Molycorp Inc. (MCP): Today's Featured Metals & Mining Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Molycorp ( MCP) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 1.7%. By the end of trading, Molycorp rose $0.06 (1.1%) to $5.64 on light volume. Throughout the day, 3,455,599 shares of Molycorp exchanged hands as compared to its average daily volume of 6,741,800 shares. The stock ranged in a price between $5.39-$5.68 after having opened the day at $5.53 as compared to the previous trading day's close of $5.58. Other companies within the Metals & Mining industry that increased today were: Timberline Resources Corporation ( TLR), up 14.3%, China Gengsheng Minerals ( CHGS), up 8.6%, L & L Energy ( LLEN), up 7.3% and Silver Bull Resources ( SVBL), up 6.8%.
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Molycorp, Inc. produces and sells rare earth and rare metal materials in the United States and internationally. Molycorp has a market cap of $1.0 billion and is part of the basic materials sector. Shares are down 40.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Molycorp as a sell. 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.

On the negative front, Noranda Aluminum ( NOR), down 13.2%, Rubicon Minerals ( RBY), down 8.9%, Crosshair Energy ( CXZ), down 8.4% and Materion ( MTRN), down 7.2% , were all laggards within the metals & mining industry with Newmont Mining Corporation ( NEM) being today's metals & mining industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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