Molycorp (MCP): Q2 EPS of -$0.03 misses by $0.11. Revenue of $104.6M (+5% Y/Y) misses by $11M....

|By:, SA News Editor
Molycorp (MCP): Q2 EPS of -$0.03 misses by $0.11. Revenue of $104.6M (+5% Y/Y) misses by $11M. Prices "stabilized or declined at a much slower pace" in Q2. Company reaffirms annual production forecast of 8K-10K metric tons of REO equivalents. $306M in capex expected for remainder of year. Shares -8.6% AH. (PR)