MOLYCORP’s Q1 loss narrowed as the rare-earth mining company reported sharply higher selling prices and improved sales volume. full story ![]()
Greenwood Village-based Molycorp Inc. said on Thursday it planned to cut an unspecified number of jobs as it reported a fourth-quarter loss and booked an impairment charge related to its 2012
denverpost.com (3 months and 6 days ago)
Filed under: Investing Molycorp has reported its Q4 and 2012 results. For the quarter, consolidated net revenue came in at $134 million, an increase of 1% on a year-over-year basis. Adjusted net loss attributable to shareholders was $56 million ($0.45 per share). Analysts had been expecting revenue of $166 million and a per-share loss of $0.31. For the full year, top line...
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Molycorp Inc., owner of the largest rare-earths deposit outside China, said Thursday it needs more time to file its annual 10-K report so the company can determine the size of a "substantial" goodwill writedown.
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