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Total return, dividends included.
MP Materials (MP) is moving ahead with a rare earth magnet campus in Northlake, Texas, a 120 acre project backed by more than US$1.25b and a 10 year Pentagon offtake deal. Investors have seen a sharp move in MP Materials lately, with the share price up 4.09% over the past day, even as the 30-day share price return is down 13.63% and the year-to-date share price return is down 13.97%. The 1-year total shareholder return has declined 30.08%, but the 3-year total shareholder return is up about...
MP Materials just clawed back from a brutal month-long slide, and the reason behind Wednesday's surge points to a high-stakes bet on American magnet manufacturing that could either redefine the company or expose how much depends on forces outside its control.
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