Molycorp Inc (NYSE:MCP), announced its operating and financial reports for the first quarter of the year 2014. It is reported that the company’s sales volume for Q12014 has taken a leap of 10% from the fourth quarter of the last year to 3,518 metric tons. The average selling price also increased to $33.60 per kilogram. There was a 4% dip in the net revenue for this quarter ($118.5 million) in comparison to the last quarter of 2013. Molycorp Inc (NYSE:MCP), net profit margin is -77.10% and weekly performance is -35.92%. On last trading day company shares ended up $3.05. Analysts mean target price for the company is $6.33. Molycorp Inc (NYSE:MCP), distance from 50-day simple moving average (SMA50) is -36.97%.
On May 03, 2014, The world’s largest iron ore producer, Vale SA (ADR) (NYSE:VALE), has released its first quarter financial results. The first quarter of 2014 saw a sharp decline in iron ore prices amid a slowdown in China, which consumes around two-thirds of global seaborne iron ore. Not surprisingly, this had a negative impact on Vale’s quarterly results. Vale SA (ADR) (NYSE:VALE), fell 1.05% in last trading session and ended the day on $87.17. VALE, Gross Margin is 13.23% and its return on assets is 0.30%. Vale SA (ADR) (NYSE:VALE), quarterly performance is -5.43%.
Alpha Natural Resources, Inc. (NYSE:ANR), saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 55,713,339 shares, an increase of 12.0% from the March 31st total of 49,752,875 shares, American Banking and Market News reports. Based on an average trading volume of 11,818,018 shares, the days-to-cover ratio is currently 4.7 days. Currently, 25.7% of the shares of the company are short sold. Alpha Natural Resources, Inc. (NYSE:ANR), shares moved up 0.23% in last trading session and was closed at $4.29, while trading in range of $ 4.20 – 4.34. Alpha Natural Resources, Inc. (NYSE:ANR), year to date (YTD) performance is -39.92%.
Fitch Ratings has affirmed Peabody Energy Corporation (NYSE:BTU), Issuer Default Rating (IDR) at ‘BB’. A complete list of rating actions follows at the end of this release. Peabody Energy Corporation (NYSE:BTU), ended the last trading day at $18.66. Company weekly volatility is calculated as 1.77% and price to cash ratio as 9.96. Peabody Energy Corporation (NYSE:BTU), showed a negative weekly performance of 0.85%.