Ivanhoe Mines (OTCMKTS:IVPAF) Stock Passes Below 200 Day Moving Average – Here’s Why

Ivanhoe Mines Ltd. (OTCMKTS:IVPAFGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.51 and traded as low as $12.95. Ivanhoe Mines shares last traded at $13.40, with a volume of 200,370 shares.

Ivanhoe Mines Price Performance

The stock has a 50-day moving average price of $13.66 and a 200 day moving average price of $13.51.

Ivanhoe Mines Company Profile

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Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals 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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