Wall Street Fundamentals Releases New In-Depth Stock Reports on AVL, MCP, QRM and REE


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Companies Mentioned

NYSE:AVL / NYSE:MCP / NYSE:QRM / NYSE:REE
12/16/2013 [ACCESSWIRE]

China, which controls approximately 80.0 percent of the world’s supply of rare earths, is looking to reduce its rare earths export quotas. Last week, China's Commerce Ministry announced that rare earth producers will be allowed to export 15,110 metric tons in the first round of 2014, compared 15,501 metric tons in the first-lot of 2013. "The reduction this time is small, but it all centered around the heavy varieties which are rare and unique to China," said Peng Bo, an analyst at Huachuang Securities Co. in Shenzhen.

Avalon Rare Metals Inc. (NYSEMKT: AVL)(TSX: AVL) shares traded in the range of $0.47 to $0.52 Friday before settling to close at $0.508, an increase of 9.46 percent. The stock appears to be facing some resistance at the $0.53, $0.61 and $0.66 levels. Shares of Avalon Rare Metals have fallen approximately 62.0 percent year-to-date.

More information on Avalon Rare Metals and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AVL

Molycorp Inc. (NYSE: MCP) shares traded in the range of $4.55 to $4.64 Friday before settling to close at $4.57, a decrease of 0.87 percent. The stock appears to be facing some resistance at the $4.58, $4.81 and $5.18 levels. Shares of Molycorp have fallen approximately 50.0 percent year-to-date.

More information on Molycorp and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/MCP

Quest Rare Minerals Ltd. (NYSEMKT: QRM)(TSX: QRM) shares traded in the range of $0.42 to $0.44 Friday before settling to close at $0.42, an increase of 2.44 percent. The stock appears to be facing some resistance at the $0.44 and $0.50 levels with some support at $0.41. Shares of Quest Rare Minerals have fallen approximately 60.0 percent year-to-date.

More information on Quest Rare Minerals and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/QRM

Rare Element Resources Ltd. (NYSEMKT: REE) shares traded in the range of $1.36 to $1.44 Friday before settling to close at $1.36, a decrease of 2.86 percent. The stock appears to be facing some resistance at the $1.59 and $1.96 levels with some support at $1.20. Shares of Rare Element Resources have fallen approximately 60.0 percent year-to-date.

More information on Rare Element Resources and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/REE

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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