Molycorp’s offer was 42 percent higher than Neo’s closing price of C$7.97 on Thursday on the Toronto Stock Exchange. The offer was above Neo’s peak of C$10.67 in April of last year when skyrocketing rare earth prices sent the equities …
(Reuters) - Molycorp Inc said on Monday that it had completed its takeover of Canadian rare earth processor Neo Material Technologies Inc , creating ... acquired as part of the Neo deal. The cash-and-stock deal, worth roughly C$1.2 billion …
The stock could get a relief bounce in New York today: Other rare earth names to watch include Molycorp (NYSE:MCP), Rare Element Resources (AMEX:REE) and Avalon Rare Metals (AMEX:AVL), not to mention specialized ETF in the …
Before the close, Molycorp’s shares were up more than 17 percent, at $32.73. The stock has more than doubled since it went public in late July, giving it a market value of $2.7 billion. Global demand for minerals that are used in clean …
If DR. Burba's assertions of the HREE pans out this would be a very bullish sign for Molycorp. I have written several articles on a fantastic stock, General Moly (GMO). General Moly is a U.S.-based mineral company engaged in the exploration, …
Shares of Neo, which gets almost a fifth of its revenue from Japan, were down about 4 percent at C$7.52 on the Toronto Stock Exchange. They fell 7 percent on Monday as well. Across the border, shares of Molycorp Inc MCP.N, the largest …
Friday headlines include more bad news from BlackBerry, Google prepping a watch and a game console, the SEC clears Molycorp, Pfizer's board ... Bobby Raines is the Managing Editor of the Market Intelligence Center. He has degrees in …
Molycorp's shares fell 1.1 percent to $24.64 after market open on the New York Stock Exchange.
The one active mine in the United States, operated by the company Molycorp in Mountain Pass ... Many companies currently dealing in rare earths have seen their stock valuations jump more than 500 percent on speculation alone, even …
* Shares of common stock of former Molycorp, Inc. are no longer available for trading on a public exchange Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles.