Ivanhoe Mines Ltd. (OTCMKTS:IVPAF) Short Interest Up 8.0% in January

Ivanhoe Mines Ltd. (OTCMKTS:IVPAFGet Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 58,021,600 shares, a growth of 8.0% from the December 31st total of 53,716,000 shares. Based on an average trading volume of 313,700 shares, the days-to-cover ratio is presently 185.0 days.

Ivanhoe Mines Price Performance

IVPAF opened at $10.75 on Wednesday. Ivanhoe Mines has a fifty-two week low of $7.13 and a fifty-two week high of $11.07. The business has a 50-day moving average of $9.56 and a 200-day moving average of $8.96.

Ivanhoe Mines Company Profile

(Get Free Report)

Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals located primarily in Africa. It explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, silver, germanium, and lead deposits. The company's projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; the Kipushi project located in Haut-Katanga Province, Democratic Republic of Congo; and the Kamoa-Kakula project located within the Central African Copperbelt.

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