Shares of MP Materials Corp. (NYSE:MP) traded at a new 52-week high today of $44.00. This new high was reached on approximately average trading volume as 3.2 million shares traded hands, while the average 30-day volume is approximately 4.2 million shares.
MP Materials Corp. (NYSE:MP) is currently priced 17.2% above its average consensus analyst price target of $34.71.
MP Materials Corp focuses on restoring the full rare earth supply chain to the United States of America. It owns and operates Mountain Pass, the only integrated rare earth mining and processing site in North America. The company delivers approximately 15% of global rare earth supply with a long-term focus on Neodymium-Praseodymium (NdPr), a crucial input to the powering of electric vehicles, wind turbines, drones, robots and many other advanced technologies.
MP Materials Corp. share prices have moved between a 52-week high of $44.00 and a 52-week low of $9.78 and are now trading 329% above that low price at $41.93 per share.
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