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MP Materials NYSE:MP Stock Report

Last Price

US$20.81

Market Cap

US$3.4b

7D

-0.1%

1Y

23.0%

Updated

02 Dec, 2024

Data

Company Financials +

MP Stock Overview

Produces rare earth materials. More details

MP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MP Materials Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MP Materials
Historical stock prices
Current Share PriceUS$20.81
52 Week HighUS$21.70
52 Week LowUS$10.02
Beta2.23
11 Month Change14.15%
3 Month Change60.57%
1 Year Change22.99%
33 Year Change-50.14%
5 Year Changen/a
Change since IPO108.10%

Recent News & Updates

Analysts Have Lowered Expectations For MP Materials Corp. (NYSE:MP) After Its Latest Results

Nov 12
Analysts Have Lowered Expectations For MP Materials Corp. (NYSE:MP) After Its Latest Results

MP Materials: Everything Is Going According To The Plan

Nov 08

Recent updates

Analysts Have Lowered Expectations For MP Materials Corp. (NYSE:MP) After Its Latest Results

Nov 12
Analysts Have Lowered Expectations For MP Materials Corp. (NYSE:MP) After Its Latest Results

MP Materials: Everything Is Going According To The Plan

Nov 08

MP Materials Is Critical For Net-Zero Future, I'm Not Buying

Sep 26

Earnings Update: MP Materials Corp. (NYSE:MP) Just Reported And Analysts Are Trimming Their Forecasts

Aug 09
Earnings Update: MP Materials Corp. (NYSE:MP) Just Reported And Analysts Are Trimming Their Forecasts

Bearish: Analysts Just Cut Their MP Materials Corp. (NYSE:MP) Revenue and EPS estimates

Aug 06
Bearish: Analysts Just Cut Their MP Materials Corp. (NYSE:MP) Revenue and EPS estimates

Wrong On Timing, Right On Thesis: Why MP Materials Is Still A Strong Buy

Jun 30

MP Materials Corp. (NYSE:MP) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing

Jun 20
MP Materials Corp. (NYSE:MP) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing

MP Materials (NYSE:MP) Might Have The Makings Of A Multi-Bagger

Apr 28
MP Materials (NYSE:MP) Might Have The Makings Of A Multi-Bagger

MP Materials: Securing America's Future With Massive Short Squeeze Potential

Apr 15

Revenues Not Telling The Story For MP Materials Corp. (NYSE:MP)

Mar 22
Revenues Not Telling The Story For MP Materials Corp. (NYSE:MP)

MP Materials: A Potential Bargain At 52-Week Lows

Mar 12

Analysts Just Slashed Their MP Materials Corp. (NYSE:MP) Earnings Forecasts

Mar 04
Analysts Just Slashed Their MP Materials Corp. (NYSE:MP) Earnings Forecasts

MP Materials (NYSE:MP) Has A Somewhat Strained Balance Sheet

Jan 23
MP Materials (NYSE:MP) Has A Somewhat Strained Balance Sheet

MP Materials: The Only U.S. REE Producer With Top Notch Balance Sheet

Jan 17

MP Materials: Rare Earth Leader With Potential Significant Upside

Jan 10

MP Materials: Close To Complete Its Full Integration

Dec 16

MP Materials: Sell Before 2024 Or Hold For Revival Of Rare Earth Hype?

Nov 30

MP Materials (NYSE:MP) Shareholders Will Want The ROCE Trajectory To Continue

Nov 17
MP Materials (NYSE:MP) Shareholders Will Want The ROCE Trajectory To Continue

Energy Transition And Robots - Why MP Materials Has So Much Potential

Oct 17

MP Materials: Approaching My Buy Zone

Sep 20

MP Materials: Geopolitical Wager On REE Industry Fragmentation

Sep 13

MP Materials: It's A Good Time To Make A Move

Aug 16

MP Materials: Farm To Table, Mining Edition

Aug 09

Some Analysts Just Cut Their MP Materials Corp. (NYSE:MP) Estimates

Aug 06
Some Analysts Just Cut Their MP Materials Corp. (NYSE:MP) Estimates

Investors Will Want MP Materials' (NYSE:MP) Growth In ROCE To Persist

Aug 02
Investors Will Want MP Materials' (NYSE:MP) Growth In ROCE To Persist

Betting On America With MP Materials

Jul 06

Here's Why MP Materials (NYSE:MP) Has Caught The Eye Of Investors

Jun 22
Here's Why MP Materials (NYSE:MP) Has Caught The Eye Of Investors

MP Materials: Making Progress

May 24

News Flash: 10 Analysts Think MP Materials Corp. (NYSE:MP) Earnings Are Under Threat

May 11
News Flash: 10 Analysts Think MP Materials Corp. (NYSE:MP) Earnings Are Under Threat

Are MP Materials Corp. (NYSE:MP) Investors Paying Above The Intrinsic Value?

Mar 27
Are MP Materials Corp. (NYSE:MP) Investors Paying Above The Intrinsic Value?

Analysts Just Shaved Their MP Materials Corp. (NYSE:MP) Forecasts Dramatically

Feb 26
Analysts Just Shaved Their MP Materials Corp. (NYSE:MP) Forecasts Dramatically

MP Materials, Sumitomo forge rare earth supply deal in Japan

Feb 21

MP Materials (NYSE:MP) Shareholders Will Want The ROCE Trajectory To Continue

Jan 13
MP Materials (NYSE:MP) Shareholders Will Want The ROCE Trajectory To Continue

Some Confidence Is Lacking In MP Materials Corp.'s (NYSE:MP) P/E

Dec 16
Some Confidence Is Lacking In MP Materials Corp.'s (NYSE:MP) P/E

MP Materials Non-GAAP EPS of $0.36 beats by $0.06, revenue of $124.45M beats by $6.73M

Nov 03

MP Materials Corp. (NYSE:MP) Shares Could Be 48% Below Their Intrinsic Value Estimate

Nov 03
MP Materials Corp. (NYSE:MP) Shares Could Be 48% Below Their Intrinsic Value Estimate

Sell MP Materials: It's Still Expensive

Oct 21

MP Materials' (NYSE:MP) Returns On Capital Are Heading Higher

Oct 15
MP Materials' (NYSE:MP) Returns On Capital Are Heading Higher

MP Materials: Prices For Rare Earths Are Tumbling

Aug 15

Shareholder Returns

MPUS Metals and MiningUS Market
7D-0.1%-0.8%0.7%
1Y23.0%17.9%32.2%

Return vs Industry: MP exceeded the US Metals and Mining industry which returned 17.9% over the past year.

Return vs Market: MP underperformed the US Market which returned 32.2% over the past year.

Price Volatility

Is MP's price volatile compared to industry and market?
MP volatility
MP Average Weekly Movement7.4%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: MP has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MP's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2017681James Litinskympmaterials.com

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It 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.

MP Materials Corp. Fundamentals Summary

How do MP Materials's earnings and revenue compare to its market cap?
MP fundamental statistics
Market capUS$3.44b
Earnings (TTM)-US$59.34m
Revenue (TTM)US$184.07m

18.5x

P/S Ratio

-57.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MP income statement (TTM)
RevenueUS$184.07m
Cost of RevenueUS$157.90m
Gross ProfitUS$26.17m
Other ExpensesUS$85.52m
Earnings-US$59.34m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.36
Gross Margin14.22%
Net Profit Margin-32.24%
Debt/Equity Ratio88.4%

How did MP perform over the long term?

See historical performance and comparison