Investing
Add as a preferred source on GoogleThird-quarter earnings per share were $0.04, below consensus, while adjusted EBITDA also missed expectations.
Stifel shifted its rating on Ivanhoe Mines Ltd. from Buy to Hold after its third-quarter results, while the shares retreated 7.4% Wednesday, Nov. 4.
Stifel lowered its target to C$12.50 from C$17. Ivanhoe Mines reported third-quarter earnings per share of $0.04, below consensus. Adjusted EBITDA also fell short of expectations.
The proposed facility would combine four public funding institutions and support projects in Britain and overseas with loans, equity, guarantees and long-term offtake agreements.
Rhodium Group put Chinese investment in basic materials, metals and minerals at $10.9 billion in the second quarter.
Revenue from operations reached ₹902.97 crore, while net profit fell against a prior-year quarter that included a ₹474.43 crore GST input-credit gain.
