Added to YB: 2024-12-04
Pitch date: 2024-12-01
MP [bullish]
MP Materials Corp.
+142.4%
current return
Author Info
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Company Info
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.
Market Cap
$3.2B
Pitch Price
$21.11
Price Target
50.00 (-2%)
Dividend
N/A
EV/EBITDA
-48.05
P/E
-35.24
EV/Sales
17.77
Sector
Metals and Mining
Category
growth
Missed uranium the first innings of uranium bull run. Think about REE - MP Materials Corp.
MP: Only REE producer in Western Hemisphere, 15% ex-China market share. 3-stage strategy: mining, refining, magnet production. Catalysts: US-China trade war, EU Critical Materials Act, potential sanctions. Long-term EV demand growth. Price breakout on monthly chart. Target $45-$50 in 12 months. High-risk, high-reward asymmetric bet on REE bull run.
Read full article (2 min)