Thompson Creek Metals Company Inc. (NYSE:TC)
CAPS Rating:
Thompson Creek Metals mines, mills, processes, and markets molybdenum products in Canada and the United States.
Thompson Creek Metals mines, mills, processes, and markets molybdenum products in Canada and the United States.
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TC's operating costs have been high due to recent investment in a new mine and due to weak commodity prices. Once the new mine gets up and running, we can expect earnings to increase. Even if it doesn't earn more, being at a steep discount to book value, it is a potential acquisition target.