Molycorp recovering a little ground in early trading:
Molycorp Inc. (MCP) rose 4.4 percent to $43.28. The owner of the largest rare-earth deposit outside China had its ?buy? rating reiterated by Anthony Young, an analyst at Dahlman Rose & Co., after the shares plunged 22 percent yesterday. Molycorp Chief Executive Officer Mark Smith told CNBC that he expects no change in supply and demand. Morgan Stanley forecast rare earth prices will stabilize in the fourth quarter.
Molycorp recovering a little ground in early trading:Molycorp...
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Last
$7.90 |
Change
0.050(0.64%) |
Mkt cap ! $7.384B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.76 | $28.26M | 3.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14205 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.91 | 44842 | 2 |
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| LYC (ASX) Chart |