MP Materials: Still Remains An Underrated EV Investment

Jan. 04, 2022 5:17 AM ETMP Materials Corp. (MP) StockMP87 Comments
NorEast Invest
2.25K Followers

Summary

  • MP Materials' share price has grown over 30% since I first wrote about them.
  • Financially, the company has been performing very well over this period, increasing earnings and revenues through Q3.
  • Operationally, MP Materials has thrived as the only NdPr miner in North America.
  • Risks to the growth thesis are limited due to the future of electric vehicle proliferation.
  • Valuation is strong at current levels.

neodymium is a magnetic chemical element with the symbol Nd, in solid state. It is part of the rare earth group, used in the technology industry

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Background and Information

MP Materials (NYSE:MP) offers investors the only NdPr mine in North America. I previously wrote about MP materials here. In that article I explained the operational advantage and financial leverage MP Materials has over

This article was written by

2.25K Followers
Value focused investor with a contrarian mindset. I seek oppurtunities where market pessism creates long-term upside, often in overlooked or misunderstood sectors. My approach combines fundamental analysis, margin of safety principles and a willingness to go against the grain when data supports it.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of MP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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