Molycorp (MCP) Reaches 15-Month Low, Down ~12.4% on Session
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Molycorp, Inc. (NYSE: MCP), continues lower, now down about 12.4 percent to $24.50. The level is the lowest its been since the end of September, 2010.
Earlier, JPMorgan lowered its price target from $57 to $39, citing weaker rare earths prices. For more color on the call, click here.
Earlier, JPMorgan lowered its price target from $57 to $39, citing weaker rare earths prices. For more color on the call, click here.
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