A long-term stock. Earnings yesterday stated that they are refining their own rare earths themselves and not sending them to China. A big move. They hold a lot of cash too.
It went down because Tesla said it would buy fewer rare materials. But he feels that's unlikely, because Tesla needs them. A buy.
Its latest report beat, but it also dumped more shares into the market. This is a case of too many shares and not enough buyers.
MP Materials is a American stock, trading under the symbol MP-N on the New York Stock Exchange (MP). It is usually referred to as NYSE:MP or MP-N
In the last year, 1 stock analyst published opinions about MP-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for MP Materials.
MP Materials was recommended as a Top Pick by on . Read the latest stock experts ratings for MP Materials.
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In the last year, there was no coverage of MP Materials published on Stockchase.
On 2024-12-13, MP Materials (MP-N) stock closed at a price of $19.37.
It's getting into battery production itself, not just supplying the rare earths for it. They're positioned well. They plan to boost capacity by 50% over 4 years. A good alternative to Chinese suppliers.