China Shen Zhou Mining Rises 15% On Rare Earth Strength (SHZ, REE, MCP)

Shares of rare earth miner China Shen Zhou Mining & Resources SHZ have surged 14.38% on Tuesday as money has been flowing into all of the rare earth plays. Investors should be forewarned, however, that SHZ has been caught up in the Chinese reverse merger fraud conversation, and the already volatile stock has suffered dearly as a result. In the last 3 months, SHZ shares have fallen around 48%. Nevertheless, the stock has risen more than 300% over the last 52-weeks. Other rare earth names that are performing today include Molycorp MCP, which is up 7.50% to $59.67 and Rare Element Resources REE which has gained almost 10% and is trading at $13.38.