TORONTO (miningweekly.com) – US rare earths producer Molycorp’s NYSE-listed stock on Monday fell more than 16.2% after the company reported that it had failed to make a profit for the third consecutive year. Greenwood Village, …
Today's chart is of Molycorp, Inc. (NYSE:MCP), a development stage company, which engages in the production and sale of rare earth oxides in the western hemisphere. Its rare earth products include oxides, metals, alloys, and magnets for …
It also cut EPS estimates and price target to $66 from $105 to reflect the recent drop in rare earth prices. The stock is off 21.11% today and down 16.19% year-to-date. Now Morgan Stanley has said the sell-off is hasty and recommends …
Strong revenue growth and a production ramp-up failed to give Molycorp a boost on Friday with the stock falling almost 2% by the close. The Colorado company, in the process of restarting full-scale mining and processing at Mountain Pass in …
--(BUSINESS WIRE)--Molycorp ... S.A. (Molymet), the world’s largest processor of the strategic metals molybdenum and rhenium, has agreed to invest approximately $390 million in Molycorp in exchange for 12.5 million shares of Molycorp …
Molycorp Inc. (MCP) announced the pricing of its public offering of $360 million aggregate principal amount (or up to an aggregate of $414 million aggregate principal amount if the underwriters of such offering exercise their over-allotment …
Molycorp (MCP) is up 400% from its August IPO, boosted in part by news that China will further restrict exports of rare earth metals (REEs) to meet domestic demand. Given the fact that China controls over 95% of world REE production, …
Shares of Molycorp (NYSE: MCP) are under heavy pressure early Tuesday after one of the biggest bulls covering the company downgraded the stock. JP Morgan's Michael Gambardella, who has had an Overweight rating on the stock …
Shares of Molycorp, which posted its results after the close of regular trading, closed more than 1 percent higher on Thursday at $25.43 in trading on the New York Stock Exchange. First-quarter adjusted profit rose to $18.3 million, or 18 …
Shares in Molycorp (NYSE:MCP), the U.S.’s only miner and processor of rare earths, plummeted Monday as the company unveiled it had missed a US$32.5 million interest payment on its senior secured notes. "The company has retained …