MP Materials is a producer of rare earth materials in the Western Hemisphere. Co. owns and operates the Mountain Pass Rare Earth Mine and Processing Facility. Separated rare earth elements (REE) are inputs for magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and other technologies. Co. produces a rare earth concentrate that it sells pursuant to the amended and restated offtake agreement with Shenghe Resources (Singapore) International Trading Pte. Ltd., that, in turn, sells that product to refiners in China. These refiners separate the constituent REE contained in Co.'s concentrate and sell the separated products to their customers. We show 14 historical shares outstanding datapoints in our coverage of MP's shares outstanding history.
Understanding the changing numbers of MP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MP versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching MP by allowing them to research MP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
