Added to YB: 2024-12-04
Pitch date: 2024-12-01
MP [bullish]
MP Materials Corp.
+97.11%
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
$10.7B
Pitch Price
$21.11
Price Target
50.00 (+20%)
Dividend
N/A
EV/EBITDA
220.70
P/E
-175.67
EV/Sales
25.56
Sector
Metals and Mining
Category
growth
Missed uranium the first innings of uranium bull run. Think about REE - MP Materials Corp.
MP: Only REE producer in Western Hemisphere, 15% ex-China market share. 3-stage strategy: mining, refining, magnet production. Catalysts: US-China trade war, EU Critical Materials Act, potential sanctions. Long-term EV demand growth. Price breakout on monthly chart. Target $45-$50 in 12 months. High-risk, high-reward asymmetric bet on REE bull run.
Read full article (2 min)