Is MP Materials a good stock to buy?
Is MP stock overvalued?
Why is MP Materials stock going up?
Who is shorting MP Materials?
Does MP materials pay a dividend?
Is MP materials a private company?
Is MP material public?
How many shares does MP Materials have?
| Avg Vol (3 month) 3 | 3.07M |
|---|---|
| Shares Outstanding 5 | 177.53M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 90.46M |
| % Held by Insiders 1 | 18.38% |
What sector is MP Materials in?
Is MP Materials a buy right now?
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MP Materials in the last year. There are currently 7 buy ratings...
When is MP Materials' next earnings date?
MP Materials is scheduled to release its next quarterly earnings announcement on Thursday, May 5th 2022. View our earnings forecast for MP Materia...
How were MP Materials' earnings last quarter?
MP Materials Corp. (NYSE:MP) released its quarterly earnings results on Thursday, February, 24th. The company reported $0.28 earnings per share for...
What price target have analysts set for MP?
7 brokers have issued twelve-month target prices for MP Materials' stock. Their forecasts range from $38.00 to $55.00. On average, they anticipate...
Who are MP Materials' key executives?
MP Materials' management team includes the following people: Mr. James Henry Litinsky , Chairman, Pres & CEO (Age 42) Mr. Ryan S. Corbett , Chi...
Who are some of MP Materials' key competitors?
Some companies that are related to MP Materials include First Quantum Minerals (FQVLF) , South32 (SOUHY) , Vedanta (VEDL) , Cleveland-Cliffs (C...
What is MP Materials' stock symbol?
MP Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "MP."
Who are MP Materials' major shareholders?
MP Materials' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.79%), S...
Which institutional investors are selling MP Materials stock?
MP stock was sold by a variety of institutional investors in the last quarter, including Susquehanna International Group LLP, Invesco Ltd., State S...
What happened
Shares of rare earth miner MP Materials ( MP -0.70% ) fell just shy of 15% in morning trading on Dec. 29. Although the shares were able to claw back some of the decline, they still ended the day off by around 11% or so. The backstory here is complex, but it all ties back to the company's creation.
So what
The year 2020 will be best remembered for the coronavirus pandemic. But the year also saw an increase in special purpose acquisition companies (SPACs or "blank check" companies ). These are companies that start life with no business. They effectively sell shares to the public with the promise to use the cash raised to buy another company.
Now what
Having only traded for a month or so at this point, MP Materials stock has roughly doubled in value. The rare earth story is quite attractive to Wall Street today, given the important role these metallic elements play in high-tech products like electric cars.
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What is the ticker symbol for MP materials?
MP Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "MP."
What is MP Materials' rating?
MP Materials has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
What is the P/E ratio of MP materials?
The P/E ratio of MP Materials is 67.72, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 16.48.
What percentage of MP materials is held by institutions?
75.29% of the stock of MP Materials is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Where is MP Materials located?
MP Materials is headquartered at 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105.
Who owns Mountain Pass Mine?
MP Materials Corp. engages in the ownership and operation of integrated rare earth mining and processing facilities. It owns and operates the Mountain Pass facility 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 neodymium and praseodymium that are rare earth elements, which in combination form neodymium-praseodymium. The company was incorporated in 2017 and is headquartered in Las Vegas, Nevada.
Does MP Materials pay dividends?
MP Materials does not currently pay a dividend.
MP Materials's Stock Price And Volume Action
MP Materials's (NYSE: MP) stock has been falling Tuesday, down 13.45% to a price of $39.34. The stock's current volume for the day is 4.23 million, which is approximately 67.88% of its previous 30-day average volume of 6.23 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: MP Materials shares are trading lower after the company reported an 8 million share common stock offering via selling shareholders.
Insights On Recent Price Action
The 50-day moving average price of MP Materials's stock was $37.84 when this article was published. The stock reached a high of $51.77 and a low of $15.45 in the past 52 weeks.
What is MP Materials?
Renewable energy stocks figured prominently on investors' minds in 2020, and MP Materials (NYSE: MP), a producer of rare earth minerals used in EVs, wind turbines, and other advanced technologies, was no exception.
What is the Vickers top buyer and seller report?
Daily – Vickers Top Buyers & Sellers for 08/13/2021 The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
Is time short for portfolio protection?
Time may be short to protect yourself from this threat to your portfolio.
Is the Dow Jones moving higher?
The Dow Jones Industrial Average moved higher in today's stock market as the major indexes traded near their intraday highs.
What is MP stock?
MP stock provides investors with an incredible “picks and shovels” play on electrification. By owning the resource underpinning the technological innovation of tomorrow, investors can obtain direct exposure to power secular growth with (arguably) significantly less risk.
Why is MP important?
Given the rather shaky state of U.S.-China relations these days, this is important. MP is largely viewed as a national priority from a political standpoint. Investors making a bet on MP are making a bet on the prioritization of domestic production of critical elements which could become a topic of national security in the years to come.
What is MP battery?
MP is a rare earth miner providing the key elements necessary for battery development today. As North America’s largest miner of rare-earth minerals, MP has gotten a lot of attention of late for good reason. The vast majority of rare-earth minerals produced globally currently come from China. MP provides absolutely mission-critical domestic supply ...
Does MP stock take a hit?
MP stock did take a hit after these announcements. However, the hope is that the long-term growth prospects arising from additional capital raises will outweigh the near-term dilutive nature of these raises.
Is MP a good investment?
For investors looking for top-notch mining exposure, MP is one of the best options to consider today, in my view.
Is MP water recyclable?
The company notes that around 95% of the water used is recyclable. Its dry tailings process also allows for the manufacture of reagents used in the separation and processing of rare-earth minerals. MP currently ships rare-earth concentrate abroad to be processed. In the future, the company hopes to be able to refine its rare earth concentrate ...
Will MP make NdPr magnets in 2025?
This would allow for the production of NdPr magnets. Accordingly, MP has targeted 2025 for the production of NdPr magnets.
