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MP Materials Corp (MP)

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16.13 -0.19    -1.16%
16:00:00 - Closed. Currency in USD ( Disclaimer )
After Hours
16.13
0.00
0.00%
17:29:45 - Real-time Data
Type:  Equity
Market:  United States
  • Volume: 3,670,231
  • Bid/Ask: 0.00 / 0.00
  • Day's Range: 16.00 - 16.50
MP Materials 16.13 -0.19 -1.16%

NYSE:MP Financials

 
A brief overview of the NYSE:MP financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of MP Materials Corp over time.

MP Materials Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 8.61 million compared to USD 0.034 million a year ago. Revenue was USD 48.68 million compared to USD 95.7 million a year ago. Net income was USD 16.49 million compared to USD 37.45 million a year ago.

AnnualQuarterly  
Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

MP Income Statement

Gross margin TTM 49.57%
Operating margin TTM -26.86%
Net Profit margin TTM 1.62%
Return on Investment TTM -2.2%
 Total Revenue  Net Income
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Revenue 48.68 41.2 52.52 64.02
Gross Profit 13.09 17.63 30.3 41.32
Operating Income -31 -27.34 -9.37 6.63
Net Income 16.49 -16.26 -4.28 7.4

MP Balance Sheet

Quick Ratio MRQ 9
Current Ratio MRQ 10.29
LT Debt to Equity MRQ 82.23%
Total Debt to Equity MRQ 82.81%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Total Assets 2354.04 2336.45 2322.22 2289.44
Total Liabilities 1216.28 970.67 946.15 924.51
Total Equity 1137.75 1365.78 1376.07 1364.93

MP Cash Flow Statement

Cash Flow/Share TTM -0.19
Revenue/Share TTM 1.16
Operating Cash Flow  -38.24%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities -41.13 -13.78 11.02 9.97
Cash From Investing Activities 40.71 -269.13 -390.28 265.93
Cash From Financing Activities 32.92 -1.34 -0.978 -0.777
Net Change in Cash 32.51 -284.26 -380.24 275.12
* In Millions of USD (except for per share items)
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MP Comments

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Ivo Raud
Ivo Raud Mar 27, 2024 4:05PM ET
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Bear rally , short rate 36%, this will tank . It should show improving income numbers, only then we can see recovery.
Domenico Mancuso
DMancuso Nov 13, 2023 10:19AM ET
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Short sellers will have a bad time in the near future when this stock jumps 20-25% in one day
Xavier Escala
Xavier Escala Sep 27, 2023 6:49PM ET
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why do you think it is being sold aggressively? I have been buying and buying a believe the stock will 4x in 2 years.
Mesna Kroglica
Mesna Kroglica Sep 27, 2023 6:49PM ET
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With US-China trade war escalating it's only a matter of time before china imposes export restrictions on rare earths. After that happens MP materials will basically have a monopoly on the market.
Mesna Kroglica
Mesna Kroglica Sep 21, 2023 12:16PM ET
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It's only a matter of time before we see contracts with DOD and probably many other us companies. The supply chains are shifting away from china at a rapid pace, and at the center of all of this is MP materials. For example china reportedly exported 0 gallium and germanium in august 2023, how long before they stop exporting NdPr, certium and other metals this company produces? Not to mention that they also just started refining and are getting increasingly more lucrative government subsidies. The stock is a no brainer at current prices if you have the patience to hold it for a year or two.
Mesna Kroglica
Mesna Kroglica Sep 05, 2023 8:19AM ET
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This is the stock to buy and hold for the next 3 years. minimum 100% return guaranteed.
SquadW Name
SquadW Aug 22, 2023 10:23AM ET
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disorder in africa = positive news for this stock
bryan hodgson
bryan hodgson May 08, 2023 2:59PM ET
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bouncing perfectly off a trend line
bryan hodgson
bryan hodgson May 08, 2023 2:59PM ET
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nows a great time to buy.
SquadW Name
SquadW Apr 24, 2023 7:20AM ET
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buyin dips
Bassem Bendary
Bassem Bendary Apr 21, 2023 3:56PM ET
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Stock price now is back to late 2020 levels; at that time the company was loss making, and was generating revenues equal to around 1/3rd of the current levels.IMO the market has aggresively overreacted to Tesla’s announcement. What do you think?
Domenico Mancuso
DMancuso Apr 21, 2023 3:56PM ET
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Agree with you… massive over-reaction.
 
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