MP Materials Corporation - Ordinary Shares - Class A Stock News

With the way negative stock market sentiment  has piled up recently, short squeezes have generated some massive returns.

MP Materials (NYSE:MP) stock appears very unappealing – making it a poor choice to purchase at its present price of approximately $27. We have identified several issues with MP stock, which contribute to its unattractiveness, especially considering its current valuation seems exceedingly high.

Shares of MP Materials (MP -9.33%), America's biggest miner of rare earth metals, tumbled 8.3% through 10:10 a.m. ET Wednesday after President Donald Trump posted on Truth Social about a new trade deal reached with the Chinese delegation in London last night:

Subscribers to  Chart of the Week  received this commentary on Sunday, June 8.

Shares of MP Materials (MP 7.90%), the biggest miner of U.S. rare earth metals, and also involved in rare earth refining and magnet manufacture, surged to close up 7.7% Monday.

Rare earth elements at the center of the U.S.-China trade fight. They are crucial for electric vehicles and other advanced technology.

Extending its 10.7% gain from last week, MP Materials (MP -0.89%) stock has roared into June. The trade war between the United States and China shows little indication that it's going to resolve anytime soon, motivating investors to click the buy button on the rare earths producer.

MP Materials is strategically vital as the largest rare earth producer in the Western Hemisphere, benefiting from US-China geopolitical tensions and national security interests. The company is transitioning from raw material sales to a vertically integrated supply chain, ramping up value-added processing and magnet production for higher profitability. Short-term margins are pressured by transit...