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MP Materials Corp. (MP)

NYSE: MP · IEX Real-Time Price · USD
33.90
-0.21 (-0.62%)
After-hours:Sep 17, 2021 7:58 PM EDT
34.11
0.14 (0.41%)
At close: Sep 17, 4:00 PM
Market Cap6.06B
Revenue (ttm)267.40M
Net Income (ttm)21.78M
Shares Out177.76M
EPS (ttm)0.60
PE Ratio56.85
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume4,625,146
Open33.95
Previous Close33.97
Day's Range33.50 - 34.59
52-Week Range10.80 - 51.77
Betan/a
AnalystsStrong Buy
Price Target45.13 (+32.3%)
Est. Earnings DateNov 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 ...

IndustryMetals & Mining
Employees300
Stock ExchangeNYSE
Ticker SymbolMP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$45.13
(32.31% upside)
Analyst Consensus: Strong Buy

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...

5 days ago - Business Wire

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...

5 days ago - Business Wire

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...

1 week ago - Benzinga

Why Shares of MP Materials Sank 11% in August

Investors feared getting burned in August and hit the sell button.

1 week ago - The Motley Fool

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 ...

2 weeks ago - Business Wire

7 High-Risk Stocks To Sell Before You Get Burned

The market is clearly dividing between winners and losers this summer. These seven stocks to sell could face a rough fall ahead.

3 weeks ago - InvestorPlace

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.

1 month ago - Benzinga

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.

1 month ago - Zacks Investment Research

Why MP Materials Stock Just Popped

MP beat earnings -- but what about the cash flow?

1 month ago - The Motley Fool

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.

1 month ago - Kitco

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...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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).

Other symbols:BHPFCXMTRNTROX
2 months ago - Zacks Investment Research

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.

2 months ago - The Motley Fool

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.

2 months ago - Zacks Investment Research

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.

2 months ago - The Motley Fool

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.

2 months ago - Zacks Investment Research

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.

3 months ago - InvestorPlace

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...

3 months ago - InvestorPlace

Why MP Materials, Canoo, and Nikola Stocks All Just Popped

Higher tariffs on Chinese rare earths could be coming down the pike.

Other symbols:GOEVNKLA
3 months ago - The Motley Fool

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 ...

3 months ago - InvestorPlace

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)

Other symbols:BHPFCXMTRNTROX
3 months ago - Zacks Investment Research

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.

3 months ago - InvestorPlace

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...

4 months ago - InvestorPlace