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Ivanhoe Mines Ltd.

CA$12.00Last updated
+CA$0.00 (0.00%)Past day
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Ivanhoe Mines Ltd. (TSX: IVN) is trading at CA$12.00, about ₹812 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.00% today. Indian residents can buy Ivanhoe Mines from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$12.07
Previous close:CA$12.00
Volume:2.42M

Today's low

CA$11.92

Today's high

CA$12.13

52 week low

CA$9.45

52 week high

CA$20.34

IVN opened at CA$12.07, closed previously at CA$12.00, and has traded between CA$9.45 and CA$20.34 over the past 52 weeks.

About

Ivanhoe Mines Ltd., a company founded in 1993 and based in Vancouver, Canada, primarily focuses on the discovery, advancement, and extraction of diverse minerals and precious metals, predominantly within Africa. The firm targets deposits rich in substances such as platinum, palladium, nickel, copper, gold, rhodium, zinc, silver, germanium, and lead. Its significant operational sites include the Platreef project situated in South Africa's Bushveld Complex, the Kipushi project located in the Haut-Katanga Province of the Democratic Republic of Congo, and the Kamoa-Kakula project within the Central African Copperbelt. Furthermore, Ivanhoe Mines possesses full ownership of the Western Foreland exploration project, an area spanning approximately 2,407 square kilometers in the Democratic Republic of Congo. The company has also established a strategic alliance with China Nonferrous Metal Mining (Group) Co., Ltd. to jointly pursue opportunities in mineral project exploration, development, acquisition, production, smelting, and logistics throughout the African continent. The company adopted its current name, Ivanhoe Mines Ltd., in August 2013, having previously operated as Ivanplats Limited.

Country
CA
CEO
Martie Cloete
Exchange listed on
TSX
Industry
Industrial Materials
Base currency
CAD
Full Time Employees
6,800
Sector
Basic Materials
IPO date
17/10/2012

Key statistics

Avg. volume

3.97M

Market cap

CA$17.12B

P/E Ratio

87.03

Price-to-sales ratio

20.69

Enterprise value

$16.07B

Free cash flow yield

-3.06%

Debt-to-equity ratio

0.22

Return on equity

4.52%

ROIC

-0.52%

Beta

1.86

Dividend yield

0.00%

Last dividend

CA$0.00

Financial overview

Revenue

$449.35M

Earnings per share

$0.20

Free cash flow

-$477.48M

Net profit margin

23.46%

Gross margin

9.44%

EBITDA

$380.79M

Revenue growth

1000.85%

Similar securities

This is not an investment recommendation

How to buy Ivanhoe Mines from India

Indian residents can buy Ivanhoe Mines shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.

  3. Search for Ivanhoe Mines and place an order

    Find Ivanhoe Mines by name or by its ticker, IVN, and choose an order type. Ivanhoe Mines trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Ivanhoe Mines position in CAD and INR. Ivanhoe Mines pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Ivanhoe Mines from India

Trading and taxes when buying Ivanhoe Mines from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneIvanhoe Mines does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained

Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

Can Indian residents buy Ivanhoe Mines stock?

Yes. Ivanhoe Mines (IVN) has been listed on the Toronto Stock Exchange since 2012, in the Industrial Materials industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Ivanhoe Mines share cost in rupees?

One Ivanhoe Mines share is CA$12.00 — about ₹812 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Ivanhoe Mines price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Ivanhoe Mines from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

How are gains on Ivanhoe Mines shares taxed in India?

Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Ivanhoe Mines price. Paasa issues a capital-gains statement for your return.

Does Ivanhoe Mines pay a dividend?

No. Ivanhoe Mines does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Ivanhoe Mines from India?

The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.

Do I have to declare Ivanhoe Mines shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Ivanhoe Mines holding, its cost and its closing value.

How do I sell Ivanhoe Mines and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.

Does the rupee rate affect what I make on Ivanhoe Mines?

Yes. Ivanhoe Mines is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.