Molycorp (MCP) Receiving Positive Media Coverage, Analysis Finds
Press coverage about Molycorp (NYSE:MCP) has trended positive on Monday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Molycorp earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 44.4933744893772 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Molycorp (NYSE MCP) traded up 0% during trading on Monday, reaching $0. Molycorp has a 12-month high of $3.00.
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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