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home / news releases / MP - MP Materials - Lower REO Prices Could Be On The Horizon


MP - MP Materials - Lower REO Prices Could Be On The Horizon

  • The company’s revenues almost tripled and EBITDA soared over six-fold during Q1 2021.
  • However, this is mainly due to high REO prices and it seems that the direction of the market is changing.
  • In light of this, I think the average realized price for MP Materials could shrink to below $3,000/MT REO by the end of 2021.
  • Should this come to pass, I expect the share price of the company to fall below $10 once again.

For further details see:

MP Materials - Lower REO Prices Could Be On The Horizon
Stock Information

Company Name: MP Materials Corp Cl A
Stock Symbol: MP
Market: NYSE
Website: mpmaterials.com

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