Market Overview

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

Share:

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. (AMEX: SHZ) is down 4.5% this morning to $7.64, a loss of 36 cents.

Qiao Xing Universal Resources, Inc. (NASDAQ: XING) is dropping 5.6% to $2.69, a loss of 16 cents.

Rare Element Res Ltd Ordinary Shares (NYSE: REE) is down 58 cents to $16.16, a loss of 3.5%.

Molycorp (NYSE: MCP) is dropping $1.28 to $50.71, a loss of 2.5%.

Posted-In: Movers

 

Related Articles (MCP + REE)

Around the Web, We're Loving...

Get Benzinga's Newsletters