Thompson Creek Metals Co. Dec 09
- ID: 1784233
- December 2009
- Standard & Poors
Very limited operating diversity Volatile revenue from molybdenum price fluctuations Capital-intensive nature of operations Intermediate financial risk profile Solid liquidity position The ratings on Denver, Col.-based Thompson Creek Metals Co. reflect what Standard & Poor's Ratings Services views as the company's vulnerable business risk profile highlighted by very limited operating diversity, volatile molybdenum prices, and the capital-intensive nature of its operations. Partially offsetting these factors are what we consider the company's intermediate financial risk profile and good liquidity position. Thompson Creek produces molybdenum, which is used primarily to produce steel and stainless steel alloy. Standard & Poor's views the company's business risk profile as vulnerable based on its limited operating diversity as a single commodity producer operating two open-pit mines....
Companies mentioned in this report are:
- Thompson Creek Metals Co. Inc.
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