13 hrs ago
Silicon Alley Insider
Rare Earth Metals Were Supposed To Be The 'Can't-Lose' Investment Of...
Rare Earth Metals Were Supposed To Be The 'Can't-Lose' Investment Of The Decade - Look How That Turned Out Molycorp went public in July 2010 at $14 per share, right as the price of rare earth minerals started to take off. The 2010 surge in rare earth prices prompted ZeroHedge to write : "Ever heard of the oxides of Lanthanum, Cerium, Neodymium, Praseodymium and/or Samarium? With price surges between 250% and 600% in one quarter, you may wish you have."
Fri Sep 12, 2014
Option Bears Busy as Molycorp Inc (MCP) Hits Record Low
Easily the most active strike is the March 1.50 put, where roughly 10,000 contracts are on the tape -- predominantly the result of three sweeps totaling 8,736 contracts. According to Trade-Alert and data from the International Securities Exchange , these bearish bets are being bought to open at a volume-weighted average price of $0.47.
Thu Sep 11, 2014
MOLYCORP, INC. FILES (8-K) Disclosing Entry into a Material...
MOLYCORP, INC. FILES Disclosing Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Unregistered Sale of Equity Securities , as administrative agent and first priority collateral agent.
Molycorp Announces Successful Closing of $400 Million Financing Arrangement
Molycorp, Inc. today announced the successful close of its previously announced $400 million financing arrangement with certain investment vehicles affiliated with Oaktree Capital Management, L.P. . Under the arrangement, Oaktree will provide Molycorp and certain of the Company's subsidiaries with up to $400 million in secured financing through credit facilities and the sale and leaseback of certain equipment at the Company's Mountain Pass facility .
Wed Sep 10, 2014
Rare Earth Prices Hitting Bottom: Molycorp On The Road To Being Cash Flow Positive
With stabile rare earth prices, Molycorp should be cash flow positive by the end of the year or Q1 2015, when production is fully operational. Molycorp, Inc. and other rare earth elements miners such as Lynas, Corp. are near their all time low price.
Tue Sep 09, 2014
The Motley Fool
Why Molycorp, Inc. Stock Crashed 71% in 2014
Its stock entered the new year riding higher on the wave of woes buffeting its biggest competitor outside of China, cresting at $6.33 per share on the first day of trading in 2014. Since then, however, it's all been one downhill ride, and there doesn't seem to be any way to stop the slide.
Mon Sep 08, 2014
Molycorp Placed On CreditWatch By S&P, Tests 52-Week Low
The stock is near its 52 week low of $1.61. With 60MM shares sold short, potential short covering could send the stock higher.
Thu Sep 04, 2014
Molycorp Target of Unusually Large Options Trading
Shares of Molycorp saw unusually large options trading on Thursday. Stock investors bought 10,030 call options on the stock, Analyst Ratings Network.com reports.
Fri Aug 29, 2014
Uncertainty Still Surrounds Molycorp
The financing will help the company survive for now and possibly attain its target of reaching full production capacity at its Mountain Pass mining facility.
Thu Aug 28, 2014
Herbalife's Convertible Bonds Signal Pain Ahead
Public attacks against its business model could hurt Herbalife's ability to grow its sales force, maintain revenue and cash flow.
Tue Aug 26, 2014
Molycorp: Conversation With Kamakura - What Did Bondholders Tell Us Prior To Q2 Earnings?
The subordinated notes confirmed that the company was impaired. The senior notes implied a pending event that could leave senior note holders with fewer claims on assets.
Mon Aug 25, 2014
Why TheStreet Ratings Team Rates Molycorp (MCP) Stock a 'Sell'
Shares of the rare earth and metal company were falling -7.14% to $1.75 in late afternoon trading.
Fri Aug 22, 2014
Molycorp Is Worth $1.35 Per Share
Molycorp, Inc. announced a net loss of $84 million and cash burn of $80 million for Q2 2014, leaving the company with $157 million of cash on hand.
Thu Aug 21, 2014
Molycorp: Sans Oaktree Financing, Q1 2015 Bankruptcy Likely
For a company whose market capitalization is under $1 billion, Molycorp, Inc. sure has a lot of rabid interest.