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Added to YB: 2024-12-12

Pitch date: 2024-12-11

MP [neutral]

MP Materials Corp.

+194.34%

current return

Author Info

Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.

Company Info

MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere.

Market Cap

$14.8B

Pitch Price

$19.25

Price Target

N/A

Dividend

N/A

EV/EBITDA

-218.03

P/E

-135.43

EV/Sales

62.12

Sector

Metals and Mining

Category

N/A

Show full summary:
Pernas Research Passes On: MP Materials Corp.

MP pass: Only US rare earth mine/processor. China dominates industry (60%+). Rising tensions & export bans benefit MP's secure US supply. Used in EVs, drones, wind turbines. Unprofitable at >10x revenue. Wait for pullback before considering position.

Read full article (1 min)