MP

MP Materials Corp.

Halal Rating :
Uncomfortable
Last Price $15.85 Last updated:
Market Cap $2.13b
7D Change -18.2%
1 Year Change -20.54%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Mining
  • Non-Metallic And Industrial Metal Mining
  • Metal Mining
Exchange NYSE
Next Earnings Date Oct. 31, 2024

MP Materials Corp. owns and operates Mountain Pass, one of the largest rare earth mining and processing facilities in North America. The company produces rare earth materials that are critical inputs in the magnets used in electric vehicles, wind turbines, robotics, and other advanced technologies. Their primary products include Neodymium-Praseodymium (NdPr) oxide, which is essential for permanent magnets.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $-6646000.0 $6.65m $-6646000.0 $6.65m 100.00% 100.00%
June 30, 2024 $-6745000.0 $6.75m $-6745000.0 $6.75m 100.00% 100.00%
March 31, 2024 $43.41m $2.86m $-2857000.0 $2.86m 6.58% 100.00%

Company Impact

Help us evaluate MP Materials Corp.'s impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.

Contribute

Recent News & Updates