Molycorp Inc. (MCP): Today's Featured Metals & Mining Laggard
(
) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 2.0%. By the end of trading, Molycorp fell $0.15 (-2.4%) to $6.05 on light volume. Throughout the day, 5,540,576 shares of Molycorp exchanged hands as compared to its average daily volume of 7,886,500 shares. The stock ranged in price between $5.94-$6.25 after having opened the day at $6.17 as compared to the previous trading day's close of $6.20. Other companies within the Metals & Mining industry that declined today were:
(
), down 13.8%,
(
), down 7.1%,
(
), down 4.8% and
(
), down 4.6%.
Molycorp, Inc. produces and sells rare earth and rare metal materials in the United States and internationally. Molycorp has a market cap of $1.1 billion and is part of the basic materials sector. Shares are down 34.3% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Molycorp a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Molycorp
as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.
- You can view the full Molycorp Ratings Report.
On the positive front,
(
), up 30.0%,
(
), up 17.7%,
(
), up 15.2% and
(
), up 14.8% , were all gainers within the metals & mining industry with
(
) being today's featured metals & mining industry leader.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
(
) while those bearish on the metals & mining industry could consider
PowerShares DB Base Metals Sht ETN
(
).
- Find other investment ideas from our top rated ETFs lists.
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