Metals & mining

Ivanhoe Mines (IVN)

C$11.20 −3.4% on the day·−26.7% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Sell14 / 100

Sell: 14 is at or below your Sell line of 40. Plays in (21%) scores 21 and lifts it; Off the high (−40% from its 1-year high) scores 0 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	IVN	Points	Weight	Adds
Plays in	21%	21	40	8.4
Off the high	−40% from its 1-year high	0	30	0.0
Trend	−12% vs 200-day	18	30	5.4

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for IVN

Factor	IVN	Points	What it is
Plays in	21%	21	The share of the plays you count that hold it now.
Analysts' upside	+38% · 15 analysts · capped: below 200-day	50	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	1.8 · buy	60	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	93.3×	10	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	19.1×	36	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	–	–	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth.
Price to sales	19.1×	6	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	1.9×	79	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	none	0	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	0%	29	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth	+58%	88	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin	23%	74	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	2%	21	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.22×	73	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−40% from its 1-year high	0	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	−12% vs 200-day	18	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	−27%	13	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	7/10 · very high	30	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on IVN

21 of the 100 plays hold IVN right now.
The trend-following, breakout and momentum plays mostly say out.
It closed 12% below its 200-day average and 40% below its 52-week high.
Crash exposure reads very high: it moves about 2.1× its index and fell about 1.9× as far as its index in past crashes.
Analysts' average 12-month target is C$15.45, 38% above the close (15 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in21 / 100Every play Be The Puck tests, in 7 families.

Crash exposureVery high7 of 10 on the storm test Mayer Multiple0.88×Price ÷ its 200-day average (−12%). Higher than on 32% of days since 2013. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about IVN now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn IVN: right 18 of 34 · Out since Sep 6, 2024 Breakouts & channelsP&F Double TopOUT37% of 36,314 calls rightOn IVN: right 52 of 143 · Out since Oct 8, 2026 Momentum12-1 MomentumOUT44% of 8,156 calls rightOn IVN: right 9 of 20 · Out since Aug 31, 2026 Mean reversionBollinger ReversionIN64% of 53,095 calls rightOn IVN: right 74 of 119 · In since Oct 8, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn IVN: right 18 of 30 · In since Nov 10, 2025 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn IVN: right 40 of 92 · Out since Aug 28, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn IVN: right 17 of 28 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

IVN, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved IVN lately

Its biggest move against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Tue Sep 8+13.9% against the S&P/TSX4.5× a normal day

IVN +12.8%, the S&P/TSX −1.1% that session; +7.0% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on IVN was found for this session. Be The Puck's headline archive for IVN starts Oct 1, so news stories from that day aren't in it. The S&P/TSX moved −1.1%. The 50 other Metals & mining stocks Be The Puck covers moved +0.1% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on IVN

All 100 plays, by family.

Trend following4 of 30 in Breakouts & channels0 of 15 in Momentum0 of 17 in Mean reversion9 of 15 in Volume & money flow3 of 9 in Candles & chart patterns1 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on IVN went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2012. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	OUT	Oct 6, 2026 −6.0%	Enter above C$11.85 (+5.8%)	26% 102/387	+4.0% / +6.1%	−68.7% / −89.8%
Bull Market Support BandBenjamin Cowen · weekly	IN	Aug 21, 2026 −9.5%	Exit below C$11.44 (+2.1%)	23% 18/77	+6.3% / +16.5%	−72.9% / −79.3%
Ripster EMA CloudRipster · daily	OUT	Oct 7, 2026 −3.5%	Enter above C$11.86 (+5.9%)	23% 54/236	−0.1% / +7.2%	−75.4% / −88.3%
Trend TemplateMark Minervini · daily	OUT	Feb 19, 2026 −28.2%	Not on one close	14% 17/120	+3.1% / +13.8%	−61.3% / −76.4%
Stage AnalysisStan Weinstein · weekly	OUT	Mar 6, 2026 −15.0%	Enter above C$16.21 (+44.7%)	24% 9/38	+12.4% / +13.1%	−48.9% / −79.3%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Mar 6, 2026 −15.0%	Enter above C$14.20 (+26.8%)	31% 13/42	+18.1% / +13.7%	−45.2% / −79.3%
10-Month SMAMeb Faber · month-end	OUT	Mar 31, 2026 −5.8%	Enter above C$12.54 (+12.0%)	41% 9/22	+15.8% / +17.0%	−42.1% / −79.3%
200-Day RulePaul Tudor Jones · daily	OUT	Sep 10, 2026 −12.3%	Enter above C$12.73 (+13.7%)	18% 17/92	+15.5% / +16.8%	−44.2% / −79.3%
Golden CrossMarket tradition · daily	OUT	Apr 16, 2026 −10.3%	Not on one close	35% 7/20	+12.1% / +16.8%	−53.0% / −79.3%
Granville 200-DayJoseph E. Granville · daily	OUT	Mar 11, 2026 −15.6%	Not on one close	16% 11/68	+13.8% / +13.7%	−47.2% / −79.3%
Hull Moving AverageAlan Hull · weekly	OUT	Oct 9, 2026 −3.4%	Enter above C$12.88 (+15.0%)	35% 30/86	+9.8% / +7.8%	−70.9% / −88.3%
Kaufman Adaptive MAPerry J. Kaufman · daily	OUT	Oct 6, 2026 −6.0%	Enter above C$11.81 (+5.5%)	26% 121/459	+2.0% / +6.0%	−65.6% / −89.8%
TEMA CrossoverPatrick G. Mulloy · daily	OUT	Sep 16, 2026 −5.3%	Enter above C$15.73 (+40.5%)	38% 61/160	+7.8% / +12.6%	−61.1% / −80.0%
Seykota 15/150Ed Seykota · daily	OUT	Mar 18, 2026 −1.9%	Enter above C$25.23 (+125.2%)	38% 6/16	+12.2% / +15.0%	−57.7% / −72.7%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Oct 8, 2026 +0.4%	Enter above C$13.21 (+18.0%)	29% 24/84	+7.6% / +7.6%	−63.7% / −86.5%
Ichimoku CloudGoichi Hosoda · daily	IN	Aug 10, 2026 −4.4%	Exit below C$11.11 (−0.8%)	26% 18/69	+7.5% / +6.8%	−65.9% / −88.3%
SupertrendOlivier Seban · daily	OUT	Sep 30, 2026 −4.2%	Enter above C$12.80 (+14.3%)	35% 38/109	+0.8% / +7.0%	−79.2% / −89.8%
Williams AlligatorBill Williams · daily	OUT	Oct 13, 2026 0.0%	Not on one close	38% 75/198	+3.8% / +7.0%	−62.7% / −89.8%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	OUT	Oct 7, 2026 −3.5%	Enter above C$13.11 (+17.1%)	35% 115/328	+7.7% / +6.8%	−70.1% / −89.8%
AroonTushar S. Chande · daily	OUT	Oct 8, 2026 +0.4%	Enter above C$13.79 (+23.1%)	38% 49/130	+4.0% / +6.4%	−79.8% / −89.8%
Parabolic SARJ. Welles Wilder Jr. · daily	OUT	Sep 15, 2026 −4.9%	Enter above C$12.17 (+8.7%)	37% 115/314	−5.0% / +6.4%	−78.9% / −89.8%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Apr 21, 2026 −2.5%	Not on one close	36% 37/102	+9.5% / +6.4%	−42.9% / −89.8%
MACD Zero LineGerald Appel · daily	OUT	Oct 7, 2026 −3.5%	Enter above C$13.36 (+19.3%)	31% 36/117	+1.6% / +5.8%	−76.5% / −89.8%
Zweig 4% ModelMartin Zweig · weekly	OUT	Sep 18, 2026 −6.7%	Enter above C$12.06 (+7.7%)	38% 81/212	+6.3% / +6.7%	−66.8% / −89.8%
MAMA/FAMA CrossJohn F. Ehlers · daily	OUT	Oct 1, 2026 −4.8%	Enter above C$21.54 (+92.3%)	33% 46/141	+3.5% / +5.8%	−70.6% / −89.8%
Schaff Trend CycleDoug Schaff · daily	IN	Sep 9, 2026 −16.8%	Not on one close	35% 53/153	−5.3% / +12.6%	−83.3% / −80.0%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	OUT	Oct 7, 2026 −3.5%	Enter above C$13.13 (+17.3%)	28% 34/120	+1.9% / +7.0%	−73.8% / −88.3%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	IN	Aug 17, 2026 −4.3%	Exit below C$11.37 (+1.5%)	32% 18/57	+8.6% / +7.0%	−69.9% / −88.3%
Elder Triple ScreenAlexander Elder · daily	OUT	Sep 18, 2026 −6.7%	Not on one close	34% 46/134	+3.5% / +14.6%	−51.8% / −79.3%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Sep 6, 2024 −29.2%	Not on one close	53% 18/34	+4.2% / +5.8%	−25.5% / −89.8%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Oct 8, 2026 +0.4%	Enter above C$12.92 (+15.4%)	37% 29/78	+6.6% / +7.0%	−60.2% / −89.8%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Sep 15, 2026 −4.9%	Enter above C$12.92 (+15.4%)	29% 25/86	+0.2% / +6.1%	−55.2% / −89.8%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Sep 15, 2026 −4.9%	Enter above C$13.79 (+23.1%)	31% 19/62	+0.2% / +6.1%	−66.4% / −89.8%
Clenow TrendAndreas F. Clenow · daily	OUT	Feb 19, 2026 −28.2%	Enter above C$13.65 (+21.9%)	30% 16/54	+5.1% / +7.0%	−49.4% / −88.3%
Darvas BoxNicolas Darvas · daily	OUT	Oct 8, 2026 +0.4%	Not on one close	35% 29/84	+6.3% / +7.0%	−74.1% / −89.8%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Sep 15, 2026 −4.9%	Enter above C$13.30 (+18.7%)	29% 29/99	+1.9% / +6.0%	−55.6% / −89.8%
Bollinger BreakoutJohn Bollinger · daily	OUT	Sep 15, 2026 −4.9%	Enter above C$12.76 (+13.9%)	34% 46/134	+1.9% / +7.0%	−68.3% / −89.8%
Chandelier ExitChuck LeBeau · daily	OUT	Sep 15, 2026 −4.9%	Enter above C$12.80 (+14.3%)	31% 42/136	+4.2% / +6.7%	−65.2% / −89.8%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	OUT	Sep 30, 2026 −4.2%	Enter above C$12.62 (+12.6%)	31% 40/130	−0.4% / +7.0%	−75.6% / −89.8%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	OUT	Oct 8, 2026 +0.4%	Enter above C$12.61 (+12.6%)	36% 52/143	+4.2% / +5.9%	−61.6% / −89.8%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Sep 24, 2026 −6.3%	Enter above C$12.37 (+10.4%)	27% 61/223	+9.1% / +6.4%	−60.4% / −89.8%
Acceleration BandsPrice Headley · daily	OUT	Sep 10, 2026 −12.3%	Not on one close	31% 40/130	+1.8% / +7.0%	−40.0% / −89.8%
TTM SqueezeJohn F. Carter · daily	OUT	Aug 17, 2026 −4.3%	Enter above C$15.38 (+37.3%)	45% 34/76	+5.1% / +6.0%	−25.7% / −89.8%
NR7 BreakoutToby Crabel · daily	OUT	Oct 6, 2026 −6.0%	Enter above C$12.13 (+8.3%)	35% 138/398	+5.1% / +6.4%	−61.3% / −89.8%
Bollinger SqueezeJohn Bollinger · daily	OUT	Sep 1, 2026 −1.8%	Enter above C$12.76 (+13.9%)	39% 11/28	+7.4% / +12.0%	−26.4% / −80.0%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	OUT	Jul 31, 2026 +11.2%	Enter above C$14.55 (+29.9%)	33% 8/24	+5.7% / +12.1%	−70.4% / −79.3%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	OUT	Aug 31, 2026 −7.5%	Not on one close	45% 9/20	+10.3% / +12.1%	−66.3% / −79.3%
Dual MomentumGary Antonacci · month-end	OUT	Jan 31, 2025 −28.3%	Enter above C$16.18 (+44.4%)	28% 5/18	+9.5% / +12.1%	−62.3% / −79.3%
Stocks on the MoveAndreas F. Clenow · daily	OUT	Oct 13, 2026 0.0%	Buy C$11.54–C$12.88 (+3.0%)	18% 16/88	+5.6% / +6.9%	−51.4% / −88.3%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Jun 28, 2024 −36.5%	Enter above C$17.87 (+59.6%)	40% 8/20	+6.9% / +13.6%	−57.3% / −79.3%
Levy Relative StrengthRobert A. Levy · weekly	OUT	Oct 9, 2026 −3.4%	Enter above C$11.98 (+7.0%)	25% 18/72	+7.8% / +10.6%	−64.6% / −83.9%
MACD Signal CrossGerald Appel · daily	OUT	Sep 15, 2026 −4.9%	Enter above C$12.96 (+15.8%)	36% 100/275	+3.7% / +5.8%	−59.7% / −89.8%
Elder ImpulseAlexander Elder · daily	OUT	Oct 6, 2026 −6.0%	Enter above C$11.75 (+4.9%)	30% 136/459	+0.2% / +5.8%	−69.2% / −89.8%
Know Sure ThingMartin J. Pring · daily	OUT	Sep 14, 2026 −9.2%	Enter above C$16.06 (+43.4%)	35% 72/204	−2.3% / +6.1%	−75.9% / −89.8%
Coppock CurveEdwin S. C. Coppock · month-end	OUT	Sep 30, 2026 −4.2%	Enter above C$13.00 (+16.1%)	30% 3/10	+17.0% / +24.2%	−68.3% / −62.5%
CCI +100Donald R. Lambert · daily	OUT	Sep 11, 2026 −12.5%	Enter above C$12.90 (+15.2%)	29% 105/366	+4.2% / +7.0%	−57.1% / −89.8%
TRIX Signal CrossJack K. Hutson · daily	OUT	Sep 16, 2026 −5.3%	Enter above C$19.64 (+75.3%)	40% 66/163	+2.0% / +7.0%	−81.2% / −88.3%
TSI Zero LineWilliam Blau · daily	OUT	Oct 7, 2026 −3.5%	Enter above C$13.40 (+19.6%)	29% 33/112	+4.0% / +7.0%	−73.4% / −88.3%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	OUT	Sep 30, 2026 −4.2%	Enter above C$11.33 (+1.2%)	33% 15/45	+18.8% / +12.1%	−68.0% / −79.3%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	OUT	Aug 31, 2026 −7.5%	Not on one close	40% 8/20	+12.2% / +29.0%	−66.3% / −62.5%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	OUT	Aug 31, 2026 −7.5%	Not on one close	28% 5/18	+3.9% / +12.1%	−68.0% / −79.3%
PMO Signal CrossCarl Swenlin · daily	OUT	Sep 16, 2026 −5.3%	Enter above C$13.84 (+23.5%)	36% 72/198	+9.6% / +12.6%	−53.8% / −80.0%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	IN	Mar 23, 2026 −1.9%	Not on one close	66% 19/29	+5.4% / +7.0%	−83.1% / −89.8%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Mar 23, 2026 −1.9%	Not on one close	56% 76/136	+1.9% / +16.8%	−25.9% / −79.3%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Mar 31, 2026 −5.8%	Not on one close	61% 112/184	+9.1% / +16.8%	−39.5% / −79.3%
Bollinger ReversionJohn Bollinger · daily	IN	Oct 8, 2026 +0.4%	Sell above C$11.92 (+6.4%)	62% 74/119	+1.6% / +7.0%	−78.7% / −89.8%
Stochastic 20/80George C. Lane · daily	IN	Oct 13, 2026 0.0%	Not on one close	60% 59/98	−2.7% / +7.0%	−80.6% / −89.8%
Williams %RLarry Williams · daily	IN	Sep 16, 2026 −5.3%	Not on one close	61% 106/173	+2.3% / +6.8%	−75.6% / −89.8%
DeMark 9-CountTom DeMark · daily	OUT	Jun 4, 2026 −10.6%	Not on one close	61% 27/44	+0.6% / +6.4%	−75.0% / −89.8%
Mayer MultipleTrace Mayer · daily	IN	Aug 1, 2013 +683.2%	Sell above C$30.78 (+174.8%)	–	+16.8% / +16.8%	−79.3% / −79.3%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Mar 23, 2026 −1.9%	Not on one close	63% 19/30	+5.6% / +12.6%	−21.3% / −80.0%
Laguerre RSIJohn F. Ehlers · daily	IN	Sep 22, 2026 −11.9%	Not on one close	46% 95/205	+0.9% / +6.0%	−64.9% / −89.8%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Sep 21, 2026 −9.1%	Not on one close	55% 152/277	+2.3% / +6.0%	−70.3% / −89.8%
IBS ReversionAlexander S. Pagonidis · daily	IN	Oct 13, 2026 0.0%	Sell above C$11.20 (0.0%)	55% 656/1193	+15.1% / +5.9%	−50.7% / −89.8%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	Apr 13, 2026 −6.7%	Not on one close	66% 38/58	+8.7% / +16.8%	−46.8% / −79.3%
Fisher TransformJohn F. Ehlers · daily	OUT	Oct 7, 2026 −3.5%	Enter above C$11.92 (+6.4%)	39% 248/643	+8.4% / +5.8%	−63.5% / −89.8%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Sep 30, 2026 −4.2%	Sell above C$11.93 (+6.5%)	63% 55/87	+3.3% / +6.6%	−70.4% / −89.8%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	OUT	Sep 28, 2026 −6.7%	Not on one close	26% 115/446	−3.6% / +7.0%	−79.2% / −89.8%
Chaikin Money FlowMarc Chaikin · daily	OUT	Sep 30, 2026 −4.2%	Not on one close	45% 53/118	+17.1% / +7.0%	−56.6% / −89.8%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Nov 10, 2025 −15.2%	Not on one close	60% 18/30	+9.4% / +7.0%	−67.9% / −89.8%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	May 28, 2026 −8.0%	Not on one close	38% 34/89	+3.7% / +12.4%	−54.7% / −79.3%
Force IndexAlexander Elder · daily	OUT	Sep 23, 2026 −8.1%	Enter above C$11.81 (+5.5%)	29% 118/406	+2.2% / +6.4%	−76.1% / −89.8%
Buff AveragesBuff Dormeier · daily	OUT	Sep 16, 2026 −5.3%	Enter above C$14.69 (+31.2%)	36% 83/230	+4.6% / +7.0%	−66.3% / −89.8%
Chaikin OscillatorMarc Chaikin · daily	OUT	Oct 6, 2026 −6.0%	Not on one close	31% 105/334	−3.1% / +7.0%	−71.1% / −89.8%
Volume Flow IndicatorMarkos Katsanos · daily	IN	Oct 8, 2026 +0.4%	Not on one close	28% 17/60	+12.6% / +12.3%	−64.7% / −79.3%
Klinger OscillatorStephen J. Klinger · daily	OUT	Oct 6, 2026 −6.0%	Buy C$11.39–C$12.71 (+1.7%)	33% 188/562	+1.4% / +7.1%	−65.7% / −87.6%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Aug 28, 2026 −7.4%	Enter above C$11.59 (+3.5%)	43% 40/92	−7.5% / +6.4%	−88.9% / −89.8%
HikkakeDaniel L. Chesler · daily	OUT	Jul 16, 2026 +12.2%	Not on one close	43% 18/42	+3.6% / +6.3%	−58.2% / −89.8%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	IN	Oct 9, 2026 −3.4%	Exit below C$11.01 (−1.7%)	45% 13/29	−2.7% / +7.0%	−54.0% / −89.8%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +1.8%	Buys Oct 30	61% 17/28	+8.8% / +5.9%	−68.7% / −89.8%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 28, 2026 −0.5%	Enter above C$12.30 (+9.8%)	57% 16/28	+3.7% / +5.8%	−77.8% / −89.8%
Seasonal TimingSy Harding · daily	OUT	Apr 30, 2026 +1.8%	Window opens Oct 16	48% 13/27	+0.6% / +5.8%	−77.9% / −89.8%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 −32.6%	Buys Dec 23	64% 18/28	+7.0% / +5.9%	−9.3% / −89.8%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 −8.6%	Buys Oct 29	50% 168/336	+12.7% / +5.9%	−39.9% / −89.8%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 −4.2%	Sells Jun 30	57% 4/7	+4.6% / +5.9%	−45.2% / −89.8%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −4.9%	Buys Nov 24	48% 120/252	+3.8% / +5.9%	−15.3% / −89.8%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +4.7%	Not on one close	50% 6/12	−7.1% / +6.1%	−79.9% / −89.8%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	47% 687/1459	−6.1% / +5.9%	−82.8% / −89.8%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 −5.3%	Buys Oct 27	49% 109/222	+3.0% / +5.9%	−25.5% / −89.8%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 −8.5%	Sells Oct 16	48% 166/346	−5.4% / +5.9%	−82.1% / −89.8%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Oct 17, 2012	Always in	–	+5.9%	−89.8%

If the market cracks: the storm test

How the storm test works

ExposureVery high7 of 10 points

Market swings3/3
Past crashes2/2
Debt2/3
Run-up0/2

It moves about 2.1× its index.
It fell about 1.9× as far as its index in past crashes.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · back to its old high Jun 2020

IVN−44%

TSX−37%

2022 bear market Jan 2022 to Jul 2022 · back to its old high Nov 2022

IVN−36%

TSX−14%

Beta2.10Moves about 2.1× as much as the TSX week to week.
Downside capture310%In months the TSX fell, this fell 310% as much on average.
Two-year change−42%
From 52-week high−40%
Debt to equity0.22×
Net debt / EBITDA7.2×Years of operating cash earnings it would take to pay off its debt.
Interest cover202.4×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Other Industrial Metals & Mining · Ivanhoe Mines Ltd., together with its subsidiaries, engages in the mining, development, and exploration of minerals and precious metals in Africa. The company explores gold, platinum, palladium, rhodium, nickel, copper, zinc, germanium, silver, and lead deposits.

Size and valuation
Market cap	C$16.0B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	$586M	Total sales.
P/E ratio	93.3×	Buyers pay C$93 for each C$1 of the last year's profit.
Forward P/E	19.1×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	1.9×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	23.5%	Keeps 23¢ of each dollar of sales as profit.
Revenue growth	+57.7%	Last quarter's sales against the same quarter a year earlier.
Earnings growth	0.0%	Same comparison for profit.
Return on equity	2.1%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	−$310M	Burning cash: needs savings or new money to keep going.

Balance sheet
Total equity	$5.9B	What it owns minus what it owes.
Total debt	$1.3B	Loans and bonds it has to pay back, with interest.
Cash	$635M	Cash and short-term investments on hand.
Debt to equity	0.22×	Comfortable.
Interest cover	202.4×	Interest is easily paid from profit.

Wall Street
Average analyst target	C$15.45	38% above the close, from 15 analysts (range C$11.95 to C$19.24).
Consensus rating	Buy	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

IVN: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Metals & mining: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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