MP Materials Corp. (MP)
MP Materials Corp. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Las Vegas, NV, US. The stock last traded at $48.83, down 0.95% on the session, giving a market capitalisation of $8.69B. On trailing twelve-month figures it carries a trailing P/E of -142.86, a net margin of -19.9%. Its beta of 1.95 implies it has historically moved more than the broad market.
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements. The company's primary asset is the Mountain Pass Rare Earth mine, a key operation situated within the Western Hemisphere. MP Materials holds comprehensive mineral rights for this significant deposit and its surrounding areas, alongside proprietary intellectual property essential for the ongoing processing and technological development of rare earth minerals. Its product offerings include critical elements such as cerium, lanthanum, neodymium, praseodymium, and samarium. Established in 2017, the company is headquartered in Las Vegas, Nevada.
MP Materials Corp. is most often compared with the following Basic Materials names: