Molycorp Inc. (MCP): Today's Featured Metals & Mining Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 2.0%. By the end of trading, Molycorp rose $0.10 (1.7%) to $6.11 on light volume. Throughout the day, 4,633,571 shares of Molycorp exchanged hands as compared to its average daily volume of 6,652,100 shares. The stock ranged in a price between $6.02-$6.24 after having opened the day at $6.05 as compared to the previous trading day's close of $6.01. Other companies within the Metals & Mining industry that increased today were:
(
), up 20.0%,
(
), up 16.0%,
(
), up 9.4% and
(
), up 6.9%.
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 36.3% year to date as of the close of trading on Tuesday. 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 disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and generally high debt management risk.
- You can view the full Molycorp Ratings Report.
On the negative front,
(
), down 12.1%,
(
), down 10.0%,
(
), down 9.7% and
International Tower Hill Mines
(
), down 9.3% , were all laggards within the metals & mining industry with
(
) being today's metals & mining industry laggard.
- 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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