MP Materials Corp
MP
$15.74
Closing
▼-0.76%
1D
▼-20.71%
YTD
Market cap
$2.80B
52 week high
$26.52
52 week low
$12.69
Volume
780,875
Check if the stock is halal
Unlock Industry-grade Shariah Compliance for global stocks. See results from 5 major Shariah standards: AAOIFI, S&P, DJIM, FTSE and MSCI.
We provide unparalleled value and service.
Screened by AAOIFI Certified Shariah Advisor & Auditor.
Get started from just $3.99/month
Market cap
$2.80B
Analysts' Rating
BUY
Price Target (Mean)
30.66667
Total Analysts
13
P/E
125.99
Operating Margin
-33.39%
Beta
2.34
Revenue Growth (Annual)
58.91%
52 week high
$26.52
52 week low
$12.69
Div. Yield
%
EPS Annual Growth
-150.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass). Processing of rare earth materials at Mountain Pass includes five primary process steps: mining and crushing; milling and flotation; roasting, leaching and impurity removal; separation and extraction; and product finishing. The Company produces a rare earth concentrate that is principally sold to Shenghe Resources (Singapore) International Trading Pte. Ltd. (Shenghe) which, in turn, sells that product to refiners in China. These refiners separate the constituent rare earth elements (REE) contained in the Company’s concentrate and sell the separated products to their customers. The Company is expanding its manufacturing operations downstream to provide a full supply chain solution from materials to magnetics.
