Molycorp (MCP) Receives Coverage Optimism Rating of 0.22
News articles about Molycorp (NYSE:MCP) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Molycorp earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4933942814956 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, Ladenburg Thalmann Financial Services initiated coverage on Molycorp in a research report on Friday, June 2nd. They issued a “buy” rating and a $32.00 price target on the stock.
Molycorp (MCP) traded up 0% during midday trading on Tuesday, hitting $0. Molycorp has a 52-week high of $3.00.
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Molycorp Company Profile
Molycorp, Inc is a rare earths producer. The Company operates in four business segments: Resources, Chemicals and Oxides, Magnetic Materials and Alloys and Rare Metals. The Resources segment includes its operations at the Mountain Pass facility. The Chemicals and Oxides segment includes the production of rare earths at Molycorp Silmet; production of separated heavy rare earth oxides and other engineered materials from its Molycorp Jiangyin facility, and production of rare earths, salts of rare earth elements (REEs), zirconium-based engineered materials and mixed rare earth/zirconium oxides from its Molycorp Zibo facility.
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