MP Materials Corp. (MP)
| Market Cap | 6.06B |
| Revenue (ttm) | 267.40M |
| Net Income (ttm) | 21.78M |
| Shares Out | 177.76M |
| EPS (ttm) | 0.60 |
| PE Ratio | 56.85 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,625,146 |
| Open | 33.95 |
| Previous Close | 33.97 |
| Day's Range | 33.50 - 34.59 |
| 52-Week Range | 10.80 - 51.77 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 45.13 (+32.3%) |
| Est. Earnings Date | Nov 4, 2021 |
About MP
MP Materials Corp. engages in the ownership and operation of integrated rare earth mining and processing facilities. It owns and operates the Mountain Pass facility located in the Western Hemisphere. The company 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. It offers neodymium and praseodymium that are rare earth elements, which in combination form neodymium-praseodymium. The company was incorporated in 2017 and ...
Financial Performance
In 2020, MP Materials's revenue was $134.31 million, an increase of 82.96% compared to the previous year's $73.41 million. Losses were -$21.83 million, 223.1% more than in 2019.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MP Materials stock is "Strong Buy." The 12-month stock price forecast is 45.13, which is an increase of 32.31% from the latest price.
News
MP Materials Announces Pricing of Upsized Secondary Public Offering of Common Stock by Selling Stockholders
MOUNTAIN PASS, Calif.--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced that on September 13, 2021, the Company priced its registered secondary public of...
MP Materials Announces Proposed Secondary Public Offering of Common Stock by Selling Stockholders
MOUNTAIN PASS, Calif.--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced the commencement, subject to market and other conditions, of a proposed registere...
MP Materials Earnings Perspective: Return On Invested Capital
According to Benzinga Pro, during Q2, MP Materials (NYSE:MP) earned $32.47 million, a 49.55% increase from the preceding quarter. MP Materials also posted a total of $73.12 million in sales, a 21.92% in...
Why Shares of MP Materials Sank 11% in August
Investors feared getting burned in August and hit the sell button.
MP Materials to Participate in Upcoming Virtual Conferences
MOUNTAIN PASS, Calif.--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team ...
MP Materials: Rare Earth Mining Company Is The Thing Behind The Thing For EVs, Other Sectors
Benzinga routinely examines a stock that might be considered a little under the radar. The company may not be well-known, but chances are the line of work it's in is pretty familiar.
MP Materials' (MP) Q2 Earnings & Sales Beat Estimates, Up Y/Y
MP Materials' (MP) Q2 results reflect gains from strong demand for rare earth materials and upbeat realized sales prices of rare earth oxide (REO) in concentrate.
Why MP Materials Stock Just Popped
MP beat earnings -- but what about the cash flow?
MP Materials posts record quarterly rare earths production at Mountain Pass, boosts EBITDA and net income
(Kitco News) - The company's adjusted net income increased by 583% year-over-year to $33.4 million in Q2 2021, mainly due to the higher Adjusted EBITDA.
MP Materials Reports Second Quarter 2021 Results
MOUNTAIN PASS, Calif.--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, today announced its financia...
What's in the Cards for MP Materials' (MP) Q2 Earnings?
MP Materials' (MP) second-quarter 2021 results are likely to benefit from higher volumes sold, increased realized pricing and gains stemming from its efficiency improvements efforts.
MP Materials Announces Timing of Second Quarter 2021 Financial Results and Webcast
MOUNTAIN PASS, Calif.--(BUSINESS WIRE)--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), the largest rare earth materials producer in the Western Hemisphere, will release its financial r...
US Takes to Bulk Up Rare Earth Production: 5 Stocks to Track
America is upping its game in rare earth production, which calls for keeping a track on stocks like BHP Group (BHP), Materion (MTRN), Tronox (TROX), MP Materials (MP) & Freeport-McMoRan (FCX).
Why Shares of MP Materials Bounced 15% Higher in the First Half of 2021
Investors seized the rare opportunity to pick up shares of this rare earth minerals producer.
MP Materials Corp. (MP) Gains But Lags Market: What You Should Know
In the latest trading session, MP Materials Corp. (MP) closed at $36.86, marking a +0.41% move from the previous day.
Why Shares of MP Materials Soared 31% in June
Interest in this rare earth mining company was heating up in the first days of summer.
MP Materials Corp. (MP) Stock Sinks As Market Gains: What You Should Know
MP Materials Corp. (MP) closed the most recent trading day at $37.56, moving -0.37% from the previous trading session.
With Many Tailwinds for MP Materials, There Is Plenty of Upside
Given that prices of rare earth metals should remain high in the long-term and its importance. Investors should consider MP stock.
MP Materials Stock Is Worth Watching as Rare Earth Materials Get Even Rarer
With a need to find rare earth outside of China, companies like MP Materials and its Mountain Pass project could thrive. The post MP Materials Stock Is Worth Watching as Rare Earth Materials Get Even Ra...
Why MP Materials, Canoo, and Nikola Stocks All Just Popped
Higher tariffs on Chinese rare earths could be coming down the pike.
MP Materials' Greatest Asset Is Its Strategic Value to America
Rare earth metals are critical to numerous industries, and MP Materials is a key supplier, giving it a pivotal role in American business. The post MP Materials' Greatest Asset Is Its Strategic Value to ...
5 Stocks to Watch as Rare Earth Exposure Rises in America
As America pushes toward achieving net-zero emission, the focus is on rare earth stocks like MP Materials (MP), Tronox (TROX), Materion Corp (MTRN), Freeport-McMoRan (FCX) & BHP Group (BHP)
The Value of Scarcity Will Propel MP Materials Stock Higher
The value of scarcity will propel this stock higher. MP stock is worth today's price and will likely move higher as production increases over time.
MP Materials Is An EV Play Worth Giving Your Attention
As de-SPACs go, MP Materials appears to have three things going for it that make MP stock an excellent long-term hold well into the future. The post MP Materials Is An EV Play Worth Giving Your Attent...