Added to YB: 2024-12-13
Pitch date: 2024-12-12
MP [neutral]
MP Materials Corp.
+193.88%
current return
Author Info
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Company Info
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere.
Market Cap
$14.8B
Pitch Price
$19.28
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
MP Materials Corp. - $MP
MP (long-term concerns): Only REE producer at scale in N. America. 40k MT/yr, 90% to Shenghe. Vertical integration questionable. High SG&A ($79M on $250M rev). Inexperienced management, high comp. Many adjustments to financials. Strategy, relationships unclear. Capitalizing on REE hype, but business fundamentals questionable.
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