Molycorp (MCP +4.5%) has enjoyed substantial recent insider purchases, according to Insider...

|By:, SA News Editor

Molycorp (MCP +4.5%) has enjoyed substantial recent insider purchases, according to Insider Monkey. Director Ross Bhappu’s Resource Capital bought 2.5M shares at an average $10/share, CEO Mark Smith directly purchased 50K shares, and the company’s CFO and another board member also added shares.