Ivanhoe Mines: Position for a Recovery Year That Can Become a Platform Year
Ivanhoe Mines (IVPAF) looks set to convert operational improvements into a structural rerating. At $8.18, the stock trades well below its 52-week high of $15 while carrying a market cap of roughly $11.7B. We present a long trade aiming to capture a recovery-driven re-acceleration over the next 180 trading days, with defined entry, stop and target.