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Monday, April 11, 2011

Hot Sector of the Day - Rare Earth Metals

Shares of most Rare Earth Metal stocks are on rally mode today with most stocks up anywhere from 6% to 10%.  Molycorp, the US based rare earth company rose 6.94% to $71.85 per share, Canada based REE surged 10.12% to $15.88 per share and another Canadian rare earth company AVL also surged 8% to $10.02 per share.  Chinese based rare earth metal stocks SHZ and CHGS jumped 8.4% and 9.9% respectively.

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