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MP MATERIALS CORPMP MATERIALS CORPMP MATERIALS CORP

MP MATERIALS CORP

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MP Long Term TrendMP Materials ($MP) was awarded a $35 million contract by the Department of Defense (DoD) on Feb 22, 2022, to design and build a facility to process heavy rare earth elements (HREE) at the company’s Mountain Pass, California production site. This project will establish the first processing and separation facility of its kind for HREEs in support of both defense and commercial applications in the United States. This award is part of DoD’s rare earth supply chain resiliency efforts, and directly supports the administration’s initiatives to strengthen America’s supply chains as outlined in Executive Order 14017, America’s Supply Chains. To date, DoD has invested over $100M in enhancing America’s rare earth supply chain resiliency as part of its commitments to expanding domestic rare earth element processing capabilities and capacity. General Motors signed a long-term agreement with MP Materials in Dec 2021, for the supply of rare-earth materials, alloys and finished magnets used in the electric motors that are powering its growing number of electric vehicles (EVs). In recent earnings, Quarterly production and revenues climbed 10% and 135% year-over-year, respectively 2021 production of 42,413 metric tons represents highest annual primary rare earth production in U.S. history Generated $135.0 million of Net Income in 2021; Adjusted EBITDA of $219.1 million increased 414% year-over-year
NYSE:MPLong
by severu003
MP Material one of the best SPACs$MP has been, for sure, one of the best SPACs when it comes to performance. SPACs got hammered multiple times. Barely did some of the known ones hold the $10 ground and some of them now are traded in $2-$3 range per share if now lower. I had a very high conviction on $MP from its DA announcement and I am holding it from before the merger. Today, I see more strength given the fact that they have a good moat when it comes to rare earth material. After China, they are the biggest one in the world and practically the only one in the US. Electrification is becoming more strategic and there have been rumors that China has threatened American companies on cutting off the supply of the rare earth. This is a very strong position for $MP. Their gross margin is not like a mining or material company, but like a tech company. This year they are projected to have an 82.10% gross margin on 446M revenue. The projection of the revenue for 2021 is 319.30M (137.7% growth compared to 2020). In 2022 the revenue growth rate is estimated to be around 40%. EV/GP (Enterprise Value/Gross Profit) for 2022 is 15.1 and EV/GP/Growth for the same year is 38.1. It shows the price of the stock is fair. Considering the growth, the price could go lower in a short term to offer a nice opportunity to buy or add. As it can be seen on the chart after the short report released on the 3rd Feb, the price recovered relatively and today it experienced nearly 8% hike so far. This shows the interest in $MP is high. If we can get a 20% discount from these levels to around 30s before the 24th Feb (2021 Q4 earning release) I believe it is a good level to start collecting or adding. This is not financial advice. DYODD
NYSE:MPLong
by IboProtrader
MP (1D) - Midterm correction to continue ? Hi Traders, I had Long position in MP Materials, because I realy like their business model and really think that in long term US government should and will be supporting companies which provide Rare materials for EV/Battery/drones/... and related sectors. Regardles, the Fundamental Analysis.... Technical Analysis cannot be ignored. You can se alredy formed 1:1: Extension with overlaping of something what could be marked as abc uptrend correction of drop. Im alredy OUT of position with some profit. Its too risky for my RRR ... and will wait for another crash. Everything important is in the chart. As usually, I will notify you with my EW count of subwaves. In case that marked resistance zone around 46 USD will be broken upwards. than we should wait for retracement and confirmation of that area as a support (hence there will be chance to open long position). Trade safe and enjoy the game ;)
NYSE:MPShort
by LongevityContrarian
7
$MP - Could this be best investment of 2022? This might be the best play of 2022 Clean count, Fib time confluence, incredible relative strength since Oct, just broke ATH and found support at 21 EMA. "picks and shovels" play in EV space gives exposure to growth landscape w/o the risk. This company is the only domestic rare earth mining play giving it particular geopolitical importance over the next decade as the West competes with China for these vital resources needed for all modern technology. Until Redwood Materials goes public, $MP might be the best investment for exposure to rare earth miners.
NYSE:MPLong
by ir-rizzle
These 10 stocks just cleared the cloud out of 100+ stockswww.tradingview.com This is the Watch List for all 10. They all have cleared the cloud and closed Green. Some have the potential to dip to find support. However , some like this one MP looks ready from right here. All have Green Clouds that are moving up. Some however have some deep slopes of previous Red Clouds that they just worked there way through. I marked every stock on where I found it crossing out of the cloud. This way we can track its movements from the point of interest to better tailor what to expect once it pops the cloud. AMZN GOOG NFLX COST BBY SPOT MP OCGN XPOA TWTR
NYSE:MPLong
by iCantw84it
QE2 results a catalyst to higher pricesMP has been doing well in the past weeks while the small-cap stocks market notably SPACs were beaten down to disappointing prices. Now that there is less than a week to the QE2 results the price is at a pivotal level. There are resistance levels around $39 and $41, which can be broken if $MP reports impressive results as they have done it after their SPAC merger in 2020. Chamath Palihapitiya was the PIPE investor of this stock and it seems it is one of his best so far. The other ones such as $OPEN $CLOV are not doing well. Even, $SOFI did not have a good performance as many of its holders expected. A market rotation to small/medium cap stocks can send many of these stocks to the sky again, but that is a big question for right now as the mega-cap stocks are the safe haven for the big dogs.
NYSE:MPLong
by IboProtrader