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Ivanhoe Mines (IVN) Shares Seeing Interest on Renewed Acquisition Talks

December 6, 2011 2:38 PM EST
IVN Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

Revenue Growth %: +99.0%
Shares of Ivanhoe Mines (NYSE: IVN) are seeing interest as rumors circulate that Rio Tinto (NYSE: RTP) will make a full takeover attempt of the company. According to sources at Bloomberg, after arbitration hearings between the companies concludes, restrictions on RTP's 49% stake will expire.


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