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MP Materials Corp.

Industry

Industrial 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.

Open

18.31

Mkt cap

2.9B

Volume

343K

High

18.32

P/E Ratio

-34.61

52-wk high

20.85

Low

17.99

Div yield

N/A

52-wk low

10.02

MP Materials Corp. participated in the Baird 2024 Global Industrials Conference, with CFO Ryan Corbett representing the company. The conference included discussions with participants like Ben Kallo from Baird.

Portfolio Pulse from

November 13, 2024 | 6:00 pm

MP Materials Corp. reported a Q3 loss of $0.12 per share, slightly worse than the expected loss of $0.11 per share. However, the company exceeded revenue estimates.

Portfolio Pulse from

November 08, 2024 | 1:00 am

MP Materials Corp. participated in the Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference, with key company figures like Martin Sheehan and Ryan S. Corbett present.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

BMO Capital analyst Greg Jones maintains a Market Perform rating on MP Materials and raises the price target from $16 to $18.5.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 1:00 pm

Eight analysts have provided ratings on MP Materials (NYSE:MP) over the past three months, with a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 8.13% to $19.94. Analysts have adjusted their ratings and price targets, reflecting their views on MP Materials' market position and financial performance. Despite challenges in revenue growth and asset utilization, MP Materials maintains a strong market presence.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 6:01 pm

Analysts have varied opinions on MP Materials (NYSE:MP) with recent ratings showing a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 8.13% to $19.94. Analysts have adjusted their ratings and price targets, reflecting their views on MP Materials' market position and financial performance. Despite a decline in revenue growth, the company maintains a strong market position with a robust net margin and effective debt management.

Portfolio Pulse from Benzinga Insights

October 21, 2024 | 1:00 pm

JP Morgan analyst Bill Peterson maintains a Neutral rating on MP Materials but raises the price target from $15 to $18.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 12:23 pm

United Airlines reported better-than-expected earnings, leading to a 9.3% stock increase. Other stocks like Korro Bio, Wave Life Sciences, and Morgan Stanley also saw significant gains due to positive developments.

Portfolio Pulse from Avi Kapoor

October 16, 2024 | 2:23 pm

DA Davidson analyst Matt Summerville maintains a Buy rating on MP Materials and raises the price target from $20 to $23.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 5:38 pm

BMO Capital has maintained a Market Perform rating on MP Materials and raised its price target from $15.5 to $16.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:26 pm

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