MP MaterialsNYSE: MP

MP Materials (MP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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 Funds 48th Annual Automotive Symposium on Monday, November 4, 2024, at 2:50 p.m. Eastern Time. The Baird 2024 Global Industrial Conference on Wednesday, November 13, 2024, at 11:15 a.m. Eastern Time. Live webcasts and replays will be available at https://investors.mpmaterials.com/. About MP Materials MP Materials (NYSE:.

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 $17.54.

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 significant growth, with the potential to triple in price due to increasing demand and strategic partnerships. Key growth catalysts include ramped-up NdPr production, macroeconomic tailwinds, and strategic partnerships with Sumitomo and GM, enhancing its global supply chain role.

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 Alexander - Jefferies Laurence Alexander [Call Started Abruptly] afternoon session of the Jefferies Industrials Conference. First day of the Industrial Conference.

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Low prices for rare earth oxide resulted in another big loss for MP Materials this quarter. The rare earth mining stock is down on falling sales and a flip from profits to losses.

MP Materials Corp. (MP) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.09 per share a year ago.

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.