During the morning session, MP Materials moved 0.4%, compared to 0.1% for the S&P 500.
MP Materials Corp. owns and operates rare earth mining and processing facilities. Based in Las Vegas, United States the company has 365 full time employees and a market cap of $5,480,752,805.
The company is now trading -30.06% away from its average analyst target price of $44.14 per share. The 11 analysts following the stock have set target prices ranging from $36 to $56, and on average give MP Materials a rating of buy.
Over the last year, MP shares have gone down by -19.0%, which represents a difference of -10.6% when compared to the S&P 500. The stock's 52 week high is $60.19 per share and its 52 week low is $23.5. Based on MP Materials's average gross margin growth of 276.2% over the last four years, its core business remains strong — so long as commodity prices remain elevated.
|Date Reported||Revenue ($ MM)||Cost of Revenue ($ MM)||Gross Margins (%)||YoY Growth (%)|