Piper Jaffray Assumed Molycorp (MCP) at Neutral
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Goldman Maintains Neutral Rating on Molycorp (MCP)
March 15, 2013 10:16 AM EDTGoldman Sachs today maintained a Neutral rating on Molycorp (NYSE: MCP) with a price target of $6.00. The company reported Q4 results yesterday. Commenting on developments, analysts at Goldman Sachs said they think supply and demand in rare earths will be challenged this year... More
Molycorp (MCP) Posts Wider Q4 Loss; Sees 1st-Half 2013 Weaker
March 14, 2013 4:15 PM EDTMolycorp (NYSE: MCP) reported Q4 EPS of ($0.45), $0.14 worse than the analyst estimate of ($0.31). Revenue for the quarter came in at $134.3 million versus the consensus estimate of $165.98 million.
On its outlook, the company commented:
The Company expects its financial performance for the first half of 2013 is likely to... More
