MP Materials Corp at Gabelli Funds Automotive Symposium Transcript
Moving right along, we have a really unique company. Really truly one of its kind to present next, MP Materials, which is based in Las Vegas. It's the owner and operator of the Mountain Pass rare earth mining and processing facility. It is a critical component of the transition to electric vehicles, and really the only mine of its kind to be able to produce rare earth elements for magnets, for -- that go into motors for EVs.
I'm joined by Ryan Corbett, the company's CFO. The company has 178 million shares outstanding, trades at around $31, $5.5 billion equity cap, good balance sheet and net cash of about $600 million.
So I will gives the floor to Ryan. Ryan, thank you very much for being here.
Thanks for having me. Hey, guys, thanks for having me. Obviously, as you mentioned, I didn't have to travel very far. Our corporate office is down the street, but nonetheless, very much appreciate you guys having me out.
Quickly, before I dig
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |