MP Materials Corp. (MP)
| Market Cap | 3.21B |
| Revenue (ttm) | 184.07M |
| Net Income (ttm) | -59.34M |
| Shares Out | 163.21M |
| EPS (ttm) | -0.55 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,337,929 |
| Open | 18.72 |
| Previous Close | 18.73 |
| Day's Range | 18.58 - 19.87 |
| 52-Week Range | 10.02 - 20.85 |
| Beta | 2.23 |
| Analysts | Buy |
| Price Target | 20.91 (+6.47%) |
| Earnings Date | Nov 7, 2024 |
About MP
MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. The company was founded in 2017 and is headquartered in Las Vegas, Nevada. [Read more]
Financial Performance
In 2023, MP Materials's revenue was $253.45 million, a decrease of -51.95% compared to the previous year's $527.51 million. Earnings were $24.31 million, a decrease of -91.59%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MP stock is "Buy." The 12-month stock price forecast is $20.91, which is an increase of 6.47% from the latest price.
News
MP Materials Corp. (MP) Baird 2024 Global Industrials Conference Transcript
MP Materials Corp. (NYSE:MP) Baird 2024 Global Industrials Conference November 13, 2024 11:15 AM ET Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants Ben Kallo ...
MP Materials: Everything Is Going According To The Plan
MP Material is the only fully vertically integrating Rare Earth mining company in the Western Hemisphere. It is finishing its complete transformation from the upstream (mining) and midstream (refining...
MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript
MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript
MP Materials Reports Third Quarter 2024 Results
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced financial and operational results for the three months ended September 30...
MP Materials Corp. (MP) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference (Transcript)
MP Materials Corp. (NYSE:MP) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference November 4, 2024 2:50 PM ET Company Participants Martin Sheehan - Head of Investor Relations Ryan S....
MP Materials to Participate in Upcoming Conferences
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The Gabelli Fund...
MP Materials Announces Date for Third Quarter 2024 Financial Results and Webcast
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the third quarter ended September 30, 2024, after the U.S. markets close on Thursday...
MP Materials Corp (MP) Trading Down 3.36% on Oct 2
Shares of MP Materials Corp (MP, Financial) fell 3.36% in mid-day trading on Oct 2. The stock reached an intraday low of $16.87, before recovering slightly to $16.95, down from its previous close of $...
Top 4 Materials Stocks That May Implode In Q3
As of Sept. 27, 2024, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
MP Materials: Its Critical Role In Rare Earth To Reward Patient Investors
MP Materials holds exclusive rights to the only U.S. REE mine, Mountain Pass, crucial for various industries, ensuring a unique business moat. Despite recent stock struggles, MP is poised for signific...
Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of t...
MP Materials Corp. (MP) Jefferies Global Industrial Conference (Transcript)
MP Materials Corp. (NYSE:MP) Jefferies Global Industrial Conference September 4, 2024 1:20 PM ET Company Participants James Litinski - Founder, Chairman and CEO Conference Call Participants Laurence ...
MP Materials Announces Increase to its Share Repurchase Program
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that its Board of Directors has approved a $300 million increase to the C...
20 stocks the bears can't easily short — and that's why you shouldn't buy them
Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.
Top 4 Materials Stocks Which Could Rescue Your Portfolio This Month
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
MP Materials Corp. (MP) Q2 2024 Earnings Call Transcript
MP Materials Corp. (NYSE:MP) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Martin Sheehan - Head of Investor Relations James H. Litinsky - Founder, Chairman, and Chi...
MP Materials Reports Second Quarter 2024 Results
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial and operational results for the three months ended June 30, 20...
These stocks stand to benefit if a Trump White House adopts a tougher stance on China
The possibility of another White House term for Donald Trump raises the prospect of the U.S. taking an even tougher stance on China — and a number of sustainability and mobility stocks would be set to...
MP Materials Announces Date for Second Quarter 2024 Financial Results and Webcast
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the second quarter ended June 30, 2024, after the U.S. markets close on Thursday, Au...
Wrong On Timing, Right On Thesis: Why MP Materials Is Still A Strong Buy
MP Materials' stock has fallen since April, despite its critical role in rare earth supply chains. The company remains well-positioned for future growth due to its strong production capabilities. A ro...
Glancy Prongay & Murray LLP Announces Investigation of MP Materials Corp. (MP)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of MP Materials Corp. (NYSE: MP) concerning the Company and its directors' and officers' possible violations ...
MP Materials to Participate in the J.P. Morgan 2024 Energy, Power and Renewables Conference
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that James Litinsky, Founder, Chairman, and Chief Executive Officer, will participate in the J.P. Morgan 20...
MP Materials to Participate in the Baird Global Consumer, Technology & Services Conference
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Baird Global Consumer, Technology & Ser...
EV market has 'significant competition' coming from China, says MP Materials CEO James Litinsky
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
MP Materials to Participate in TD Cowen 2nd Annual Sustainability Week
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the TD Cowen 2nd Annual Sustainability Week...