Rare Earth Names Lower On Last Day of 2010 (SHZ, MCP, XING, REE)

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The rare earth names are lower on the last day of 2010, as traders continue to take profits after huge run ups. China Shen Zhou Mining & Resources Inc.
SHZ
is down 4.5% this morning to $7.64, a loss of 36 cents. Qiao Xing Universal Resources, Inc.
XING
is dropping 5.6% to $2.69, a loss of 16 cents. Rare Element Res Ltd Ordinary Shares
REE
is down 58 cents to $16.16, a loss of 3.5%. Molycorp
MCP
is dropping $1.28 to $50.71, a loss of 2.5%.
Posted In: MoversCommunications EquipmentDiversified Metals & MiningInformation TechnologyMaterials
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