Here's Why MP Materials Stock Surged Again This Week

Shares in rare-earth material and magnets company MP Materials (NYSE: MP) rose 11.6% in the week to Friday morning, and could possibly rise a lot more after the market digests its second-quarter earnings report.Investors will likely warm to the earnings report. The company reported an 84% revenue increase and a decreased loss, with adjusted earnings before interest, taxation, depreciation, and amortization (EBITDA) coming in with a $12.5 million loss compared to a $27 million loss in the same period of 2024. It's a good result under the circumstances because of the "strategic decision to cease shipments of rare earth concentrate to China as well as by the ramp-up in midstream operations." Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool