Molycorp's (MCP +3.5%) stock price has lagged since its February secondary offering despite the...

|By:, SA News Editor

Molycorp's (MCP +3.5%) stock price has lagged since its February secondary offering despite the strong surge in rare earth commodity prices, but a J.P. Morgan report says shares are bound to catch up. "If we assumed current rare earth prices just stayed flat, MCP's NPV would be $215/share and our 2014 EPS would be $38."