Molycorp (MCP) Demand Improves but Co. Not Out of Woods on Pricing
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Molycorp (MCP) Surges on Surpise Beat, But Rare Earth Prices Remain in Focus
May 13, 2013 10:03 AM EDTAfter surging 31 percent Friday on the back of better-than-expected Q1 results and positive comments about demand, shares of Molycorp (NYSE: MCP) are up another 2 percent Monday. Analysts at Cowen note the positives in the quarter, but maintained a Hold rating given the softness in... More
Molycorp (MCP) and Tesla (TSLA) Rip, Shorts Limp into Weekend
May 10, 2013 11:43 AM EDTEarly trading action on Friday was highlighted by major rallies in two heavily shorted stocks, Molycorp (NYSE: MCP) and Tesla Motors (Nasdaq: TSLA). Besides being two of the favorite whipping boys for short traders, the rare earth miner and the car manufacturer have... More
Molycorp (MCP) Misses Q1 EPS by 6c
May 9, 2013 4:17 PM EDTMolycorp (NYSE: MCP) reported Q1 EPS of ($0.33), $0.06 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $146.4 million versus the consensus estimate of $137.52 million.
The Company reported negative cash flows from operating activities of $36.6 million during the quarter, and... More
