Could IVANHOE MINES LTD. COM CL A CANADA (OTCMKTS:IVPAF) See a Reversal After More Sellers Came In?

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) Logo

The stock of IVANHOE MINES LTD. COM CL A CANADA (OTCMKTS:IVPAF) registered an increase of 0.98% in short interest. IVPAF’s total short interest was 13.77 million shares in October as published by FINRA. Its up 0.98% from 13.63M shares, reported previously. With 281,500 shares average volume, it will take short sellers 49 days to cover their IVPAF’s short positions.

The stock increased 1.21% or $0.03 during the last trading session, reaching $2.5. About 69,896 shares traded. Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) has 0.00% since October 12, 2018 and is . It has by 0.00% the S&P500.

Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious gems located primarily in Africa. The company has market cap of $2.98 billion. The firm explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, germanium, and lead deposits. It has a 50 P/E ratio. The Company’s principal projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; Kamoa-Kakula project located within the Central African Copperbelt in the Democratic Republic of Congo ; and the Kipushi project located on the DRCÂ’s Copperbelt.

More notable recent Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) news were published by: Seekingalpha.com which released: “Clean TeQ: An In-Depth Analysis – Seeking Alpha” on October 18, 2017, also Seekingalpha.com with their article: “Market Applying 12% Discount Rate To Ivanhoe’s DRC Assets – Seeking Alpha” published on March 25, 2019, Seekingalpha.com published: “What Does The New Makoko Discovery Mean For Ivanhoe Mines? – Seeking Alpha” on October 15, 2018. More interesting news about Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) were released by: Seekingalpha.com and their article: “Resource Sector Digest: A Mountain Of Gold – Seeking Alpha” published on March 28, 2017 as well as Seekingalpha.com‘s news article titled: “Kamoa-Kakula: The World’s Biggest Copper Mine? – Seeking Alpha” with publication date: March 24, 2017.

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