Reported 1 day ago
MP Materials' stock has surged to a 52-week high of $48.12, driven by a public-private partnership with the Department of Defense to develop a domestic rare earth magnet supply chain. With a significant year-to-date gain of 190%, the company is expanding its production capabilities. However, rising production costs and recent revenue challenges prompt cautious investment considerations, as analysts forecast potential losses for 2025. Current investors may hold, while new investors are advised to wait for a more favorable entry point.
Source: YAHOO