Molycorp (MCP) Gets Another Bump as China Shen Zhou (SHZ) Posts Strong Q4 Numbers
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More fuel for Molycorp's (NYSE: MCP) fire. Just now peer China Shen Zhou (AMEX: SHZ) reported swinging to profit for its fourth-quarter, from a loss of 8 cents per share to EPS of 4 cents. Revenue for the quarter came in at $12.4 million, versus $4.9 million reported last year.
Shares of China Shen Zhou are now up 13 percent while Molycorp is up 8.5 percent.
Shares of China Shen Zhou are now up 13 percent while Molycorp is up 8.5 percent.
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