$5 And Under

Molycorp Inc. (MCP) Has Fallen To Over A 5-Week Low On 2013 Forecast

Molycorp Inc. (MCP) announced Thursday morning that it anticipates lower than expected revenue and cash flow for 2013, and is evaluating its capital needs for 2013.

Molycorp gapped open lower Thursday and has continued to decline in early trade. The stock is now down 2.68 at $8.11 on above average volume. The stock has dropped to nearly a month and a half low.

by RTTNews Staff Writer

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