Basic Material Gainers – Molycorp Inc (NYSE:MCP), Amyris Inc (NASDAQ:AMRS), Allied Nevada Gold (NYSEMKT:ANV), Rio Tinto plc (ADR) (NYSE:RIO)

Posted by on Jan 06, 2014

After a solid 12% run-up in share price on Thursday, Molycorp Inc (NYSE:MCP) has reversed direction during Friday’s trading session. TheStreet Ratings team rates MOLYCORP INC as a Sell with a ratings score of D. Molycorp Inc (NYSE:MCP) stock opened at $6.29 in last session, and closed at $6.01, while the day range of MCP stock is $5.91 – $6.45. The stock showed a positive weekly performance of 24.95%.

Amyris Inc (NASDAQ:AMRS) fell about 10% on extended profit-taking, retreating from high marked after the company declared an agreement to sell senior convertible promissory notes in a private placement for $28 million in cash proceeds. Amyris Inc (NASDAQ:AMRS) stock opened at $4.81, in last session and closed at $4.63, by losing -1.70%. The 52 week range of the stock is $2.17 – $6.11. Company’s market capitalization is $353.13 billion.

Allied Nevada Gold (AMEX:ANV)‘s stock had its “sector underperform” rating reiterated by equities research analysts at CIBC in a research note issued to investors on Friday, Stock Ratings News reports. Allied Nevada Gold Corp. (NYSEMKT: ANV) stock decreased -1.01% and finished the last session at $3.93. The EPS of the stock remained 0.35. Company’s market capitalization is $408.51 billion.

Rio Tinto plc (ADR) (NYSE:RIO) plans to conduct a review of its interest in the Pebble Mine copper, gold and molybdenum prospect, including whether to cut its ties with the proposed project in southwest Alaska, the London-based mining giant has said. Rio Tinto plc (ADR) (NYSE:RIO) stock opened the session at $55.31, and closed the session at $55.11. The 52 week range of the stock remained $39.14 – $58.90 and the day range was $55.01 – $55.51.

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