Profile
Sector:
Basic MaterialsIndustry:
Other Industrial Metals & MiningCountry:
United StatesIPO:
22 June 2020Website:
http://mpmaterials.comNext earnings report:
02 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:52:04 GMTDividend
Analysts recommendations
Institutional Ownership
MP Latest News
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 robust balance sheet and high-quality production offer resilience. The long-term bullish thesis remains strong. With a low valuation and significant short interest, MP Materials holds substantial upside potential. Investors should consider the stock's high-risk, high-reward nature for future gains.
"Last Call" is a lively business program led by Brian Sullivan, delving into the connection between finance, culture, and policy.
Investors looking into Mining - Miscellaneous stocks may be familiar with SSR Mining (SSRM) and MP Materials Corp. (MP). However, which of these two stocks offers a more promising value opportunity at the moment?
MP Materials Corp. (NYSE: MP) Q1 2024 Earnings Conference Call on May 2, 2024 at 5:00 PM ET. Company representatives include Martin Sheehan - Investor Relations, Jim Litinsky - Founder, Chairman, and CEO, Ryan Corbett - CFO, and Michael Rosenthal - Founder and COO. Conference call participants include Matt Somerville from D.A. Davidson & Co, George Gianarikas from Canaccord Genuity, Carlos de Alba from Morgan Stanley, David Dekelbaum from TD Cowen, Lawson Winder from Bank of America, Bill Peterson from JPMorgan, and Benjamin Kallo from Baird. The operator greets everyone with a good afternoon.
MP Materials announced that Gina Rinehart's mining company has acquired a 5.3% ownership in the company, expanding her portfolio of rare earth investments.
In the closing of the recent trading day, MP Materials Corp. (MP) stood at $14.74, denoting a -1.93% change from the preceding trading day.
MP Materials (MP) expects to start the commercial production of finished magnets in late 2025 in its U.S. facility.
Recently, Zacks.com users have been paying close attention to MP Materials (MP). This makes it worthwhile to examine what the stock has in store.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The latest trading day saw MP Materials Corp. (MP) settling at $13.82, representing a +1.17% change from its previous close.
What type of business is MP Materials?
MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine 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 cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.
What sector is MP Materials in?
MP Materials is in the Basic Materials sector
What industry is MP Materials in?
MP Materials is in the Other Industrial Metals & Mining industry
What country is MP Materials from?
MP Materials is headquartered in United States
When did MP Materials go public?
MP Materials initial public offering (IPO) was on 22 June 2020
What is MP Materials website?
https://mpmaterials.com
Is MP Materials in the S&P 500?
No, MP Materials is not included in the S&P 500 index
Is MP Materials in the NASDAQ 100?
No, MP Materials is not included in the NASDAQ 100 index
Is MP Materials in the Dow Jones?
No, MP Materials is not included in the Dow Jones index
When does MP Materials report earnings?
The next expected earnings date for MP Materials is 02 August 2024