Shares of Molycorp Inc (NYSE:MCP) are trading at $0.86. The price is 86.7% off the 52-week high and 8.1% off the 52-week low. But, investors should exercise caution as the short interest is growing high at 36.25% of the floated shares. A high short interest indicates that the market is expecting further price decline in the coming sessions. Investors in Molycorp Inc (NYSE:MCP) witnessed a surge in their wealth as the shares shot up 1.16% or 0.01 points to close at $0.87. The trading commenced at $0.91 and the price never settled into the negative territory, finally ending the session in the positive territory; this indicates strong inherent strength in the upmove. The previous close of the counter was $0.86. Interestingly, the 52-week high of the share price is $6.45. At close, the volume was measured at 3,390,005 shares. With 244,775,000 shares outstanding, the market cap of the company is $213 million. The shares have a 52-week low of $0.7926.
www.marketsinsider.com/...lene-mines-corp-molycorp-inc/340877/ Keine Kauf-Verkaufsempfehlung. "Das Glück des einen ist das Unglück des anderen"