Ivanhoe Mines (OTCMKTS:IVPAF) Shares Pass Below 200-Day Moving Average – Here’s Why

Ivanhoe Mines Ltd. (OTCMKTS:IVPAFGet Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.78 and traded as low as $10.08. Ivanhoe Mines shares last traded at $10.30, with a volume of 397,415 shares traded.

Ivanhoe Mines Stock Performance

The stock’s 50 day moving average price is $11.59 and its two-hundred day moving average price is $12.78.

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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