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

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.

Molycorp ( MCP) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining laggard. The industry as a whole closed the day up 1.3%. By the end of trading, Molycorp fell $0.72 (-9.7%) to $6.69 on heavy volume. Throughout the day, 16,207,519 shares of Molycorp exchanged hands as compared to its average daily volume of 7,853,800 shares. The stock ranged in price between $6.21-$6.75 after having opened the day at $6.48 as compared to the previous trading day's close of $7.41. Other companies within the Metals & Mining industry that declined today were: Sibanye Gold Ltd ADR ( SBGL), down 43.4%, Tonix Pharmaceuticals ( TNXP), down 30.2%, Asanko Gold ( AKG), down 14.6% and Quest Rare Minerals ( QRM), down 11.0%.

Molycorp, Inc. produces and sells rare earth and rare metal materials in the United States and internationally. Molycorp has a market cap of $1.3 billion and is part of the basic materials sector. Shares are down 25.2% year to date as of the close of trading on Thursday. 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 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 positive front, Walter Energy ( WLT), up 13.8%, International Tower Hill Mines ( THM), up 13.4%, Exeter Resource Corporation ( XRA), up 13.2% and James River Coal Company ( JRCC), up 11.8% , were all gainers within the metals & mining industry with ArcelorMittal ( MT) being today's featured metals & mining industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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