The Molycorp Inc (NYSE:MCP) on May 7 announced financial and operating results for the first quarter 2014. The Company reported first quarter product sales volume of 3,518 metric tons (mt), a 10% increase over the fourth quarter 2013, at an average selling price (“ASP”) of $33.69 per kilogram. Net revenues for the first quarter were $118.5 million, a 4% decrease from the fourth quarter 2013. The Company reported a net loss of $0.40 per share for the quarter. The Company reported a net loss of $0.29 per share for the quarter on an adjusted non-GAAP basis. Molycorp Inc (NYSE:MCP) net profit margin is -90.00% and weekly performance is -26.85%. On last trading day company shares ended up $1.88. Analysts mean target price for the company is $4.10. Molycorp Inc (NYSE:MCP) distance from 50-day simple moving average is -38.68%.
On June 20,2014 The one stop service provider of comprehensive and integrated range of wood processing business, Rentech, Inc. (NYSE:RTK)is moving towards expanding its footprint and services in Chile. It has announced to take its wood chipping capacity and processing services in Chile. Further, it has also participated in strategic conference for outlining its strategies and goals for coming quarters.Rentech, Inc. (NASDAQ:RTK) shares advanced 3.04% in last trading session and ended the day on $198.80. RTK Gross Margin is 19.70% and its return on assets is 2.60%. Rentech, Inc. (NASDAQ:RTK) quarterly performance is 31.67%.
Analysts at RBC Capital lifted their price objective on shares ofSandstorm Gold (NASDAQ:SAND) from $9.00 to $9.50 in a research report issued to clients and investors on Wednesday. Sandstorm Gold Ltd. (NYSEMKT:SAND) shares moved up 5.60% in last trading session and was closed at $7.54, while trading in range of $7.16-47.69. Sandstorm Gold Ltd. (NYSEMKT:SAND) year to date performance is 76.58%.
On Jun 19, 2014 SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ:SCOK) a vertically-integrated coal and coke processor, announced that construction of the initial phase of its environmentally-friendly facility for the conversion of carbon dioxide into a clean-burning synthetic gas (syngas) has been completed. The facility is currently on target to begin operations and produce syngas in the fourth quarter of this calendar year.SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ:SCOK) ended the last trading day at $1.63. Company weekly volatility is calculated as 22.64% and price to cash ratio as 6.75. SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ:SCOK) showed a positive weekly performance of 25.38%.