MP Materials/MP

$14.71

-1.93%
-
1D1W1MYTD1YMAX

About MP Materials

MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass). Processing of rare earth materials at Mountain Pass includes five primary process steps: mining and crushing; milling and flotation; roasting, leaching and impurity removal; separation and extraction; and product finishing. The Company produces a rare earth concentrate that is principally sold to Shenghe Resources (Singapore) International Trading Pte. Ltd. (Shenghe) which, in turn, sells that product to refiners in China. These refiners separate the constituent rare earth elements (REE) contained in the Company's concentrate and sell the separated products to their customers. The Company is expanding its manufacturing operations downstream to provide a full supply chain solution from materials to magnetics.

Ticker

MP

Sector

Basic Materials

Trading on

NYSE

Industry

Metal Mining

CEO

James Litinsky

Employees

486

Headquarters

Las vegas, United States

MP Materials Metrics

BasicAdvanced
$2.67B
Market cap
120.07
P/E ratio
$0.12
EPS
2.44
Beta
-
Dividend rate

What the Analysts think about MP Materials

Analyst Ratings

Majority rating from 13 analysts.
Buy

Price Targets

Average projection from 11 analysts.
86.61% upside
High $45.00
Low $17.00
$14.71
Current price
$27.45
Average price target

MP Materials Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-39.32% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$41.2M
-21.52%
Net income
$-16.2M
285.71%
Profit margin
-39.32%
391.5%

MP Materials Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4,100%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.42
$0.27
$0.09
$0.04
-
Expected
$0.17
$0.18
$0.06
-$0.00
-$0.01
Surprise
153.16%
49.58%
46.34%
-4,100%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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