| Molycorp reports 4Q loss | |
| | |
|
GREENWOOD VILLAGE, Colo. (AP) _ Molycorp Inc. (MCP) on Monday reported a loss of $329.8 million in its fourth quarter.
The Greenwood Village, Colorado-based company said it had a loss of $1.43 per share. Losses, adjusted for one-time gains and costs, were 39 cents per share.
The rare earth minerals company posted revenue of $116.2 million in the period.
For the year, the company reported that its loss widened to $604.9 million, or $2.70 per share. Revenue was reported as $475.6 million.
In the final minutes of trading on Monday, the company's shares hit 74 cents. A year ago, they were trading at $5.03.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCP at http://www.zacks.com/ap/MCP
_____
Keywords: Molycorp, Earnings Report
|
|
|
Molycorp Minerals LLC
|
|
DEVELOPMENT STAGE |
CODE : MCP |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Molycorp Minerals is a exploration company based in United states of america. Molycorp Minerals develops rare earth in USA. Its main asset in development is MOUNTAIN PASS in USA. Molycorp Minerals is listed in United States of America. Its market capitalisation is US$ 37.3 millions as of today (€ 34.1 millions). Its stock quote reached its highest recent level on December 28, 2012 at US$ 9.98, and its lowest recent point on January 30, 2015 at US$ 0.28. Molycorp Minerals has 103 950 000 shares outstanding. |