|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||31.22 - 35.38|
|52 Week Range||9.78 - 51.77|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||45.60|
MP Materials (MP) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.
MP Materials Corp. (NYSE: MP) ("MP Materials" or the "Company") today announced the pricing of an offering of $600 million principal amount of its 0.25% Green Convertible Senior Notes due 2026 (the "notes") through a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). MP Materials has also granted the initial purchasers an option to purchase, exercisable within the 30-day period immediately following the pricing date of the offering, up to an additional $90 million principal amount of notes. The offering is expected to close on March 26, 2021, subject to customary closing conditions.
MP Materials Corp. (NYSE: MP) ("MP Materials" or the "Company"), today announced the pricing of its proposed registered secondary public offering of 6,000,000 shares of common stock by certain existing stockholders of the Company (the "Selling Stockholders") at a price to the public of $35.00 per share. The underwriters will have a 30-day option to purchase up to an additional 900,000 shares of common stock from the Selling Stockholders. MP Materials is not selling any shares and will not receive any proceeds from the proposed offering, which is expected to close on March 26, 2021, subject to customary closing conditions.