May 13, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Diversified Metals & Mining industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Molycorp (NYSE:MCP) is highest with a beta of 2.0. Molycorp, Inc. produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications. In the past 52 weeks, Molycorp share prices have been bracketed by a low of $4.70 and a high of $25.92 and are now at $7.25, 54% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has slid 3.5%.
Horsehead (NASDAQ:ZINC) is next with a beta of 1.8. Finishing up the top three is China Shen Zhou Mining & Resources (AMEX:SHZ), with a beta of 1.8. ---------------------------------------------------------------------------------------------
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