NYSE:MPMetals and Mining
Is It Too Late To Consider MP Materials (MP) After Rare Earth Supply Chain Tailwinds?
To figure out whether MP Materials stock still offers value after its strong run, you need to separate a compelling story about rare earths from what the current share price already reflects.
The stock last closed at US$72.65, with returns of 18.5% over 7 days, 42.0% over 30 days, 32.2% year to date, 207.6% over 1 year, 221.7% over 3 years and 192.9% over 5 years, so recent performance is front of mind for many investors.
Recent news around rare earth supply chains and US focused production...