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With MP Materials up 143.6% over the past year, many investors are now asking whether the current share price fairly reflects the business or if expectations have run ahead of reality.

Recent performance has been mixed, with the stock up 11.1% over the last 7 days, edging higher by 0.5% year to date, but showing an 11.3% decline over the past 30 days.

Over a 3 year period the stock has returned 97.3%, and over 5 years it has returned 80.3%. This gives you a sense of how sentiment around MP Materials has evolved over different time frames. These moves are an important backdrop for assessing whether the current…