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MP

MP - MP Materials Corp Stock Price, Fair Value and News

13.63USD-0.44 (-3.13%)Market Closed

Market Summary

MP
USD13.63-0.44
Market Closed
-3.13%

MP Alerts

  • 2 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

MP Stock Price

View Fullscreen

MP RSI Chart

MP Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

672.82

Price/Sales (Trailing)

10.92

EV/EBITDA

40.1

Price/Free Cashflow

-8.25

MP Price/Sales (Trailing)

MP Profitability

EBT Margin

5.53%

Return on Equity

0.29%

Return on Assets

0.14%

Free Cashflow Yield

-12.12%

MP Fundamentals

MP Revenue

Revenue (TTM)

206.4M

Rev. Growth (Yr)

-49.13%

Rev. Growth (Qtr)

18.15%

MP Earnings

Earnings (TTM)

3.3M

Earnings Growth (Yr)

-55.97%

Earnings Growth (Qtr)

201.41%

Breaking Down MP Revenue

Last 7 days

-8.1%

Last 30 days

-24.0%

Last 90 days

-1.9%

Trailing 12 Months

-41.6%

How does MP drawdown profile look like?

MP Financial Health

Current Ratio

10.29

Debt/Equity

0.82

Debt/Cashflow

-0.04

MP Investor Care

Buy Backs (1Y)

6.93%

Diluted EPS (TTM)

-0.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024206.4M000
2023457.0M377.4M305.5M253.4M
2022438.2M508.7M533.4M527.5M
2021173.6M216.3M275.0M332.0M
202088.6M103.9M119.1M134.3M
201900073.4M
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Tracking the Latest Insider Buys and Sells of MP Materials Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 28, 2024
corbett ryan
sold
-846,500
16.93
-50,000
chief financial officer
May 20, 2024
hoops elliot dean
gifted
-
-
13,778
general counsel and secretary
May 20, 2024
hoops elliot dean
gifted
-
-
-13,778
general counsel and secretary
May 17, 2024
hoops elliot dean
sold (taxes)
-80,957
18.25
-4,436
general counsel and secretary
May 16, 2024
mcknight andrew a.
sold
-5,741,740
18.07
-317,750
-
May 16, 2024
mcknight andrew a.
gifted
-
-
-86,000
-

1–10 of 50

Which funds bought or sold MP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-76.98
-8,779
2,000
-%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
added
65.67
189,000
1,167,000
0.01%
Jun 04, 2024
DekaBank Deutsche Girozentrale
reduced
-90.91
-1,264,000
87,000
-%
Jun 04, 2024
Aurora Investment Counsel
added
14.94
-637,889
929,943
0.53%
May 28, 2024
Verity Asset Management, Inc.
added
51.47
94,120
1,126,080
0.63%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
12.39
-159,000
675,000
0.01%
May 24, 2024
Cetera Investment Advisers
added
543
769,368
980,909
-%
May 20, 2024
Highlander Capital Management, LLC
reduced
-43.4
-6,231
4,290
-%
May 20, 2024
Virtu Financial LLC
new
-
356,000
356,000
0.03%
May 16, 2024
Pineridge Advisors LLC
sold off
-100
-1,906
-
-%

1–10 of 35

Are Funds Buying or Selling MP?

Are funds buying MP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MP
No. of Funds

Unveiling MP Materials Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 05, 2024
hancock prospecting pty ltd
5.3%
8,783,700
SC 13G
Feb 13, 2024
vanguard group inc
7.67%
13,635,712
SC 13G/A
Jan 26, 2024
blackrock inc.
7.1%
12,584,460
SC 13G
May 31, 2023
litinsky james h.
10.7%
18,941,416
SC 13D/A
May 26, 2023
jhl capital group llc
1.6%
2,815,096
SC 13D/A
May 18, 2023
qvt financial lp
4.98%
8,853,712
SC 13D/A
May 09, 2023
qvt financial lp
7.6%
13,501,578
SC 13D/A
Feb 09, 2023
vanguard group inc
5.51%
9,784,484
SC 13G
Feb 09, 2023
blackrock inc.
4.9%
8,770,378
SC 13G
Feb 08, 2023
blackrock inc.
5.0%
8,887,816
SC 13G

Recent SEC filings of MP Materials Corp

View All Filings
Date Filed Form Type Document
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 12, 2024
8-K
Current Report
May 28, 2024
144
Notice of Insider Sale Intent
May 28, 2024
4
Insider Trading
May 20, 2024
4
Insider Trading

Peers (Alternatives to MP Materials Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.3T
710.3M
-6.80% -0.23%
-37.6K
4.6K
-2.96% -94.29%
82.2B
9.7B
-13.45% 43.42%
34.88
8.48
-3.73% -11.90%
69.1B
23.8B
-10.28% 20.01%
17.88
2.9
10.30% 6.62%
47.1B
13.2B
-5.51% -4.43%
-17.59
3.58
13.70% -408.56%
37.6B
34.1B
-12.22% 2.32%
8.88
1.1
-14.07% -36.33%
15.9B
14.5B
-6.55% 8.30%
12.64
1.1
-12.23% -26.09%
MID-CAP
7.1B
21.9B
-16.61% -11.14%
16.15
0.32
-1.92% -15.58%
6.8B
10.5B
-5.34% 5.37%
-26.02
0.65
-11.40% 67.41%
5.8B
8.4B
-13.67% 4.41%
8.57
0.69
-8.32% -10.17%
2.3B
847.0M
8.70% 84.89%
-21.23
2.71
7.96% 2.02%
2.2B
1.6B
-6.31% -3.65%
26.83
1.39
-8.15% -14.39%
SMALL-CAP
1.4B
2.1B
-13.32% 55.09%
5.83
0.67
-17.61% 444.18%
475.8M
1.1B
-8.14% -67.54%
-6.16
0.41
-6.57% -146.25%
6.7M
12.0M
- -80.17%
-0.64
0.56
-48.46% 18.12%
996.8K
134.6M
- -92.29%
0.99
0.01
-14.16% -73.30%

MP Materials Corp News

Latest updates
MarketBeat4 hours ago

MP Materials Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue18.2%48,684,00041,205,00052,516,00064,024,00095,700,00093,245,000124,445,000143,562,000166,258,00099,109,00099,754,00073,118,00059,971,00042,178,00041,022,00030,391,00020,719,000-
Costs and Expenses8.4%81,116,00074,833,00070,052,00063,541,00062,738,00055,779,00045,278,00047,808,00051,234,00042,031,00045,661,00040,653,00038,262,00034,437,00024,868,00091,635,00018,073,000-
  S&GA Expenses-0.7%21,267,00021,416,00019,561,00018,865,00019,403,00019,707,00017,722,00018,120,00020,308,00015,660,00014,881,00012,647,00013,458,00012,247,5005,635,0005,843,0003,084,000-
EBITDA Margin6.0%0.350.330.450.560.630.670.670.650.610.530.430.38------
Interest Expenses100.0%--1,107,000-1,396,000-1,392,000-1,359,000-1,331,000-1,224,000-1,326,000-1,905,000-2,487,000-2,624,000-2,639,000-1,154,000-8,591,0001,713,0001,066,000803,000-
Income Taxes262.4%7,144,000-4,398,000-200,0005,517,0007,849,000-19,919,00020,934,00023,371,00027,762,0005,700,0008,803,0006,164,0004,491,000-17,847,000-125,000336,000--
Earnings Before Taxes214.4%23,633,000-20,657,000-4,476,00012,912,00045,296,00047,088,00084,111,00096,640,000113,313,00054,689,00051,566,00033,330,00020,610,0006,267,00014,502,000-62,155,0001,925,000-
EBT Margin-57.6%0.060.130.330.500.600.650.650.620.580.480.410.35------
Net Income201.4%16,489,000-16,259,000-4,276,0007,395,00037,447,00067,007,00063,177,00073,269,00085,551,00048,989,00042,763,00027,166,00016,119,00024,114,00014,627,000-62,491,0001,925,000-
Net Income Margin-83.1%0.020.100.350.460.530.550.510.490.470.410.400.38------
Free Cashflow-7.2%-92,964,000-86,751,000-47,670,000-45,806,000-18,971,000-83,168,0002,809,00031,239,00066,039,000-5,943,000-19,234,00013,241,000------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Assets0.8%2,3542,3362,3222,2892,2812,2382,1892,1011,9871,8901,8491,8181,7831,074346347224102
  Current Assets-2.2%1,1061,1311,1881,2241,2671,2941,3571,3491,3161,2771,2561,2461,2395611.002.00-27.00
    Cash Equivalents12.6%2962635489276511444286641,2331,1791,1791,1971,18253230.0039.005.0030.00
  Inventory14.0%10995.0077.0068.0062.0058.0062.0042.0040.0039.0034.0036.0035.0032.00---23.00
  Net PPE3.3%1,1961,1581,0981,0451,002936830750668611583561533502---46.00
Liabilities25.3%1,21697194692592992594793189788189591190722011713.00-120
  Current Liabilities-0.9%10810997.0076.0094.0097.0075.0066.0052.0060.0071.0090.0073.0043.004.001.001.0031.00
  Long Term Debt37.2%936682681680679678678677676675--------
    LT Debt, Non Current37.2%936682681680679678678677676675--------
Shareholder's Equity-16.7%1,1381,3661,3761,3651,3521,3131,2421,1711,0901,0099549078758545.005.000.00-
  Retained Earnings4.3%40238640240639936129423115872.0023.00-19.34-46.50-62.62-3.39-0.32-0.01-40.80
  Additional Paid-In Capital-4.3%9389809749599539519489409329369319269229168.005.000.0023.00
Shares Outstanding-7.2%165178178178177178176177176173173171------
Float----3,600---3,400---3,400---344--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Cashflow From Operations-198.4%-41,126-13,78111,0219,96855,49129,09594,55798,891120,97131,50722,49538,6349,3353,595-2,560-1,4923,734-
  Share Based Compensation20.5%7,4676,1956,2985,7307,0136,7617,8067,4409,7738,2084,5524,4985,6735,014----
Cashflow From Investing115.1%40,714-269,134-390,283265,926462,188-315,244-325,078-666,847-49,802-35,683-39,114-25,393-19,173-12,675-4,867-4,210-618-
Cashflow From Financing2556.7%32,920-1,340-978-777-6,822-4,756-651-873-17,911-3,501-880-1,303671,793485,775-2,54238,938-210-
  Buy Backs-200,800-----------------
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MP Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenue$ 48,684$ 95,700
Operating costs and expenses:  
Cost of sales (excluding depreciation, depletion and amortization) (including related party)35,59424,216
Selling, general and administrative21,26719,403
Depreciation, depletion and amortization18,3858,122
Start-up costs1,2874,669
Advanced projects and development4,2063,611
Other operating costs and expenses3772,717
Total operating costs and expenses81,11662,738
Operating income (loss)(32,432)32,962
Interest expense, net(2,857)(1,359)
Gain on early extinguishment of debt46,2650
Other income, net12,65713,693
Income before income taxes23,63345,296
Income tax expense(7,144)(7,849)
Net income$ 16,489$ 37,447
Earnings (loss) per share:  
Basic EPS (in USD per share)$ 0.09$ 0.21
Diluted (in USD per share)$ (0.08)$ 0.20
Weighted-average shares outstanding:  
Basic (in shares)174,556,850176,881,723
Diluted (in shares)186,791,826193,613,539
Rare earth concentrate (including related party)  
Total revenue$ 40,076$ 95,666
Other rare earth products  
Total revenue28134
NdPr oxide and metal (including related party)  
Total revenue$ 8,327$ 0

MP Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 296,468$ 263,351
Short-term investments650,299734,493
Total cash, cash equivalents and short-term investments946,767997,844
Accounts receivable, net of allowance for credit losses of $0 and $0, respectively (including related party)21,60010,029
Inventories108,50995,182
Government grant receivable19,30219,302
Prepaid expenses and other current assets10,0218,820
Total current assets1,106,1991,131,177
Non-current assets  
Property, plant and equipment, net1,196,4861,158,054
Operating lease right-of-use assets9,70510,065
Inventories14,53113,350
Equity method investment9,6479,673
Intangible assets, net8,5828,881
Other non-current assets8,8895,252
Total non-current assets1,247,8401,205,275
Total assets2,354,0392,336,452
Current liabilities  
Accounts and construction payable26,13927,995
Accrued liabilities73,98773,939
Other current liabilities7,4206,616
Total current liabilities107,546108,550
Non-current liabilities  
Asset retirement obligations5,5765,518
Environmental obligations16,53216,545
Long-term debt, net935,585681,980
Operating lease liabilities6,5736,829
Deferred government grant18,34917,433
Deferred income taxes121,877130,793
Other non-current liabilities4,2473,025
Total non-current liabilities1,108,739862,123
Total liabilities1,216,285970,673
Commitments and contingencies (Note 13)
Stockholders’ equity:  
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either period)00
Common stock ($0.0001 par value, 450,000,000 shares authorized, $178,319,495 and $178,082,383 shares issued, and 165,307,107 and 178,082,383 shares outstanding, as of March 31, 2024, and December 31, 2023, respectively)1817
Additional paid-in capital938,209979,891
Retained earnings402,215385,726
Accumulated other comprehensive income (loss)(130)145
Treasury stock, at cost, 13,012,388 and 0 shares, respectively(202,558)0
Total stockholders’ equity1,137,7541,365,779
Total liabilities and stockholders’ equity$ 2,354,039$ 2,336,452
MP
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. 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. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.
 CEO
 WEBSITEhttps://mpmaterials.com
 INDUSTRYMetals and Mining
 EMPLOYEES486

MP Materials Corp Frequently Asked Questions


What is the ticker symbol for MP Materials Corp? What does MP stand for in stocks?

MP is the stock ticker symbol of MP Materials Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MP Materials Corp (MP)?

As of Fri Jun 14 2024, market cap of MP Materials Corp is 2.25 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MP stock?

You can check MP's fair value in chart for subscribers.

What is the fair value of MP stock?

You can check MP's fair value in chart for subscribers. The fair value of MP Materials Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MP Materials Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MP Materials Corp a good stock to buy?

The fair value guage provides a quick view whether MP is over valued or under valued. Whether MP Materials Corp is cheap or expensive depends on the assumptions which impact MP Materials Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MP.

What is MP Materials Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, MP's PE ratio (Price to Earnings) is 672.82 and Price to Sales (PS) ratio is 10.92. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MP PE ratio will change depending on the future growth rate expectations of investors.