MP Stock Price, MP Materials Corp Quote, Chart

Market Summary

USD16.50-0.34

Market Closed

-2.02%

MP Stock Price

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MP RSI Chart

MP Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

120.88

Price/Sales (Trailing)

11.59

EV/EBITDA

40.19

Price/Free Cashflow

-14.75

MP Price/Sales (Trailing)

MP Profitability

EBT Margin

13.05%

Return on Equity

1.78%

Return on Assets

1.04%

Free Cashflow Yield

-6.78%

MP Fundamentals

MP Revenue

Revenue (TTM)

253.4M

Rev. Growth (Yr)

-55.81%

Rev. Growth (Qtr)

-21.54%

MP Earnings

Earnings (TTM)

24.3M

Earnings Growth (Yr)

-124.26%

Earnings Growth (Qtr)

-280.24%

Breaking Down MP Revenue

Last 7 days

3%

Last 30 days

18.7%

Last 90 days

-1.3%

Trailing 12 Months

-38.5%

How does MP drawdown profile look like?

MP Financial Health

Current Ratio

10.42

Debt/Equity

0.5

Debt/Cashflow

0.09

MP Investor Care

Shares Dilution (1Y)

0.26%

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

Year	Q1	Q2	Q3	Q4
2023	457.0M	377.4M	305.5M	253.4M
2022	438.2M	508.7M	533.4M	527.5M
2021	173.6M	216.3M	275.0M	332.0M
2020	88.6M	103.9M	119.1M	134.3M
2019	0	0	0	73.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of MP Materials Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	lavan maryanne	acquired	-	-	1,865	-
Mar 31, 2024	duckworth connie k	acquired	-	-	1,989	-
Mar 16, 2024	corbett ryan	sold (taxes)	-4,017	13.9	-289	chief financial officer
Feb 26, 2024	hoops elliot dean	gifted	-	-	6,476	general counsel and secretary
Feb 26, 2024	hoops elliot dean	gifted	-	-	-6,476	general counsel and secretary
Feb 17, 2024	rosenthal michael stuart	sold (taxes)	-2,837,700	16.55	-171,462	chief operating officer
Jan 12, 2024	rosenthal michael stuart	acquired	-	-	77,158	chief operating officer
Jan 12, 2024	corbett ryan	acquired	-	-	74,347	chief financial officer
Jan 12, 2024	litinsky james h.	acquired	-	-	105,264	chairman and ceo
Jan 12, 2024	hoops elliot dean	acquired	-	-	45,997	general counsel and secretary

Which funds bought or sold MP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	AdvisorNet Financial, Inc	reduced	-5.36	-2,002	4,290	-%
Apr 12, 2024	A. D. Beadell Investment Counsel, Inc.	added	0.17	-80,000	207,000	0.18%
Apr 12, 2024	HARBOR INVESTMENT ADVISORY, LLC	unchanged	-	-5,550	14,300	-%
Apr 12, 2024	IMC-Chicago, LLC	added	214	861,850	1,544,210	-%
Apr 12, 2024	Financial Synergies Wealth Advisors, Inc.	sold off	-100	-122	-	-%
Apr 11, 2024	Fortitude Family Office, LLC	sold off	-100	-2,243	-	-%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	sold off	-100	-3,970	-	-%
Apr 10, 2024	MADDEN SECURITIES Corp	sold off	-100	-3,354,930	-	-%
Apr 10, 2024	Bruce G. Allen Investments, LLC	unchanged	-	-56.00	143	-%
Apr 10, 2024	AMERICAN NATIONAL BANK	sold off	-100	-19,850	-	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
Apr 05, 2024	SC 13G	Major Ownership Report
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 22, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 08, 2024	8-K	Current Report
Mar 04, 2024	8-K	Current Report
Feb 28, 2024	10-K	Annual Report
Feb 27, 2024	4	Insider Trading
Feb 22, 2024	8-K	Current Report

Peers (Alternatives to MP Materials Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	88.2B	9.9B	10.77%	41.66%	36.23	8.91	-1.51%	-8.06%
FCX	71.8B	22.9B	12.15%	15.92%	19.13	3.14	0.33%	-16.25%
NUE	46.7B	34.7B	2.94%	32.72%	10.32	1.35	-16.38%	-40.52%
NEM	44.3B	11.8B	13.46%	-22.37%	-17.76	3.75	-0.86%	-481.35%
RS	18.7B	14.8B	1.44%	32.47%	13.94	1.26	-13.03%	-27.33%
CLF	10.6B	22.0B	7.44%	22.29%	23.51	0.48	-4.32%	-67.30%
MID-CAP
AA	6.6B	10.6B	20.14%	-9.48%	-9.93	0.62	-15.26%	-3472.97%
CMC	6.5B	8.4B	3.41%	17.34%	9.49	0.77	-8.32%	-10.17%
HL	3.4B	720.2M	22.94%	-18.69%	-39.79	4.65	0.18%	-125.49%
MTRN	2.6B	1.7B	-3.60%	9.63%	26.94	1.55	-5.23%	11.29%
SMALL-CAP
CDE	1.7B	821.2M	37.42%	10.07%	-16.7	2.11	4.53%	-32.65%
CENX	1.6B	2.2B	47.26%	87.94%	-38.2	0.75	-21.31%	-205.67%
CMP	567.2M	1.2B	-26.97%	-56.55%	-9.7	0.48	-5.61%	-206.82%
AUMN	9.9M	12.0M	112.50%	-89.49%	-1.07	0.83	-48.46%	6.84%
GLG	989.3K	24.0M	-	-93.75%	-0.26	0.04	1023.39%	-191.99%

MP Materials Corp News

Latest updates

MP Materials Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	-21.5%	41,205,000	52,516,000	64,024,000	95,700,000	93,245,000	124,445,000	143,562,000	166,258,000	99,109,000	99,754,000	73,118,000	59,971,000	42,178,000	41,022,000	30,391,000	20,719,000	-
Costs and Expenses	6.8%	74,833,000	70,052,000	63,541,000	62,738,000	55,779,000	45,278,000	47,808,000	51,234,000	42,031,000	45,661,000	40,653,000	38,262,000	34,437,000	24,868,000	91,635,000	18,073,000	-
S&GA Expenses	9.5%	21,416,000	19,561,000	18,865,000	19,403,000	19,707,000	17,722,000	18,120,000	20,308,000	15,660,000	14,881,000	12,647,000	13,458,000	12,247,500	5,635,000	5,843,000	3,084,000	-
EBITDA Margin	-27.0%	0.33	0.45	0.56	0.63	0.67	0.67	0.65	0.61	0.53	0.43	0.38	-0.09	-	-	-	-	-
Interest Expenses	20.7%	-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	-8,591,000	1,713,000	1,066,000	803,000	-
Income Taxes	-2099.0%	-4,398,000	-200,000	5,517,000	7,849,000	-19,919,000	20,934,000	23,371,000	27,762,000	5,700,000	8,803,000	6,164,000	4,491,000	-17,847,000	-125,000	336,000	-	-
Earnings Before Taxes	-361.5%	-20,657,000	-4,476,000	12,912,000	45,296,000	47,088,000	84,111,000	96,640,000	113,313,000	54,689,000	51,566,000	33,330,000	20,610,000	6,267,000	14,502,000	-62,155,000	1,925,000	-
EBT Margin	-60.5%	0.13	0.33	0.50	0.60	0.65	0.65	0.62	0.58	0.48	0.41	0.35	-0.12	-	-	-	-	-
Net Income	-280.2%	-16,259,000	-4,276,000	7,395,000	37,447,000	67,007,000	63,177,000	73,269,000	85,551,000	48,989,000	42,763,000	27,166,000	16,119,000	24,114,000	14,627,000	-62,491,000	1,925,000	-
Net Income Margin	-72.8%	0.10	0.35	0.46	0.53	0.55	0.51	0.49	0.47	0.41	0.40	0.38	-0.04	-	-	-	-	-
Free Cashflow	-82.0%	-86,751,000	-47,670,000	-45,806,000	-18,971,000	-83,168,000	2,809,000	31,239,000	66,039,000	-5,943,000	-19,234,000	13,241,000	-9,963,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																	(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Assets	0.6%	2,336	2,322	2,289	2,281	2,238	2,189	2,101	1,987	1,890	1,849	1,818	1,783	1,074	346	347	224	102
Current Assets	-4.8%	1,131	1,188	1,224	1,267	1,294	1,357	1,349	1,316	1,277	1,256	1,246	1,239	561	1.00	2.00	-	27.00
Cash Equivalents	-51.9%	263	548	927	651	137	428	664	1,233	1,179	1,179	1,197	1,182	532	30.00	39.00	5.00	30.00
Inventory	23.3%	95.00	77.00	68.00	62.00	58.00	62.00	42.00	40.00	39.00	34.00	36.00	35.00	32.00	-	-	-	23.00
Net PPE	5.5%	1,158	1,098	1,045	1,002	936	830	750	668	611	583	561	533	502	-	-	-	46.00
Liabilities	2.6%	971	946	925	929	925	947	931	897	881	895	911	907	220	117	13.00	-	120
Current Liabilities	11.9%	109	97.00	76.00	94.00	97.00	75.00	66.00	52.00	60.00	71.00	90.00	73.00	43.00	4.00	1.00	1.00	31.00
Long Term Debt	0.1%	682	681	680	679	678	678	677	676	675	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.1%	682	681	680	679	678	678	677	676	675	-	-	-	-	-	-	-	-
Shareholder's Equity	-0.7%	1,366	1,376	1,365	1,352	1,313	1,242	1,171	1,090	1,009	954	907	875	854	5.00	5.00	0.00	-
Retained Earnings	-4.0%	386	402	406	399	361	294	231	158	72.00	23.00	-19.34	-46.50	-62.62	-3.39	-0.32	-0.01	-40.80
Additional Paid-In Capital	0.6%	980	974	959	953	951	948	940	932	936	931	926	922	916	8.00	5.00	0.00	23.00
Shares Outstanding	0.2%	178	178	178	178	178	176	176	176	173	173	171	169	-	-	-	-	-
Float	-	-	-	3,600	-	-	-	3,400	-	-	-	3,400	-	-	-	344	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-225.0%	-13,781	11,021	9,968	55,491	29,095	94,557	98,891	120,971	31,507	22,495	38,634	9,335	3,595	-2,560	-1,492	3,734	-
Share Based Compensation	-1.6%	6,195	6,298	5,730	7,013	6,761	7,806	7,440	9,773	8,208	4,552	4,498	5,673	5,014	-	-	-	-
Cashflow From Investing	31.0%	-269,134	-390,283	265,926	462,188	-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 Financing	-37.0%	-1,340	-978	-777	-6,822	-4,756	-651	-873	-17,911	-3,501	-880	-1,303	671,793	485,775	-2,542	38,938	-210	-

MP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Total revenue	$ 253,445	$ 527,510	$ 331,952
Operating costs and expenses:
Cost of sales (excluding depreciation, depletion and amortization) (including related party)	92,714	92,218	76,253
Selling, general and administrative	79,245	75,857	56,646
Depreciation, depletion and amortization	55,709	18,356	24,382
Start-up costs	21,330	7,551	378
Advanced projects and development	14,932	4,249	4,195
Other operating costs and expenses	7,234	1,868	4,753
Total operating costs and expenses	271,164	200,099	166,607
Operating income (loss)	(17,719)	327,411	165,345
Interest expense, net	(5,254)	(5,786)	(8,904)
Other income, net	56,048	19,527	3,754
Income before income taxes	33,075	341,152	160,195
Income tax expense	(8,768)	(52,148)	(25,158)
Net income	$ 24,307	$ 289,004	$ 135,037
Earnings per share:
Basic (in USD per share)	$ 0.14	$ 1.64	$ 0.78
Diluted (in USD per share)	$ 0.14	$ 1.52	$ 0.73
Weighted-average shares outstanding:
Basic (in shares)	177,181,661	176,519,203	173,469,546
Diluted (in shares)	178,152,212	193,453,087	189,844,028
Rare earth concentrate (including related party)
Total revenue	$ 252,468	$ 517,267	$ 328,563
NdPr oxide and metal
Total revenue	695	0	0
Other rare earth products (including related party)
Total revenue	$ 282	$ 10,243	$ 3,389

MP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 263,351	$ 136,627
Short-term investments	734,493	1,045,718
Total cash, cash equivalents and short-term investments	997,844	1,182,345
Accounts receivable, net of allowance for credit losses of $0 and $0, respectively (including related party)	10,029	32,856
Inventories	95,182	57,554
Government grant receivable	19,302	0
Prepaid expenses and other current assets	8,820	21,073
Total current assets	1,131,177	1,293,828
Non-current assets
Property, plant and equipment, net	1,158,054	935,743
Operating lease right-of-use assets	10,065	99
Inventories	13,350	5,744
Equity method investment	9,673	0
Intangible assets, net	8,881	89
Other non-current assets	5,252	2,284
Total non-current assets	1,205,275	943,959
Total assets	2,336,452	2,237,787
Current liabilities
Accounts and construction payable	27,995	15,326
Accrued liabilities	73,939	56,939
Income taxes payable	0	21,163
Other current liabilities	6,616	4,053
Total current liabilities	108,550	97,481
Non-current liabilities
Asset retirement obligations	5,518	5,295
Environmental obligations	16,545	16,580
Long-term debt, net	681,980	678,444
Operating lease liabilities	6,829	15
Deferred government grant	17,433	0
Deferred income taxes	130,793	122,353
Other non-current liabilities	3,025	4,985
Total non-current liabilities	862,123	827,672
Total liabilities	970,673	925,153
Commitments and contingencies (Note 13)
Stockholders’ equity:
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either year)	0	0
Common stock ($0.0001 par value, 450,000,000 shares authorized, 178,082,383 and 177,706,608 shares issued and outstanding, as of December 31, 2023 and December 31, 2022, respectively)	17	18
Additional paid-in capital	979,891	951,008
Retained earnings	385,726	361,419
Accumulated other comprehensive income	145	189
Total stockholders’ equity	1,365,779	1,312,634
Total liabilities and stockholders’ equity	$ 2,336,452	$ 2,237,787

About MP Materials Corp

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	Mr. James Henry Litinsky
WEBSITE	https://mpmaterials.com
INDUSTRY	Metals and Mining
EMPLOYEES	486

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 Mon Apr 15 2024, market cap of MP Materials Corp is 2.94 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 Mon Apr 15 2024, MP's PE ratio (Price to Earnings) is 120.88 and Price to Sales (PS) ratio is 11.59. 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.