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 companys principal mineral resource property is the Oyu Tolgoi copper and gold mine development project located in southern Mongolia.
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