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
03/04/2014 [ACCESSWIRE]

Shares of rare earth miners were boosted by a narrower fourth-quarter loss and positive comments from Molycorp Inc. Monday. The company’s net loss shrank to $194.3 million, or $0.95 a share, for the fourth quarter of 2013, from $359.6 million, or $2.91 a share, a year ago. "Toward the end of 2013, we saw customers working into their inventories and some of that demand coming back, which is good," said Molycorp’s CEO Geoff Bedford. Here is how some rare earth companies reacted Monday:

Avalon Rare Metals Inc. (NYSEMKT: AVL)(TSX: AVL) shares traded in the range of $0.64 to $0.70 Monday before settling to close at $0.70, an increase of 4.48 percent. The stock appears to be facing some resistance at the $0.83 and $0.86 levels with some support at $0.66 and $0.59. Shares of Avalon Rare Metals have gained approximately 27.0 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 $5.18 to $5.46 Monday before settling to close at $5.25, an increase of 0.57 percent. The stock appears to be facing some resistance at the $5.25 and $5.58 levels with some support at $5.12 and $4.75. Shares of Molycorp have fallen approximately 6.0 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 $0.48 to $0.53 Monday before settling to close at $0.52, an increase of 4.0 percent. The stock appears to be facing some resistance at the $0.54 and $0.57 levels with some support at $0.48 and $0.41. Shares of Quest Rare Minerals have gained approximately 10.0 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 $1.67 to $1.89 Monday before settling to close at $1.81, an increase of 6.47 percent. The stock appears to be facing some resistance at the $1.87 and $2.12 levels with some support at $1.80 and $1.65. Shares of Rare Element Resources have gained approximately 16.0 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.

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Wall Street Fundamentals
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Email: editor@wallstreetfundamentals.com

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