Added to YB: 2024-12-13
Pitch date: 2024-12-12
MP [neutral]
MP Materials Corp.
+165.4%
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
$19.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
-48.05
P/E
-35.24
EV/Sales
17.77
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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