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Molycorp Inc. was an American mining corporation headquartered in Greenwood Village, Colorado. [1] The corporation, which was formerly traded on the New York Stock Exchange, [2] owned the Mountain Pass rare earth mine in California. It filed for bankruptcy in June 2015 after changing competitive circumstances, declining prices on output and a ...
It's been an up-and-down year for Molycorp (NYS: MCP) in 2011. The company ended 2010 on a high note as one of the year's best IPOs. But this year, the stock is down 32.2%, and there is a lot less ...
To those who observed with awe Molycorp's (NYS: MCP) astonishing five-bagger run within the first year after its 2010 initial public offering, the current share price would appear to have no context.
In 2008, Chevron sold the mine to privately-held Molycorp Minerals LLC, a company formed to revive the Mountain Pass mine. Molycorp announced plans to spend $500 million to reopen and expand the mine, and on July 29, 2010, it raised about $400 million through an initial public offering , selling 28,125,000 shares at $14 under the ticker symbol ...
There doesn't seem to be any relief from the continued downward pressure on Molycorp (NYS: MCP) and other potential rare-earth-mineral miners. Prices have been falling, which has had a huge impact ...
What: Shares of rare-earth miner Molycorp (NYS: MCP) fell 14% today after the company released earnings. So what: Revenue surged 39% from the second quarter to $138.1 million but fell short of the ...
AGT – (1) agitator, used in drilling. AGT – (2) authorised gas tester (certified by OPITTO) AGT – (3) Azerbaijan – Georgia – Turkey (a region rich in oil related activity) [3] AHBDF – along hole (depth) below Derrick floor. AHD – along hole depth. AHU – air handling unit. AICD – autonomous inflow control device.
Molycorp (NYS: MCP) carries $6.5 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could ...