MP Stock Rises. Why Shares Are Finally Getting Some Relief.
1. MP Materials is the largest rare earth producer in the Western Hemisphere. 2. Stock prices of rare earth companies dropped significantly, averaging 34% decline last month. 3. MP is projected to report a $0.17 loss per share with $53 million sales. 4. Defense Department's deal with MP is transformational for its future growth. 5. Despite volatility, rare earth stocks are up 150% year to date.