MP Materials Corp. (MP): A Bull Case Theory

We came across a bullish thesis on MP Materials Corp. (MP) on r/wallstreetbets Subreddit by One-Hovercraft-1935. In this article, we will summarize the bulls’ thesis on MP. MP Materials Corp. (MP)'s share was trading at $48.52 as of 14^th July. MP’s trailing and forward P/E were 20.97 and 24.1, respectively according to Yahoo Finance.

[caption id="attachment_1204501" align="aligncenter" width="768"] Heavy machinery at work in a mining facility, excavating the earth for rare earth minerals.[/caption]

MP Materials (NYSE: MP), the only U.S.-based producer of rare earth elements...