Ivanhoe Mines Up 3% (IVN)

Ivanhoe Mines Ltd. IVN shares spiked after Josh Brown, a Vice President at Fusion Analytics mentioned the name on CNBC. Brown said the company is a heavy miner in minerals, particularly silver, which seemed to move the name higher. At last check, shares were up 76 cents to $28.12, a gain of 2.7%. Ivanhoe Mines Ltd., through its subsidiaries, operates as a mineral exploration and development company. The company’s principal mineral resource property is the Oyu Tolgoi copper and gold mine development project located in southern Mongolia.