.54M | 141.10M | 131.82M |
Property plant equipment | - | - | 902.83M | 742.30M | 725.13M |
Total current assets | 298.64M | 648.83M | 662.66M | 686.74M | 330.98M |
Long term investments | 3115.27M | 2602.02M | 2056.69M | 1643.59M | 1291.58M |
Net tangible assets | - | - | 2934.62M | 2493.82M | 2440.66M |
Short term investments | - | - | - | 0.00000M | 0.30M |
Net receivables | - | 23.03M | 35.73M | 72.62M | 62.93M |
Long term debt | 260.95M | 549.28M | 506.24M | 719.83M | 38.98M |
Inventory | 85.74M | 1.52M | 1.01M | 0.99M | 1.02M |
Accounts payable | 118.91M | 96.94M | 57.36M | 22.77M | 17.20M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | - | -58.77000M | -63.83000M | -62.50800M | -37.05600M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | 2302.20M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | - | - | - | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 18.91M | 4.24M | 138.74M | 72.41M | 69.01M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 5438.92M | 4351.43M | 3306.62M | 2531.47M | 2086.11M |
Capital lease obligations | 10.76M | 11.44M | 11.31M | 11.97M | 11.90M |
Long term debt total | - | - | 517.00M | 731.07M | 50.54M |
Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
Investments | -495.40500M | -476.99800M | -173.63400M | -3.19800M | -380.30900M |
Change to liabilities | - | - | 34.84M | 4.12M | -0.34800M |
Total cashflows from investing activities | - | - | -173.63400M | -208.58100M | -380.30900M |
Net borrowings | - | - | -0.71400M | 563.82M | -0.86300M |
Total cash from financing activities | 206.95M | 500.27M | -9.69000M | 561.97M | 1.13M |
Change to operating activities | - | - | -23.51800M | 0.93M | -0.56500M |
Net income | 228.13M | 295.29M | 320.74M | -29.62200M | -38.09200M |
Change in cash | -456.95100M | -23.15700M | -10.72500M | 345.35M | -439.98500M |
Begin period cash flow | 574.29M | 597.45M | 608.18M | 262.82M | 702.81M |
End period cash flow | 117.34M | 574.29M | 597.45M | 608.18M | 262.82M |
Total cash from operating activities | -152.43200M | -31.56600M | 177.09M | -7.09000M | -60.46900M |
Issuance of capital stock | 0.00000M | 429.70M | 0.00000M | - | -0.02300M |
Depreciation | 19.67M | 2.57M | 5.87M | 9.59M | 8.35M |
Other cashflows from investing activities | - | - | -14.97900M | -153.06200M | -333.61200M |
Dividends paid | 0.00000M | 0.00000M | 0.00000M | 0.00000M | - |
Change to inventory | -76.20200M | -0.51000M | -0.01600M | 0.02M | 0.04M |
Change to account receivables | - | -0.01675M | -0.00505M | -0.00426M | 0.00160M |
Sale purchase of stock | - | - | 5.52M | 6.46M | 2.29M |
Other cashflows from financing activities | - | -25.81900M | -8.85800M | -1.84700M | 2.00M |
Change to netincome | - | - | -245.90500M | -72.73300M | -49.68000M |
Capital expenditures | 491.71M | 477.90M | 158.66M | 52.60M | 41.99M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | - | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | - | - | - | - |
Change in working capital | -64.98900M | 8.52M | 6.26M | 70.37M | 0.73M |
Stock based compensation | 27.92M | 29.27M | 27.22M | 20.00M | 15.39M |
Other non cash items | -192.31700M | -367.21000M | -182.99100M | -77.43600M | -46.85800M |
Free cash flow | -644.14400M | -509.46500M | 18.43M | -59.69100M | -102.46100M |
Sector: Basic Materials Industry: Other Industrial Metals & Mining
Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
IVN Ivanhoe Mines Ltd. |
-0.265 2.49% | 10.38 | 22.91 | 44.44 | 116.51 | 1.94 | 87.68 | 25.11 |
NGEX NGEx Minerals Ltd. |
0.07 0.44% | 16.03 | - | - | - | 18.87 | -21.1223 | |
SKE Skeena Resources Ltd |
-0.21 0.98% | 21.20 | - | - | - | 17.73 | -4.0329 | |
FOM Foran Mining Corporation |
-0.045 1.47% | 3.02 | - | - | - | 2.10 | -131.2641 | |
VZLA Vizsla Silver Corp. |
0.01 0.25% | 4.07 | - | - | - | - |
Ivanhoe Mines Ltd., together with its subsidiaries, engages in the mining, development, and exploration of minerals and precious metals in Africa. The company explores for platinum, palladium, gold, rhodium, nickel, copper, zinc, germanium, silver, and lead deposits. Its projects include the Kamoa-Kakula Copper Complex mine located in the Central African Copperbelt; the Platreef PGM-Nickel mine located in the Northern Limb of South Africa's Bushveld Igneous Complex; and the Kipushi Zinc mine in Haut-Katanga Province, Democratic Republic of Congo. It also holds interest in the Western Foreland exploration project covering an area of approximately 2,407 square kilometers located in the Democratic Republic of Congo. The company was formerly known as Ivanplats Limited and changed its name to Ivanhoe Mines Ltd. in August 2013. The company was incorporated in 1993 and is based in Vancouver, Canada.
999 Canada Place, Vancouver, BC, Canada, V6C 3E1
Name | Title | Year Born |
---|---|---|
Ms. Martie Cloete | Pres | 1977 |
Mr. David Harry Van Heerden | Chief Financial Officer | NA |
Dr. Setha Patricia Makhesha | Exec. VP of Sustainability & Special Projects | NA |
Mr. Peter Zhou | Exec. VP of China | NA |
Mr. Mark Farren | Chief Operating Officer | 1966 |
Mr. Pierre Joubert | Exec. VP of Technical Services | NA |
Mr. Matthew Richard Keevil | Director of Investor Relations & Corp. Communications | NA |
Ms. Mary A. Vincelli | VP of Compliance & Corp. Sec. | NA |
Mr. Alex Pickard | VP of Corp. Devel. | NA |
Mr. Stephen Torr P.Geo. | Sr. VP of Geosciences | NA |
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