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Stock impact report

Assessing MP Materials (MP) Valuation After 10X Texas Magnet Facility And Government Backing [Yahoo! Finance]

MP Materials Corp. (MP) 
Company Research Source: Yahoo! Finance
MP Materials (MP) has drawn fresh attention after confirming plans for its 10X rare earth magnet facility in Northlake, Texas, supported by U.S. government backing and long-term offtake agreements with General Motors and Apple. See our latest analysis for MP Materials. The share price has cooled recently, with a 1 day share price return of a 4.7% decline and a 30 day share price return of a 5.6% decline. This comes even as the 1 year total shareholder return of 113.2% and 3 year total shareholder return of 113.0% point to strong longer term momentum that news around the Texas 10X facility and government partnerships has helped keep in focus. If this rare earth story has your attention, it could be worth checking a broader set of opportunities in the sector, starting with our 29 best rare earth metal stocks With MP trading at US$57.21 alongside an indicated intrinsic discount and a sizeable gap to consensus price targets, the real question is whether you are looking at a rare Show less Read more
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