MP

MP Materials Corp.

Halal Rating :
Comfortable
Last Price $20.94 Last updated:
Market Cap $2.13b
7D Change 7.22%
1 Year Change 30.55%
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 world's largest integrated rare earth mining and processing facilities. The company produces rare earth materials that are vital to electric vehicles, wind turbines, defense systems, and many other advanced technologies. Their primary products include Neodymium-Praseodymium (NdPr) oxide, which is essential for permanent magnets used in electric vehicles and wind turbines.

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

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