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

Ivanhoe Mines Ltd. (OTCMKTS:IVPAFGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 changing hands.

Ivanhoe Mines Price Performance

The business has a fifty day moving average price of $13.66 and a 200 day moving average price of $13.51.

About Ivanhoe Mines

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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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