MP earnings. Revenue decreased 42% year-over-year, driven by a 32% decrease in the realized price of rare earth oxide ("REO") in concentrate as well as a 13% decline in sales volumes.
MP Materials Reports First Quarter 2023 Results
LAS VEGAS, May 04, 2023--MP Materials Corp. (NYSE: MP) ("MP Materials" or the "Company"), today announced financial results for the three months ended March 31, 2023.finance.yahoo.com
Yeah I was looking at the option chain on them. I really like the idea of a US mining company and its sort of shocking they are turning a profit considering everyone before them at that site went bankrupt. If they get their PE sub-10 I might consider grabbing a long position again. A dip under $15 and I will get interested.They're up 4%~ on the news and the volume is low for an earnings day, I see them giving up all these gains and continuing the down trend.
Yeah I was looking at the option chain on them. I really like the idea of a US mining company and its sort of shocking they are turning a profit considering everyone before them at that site went bankrupt. If they get their PE sub-10 I might consider grabbing a long position again. A dip under $15 and I will get interested.
Bank stocks
Id be jealous of brad pitt in fight club too, dude more or less had the perfect body in that movie.
It's baffling too, because none of these hikes should've been surprising. Just plain old greed?Now lets see the report of how many of those banks did not properly hedge interest rates on their long bonds and MBSs. We are going to find the root cause of these failures of Mgt refusing to hedge against interest rate hikes properly so as to "maximize profits" and not spend money on hedging.
Or incompetence.It's baffling too, because none of these hikes should've been surprising. Just plain old greed?
I was wrong.Welcome to the Power Hour. Baring any unfortunate news I expect a nice ramp up into the close.