Elliot Hoops - MP Materials General Counsel, Secretary

MP Stock  USD 20.84  1.20  6.11%   

Insider

Elliot Hoops is General Counsel, Secretary of MP Materials Corp since 2021.
Age 49
Tenure 3 years
Address 1700 S. Pavilion Center Drive, Las Vegas, NV, United States, 89135
Phone702 844 6111
Webhttps://mpmaterials.com

Elliot Hoops Latest Insider Activity

Tracking and analyzing the buying and selling activities of Elliot Hoops against MP Materials stock is an integral part of due diligence when investing in MP Materials. Elliot Hoops insider activity provides valuable insight into whether MP Materials is net buyers or sellers over its current business cycle. Note, MP Materials insiders must abide by specific rules, including filing SEC forms every time they buy or sell MP Materials'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

MP Materials Management Efficiency

The company has Return on Asset (ROA) of (0.0401) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0401. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0486) %, which implies that it produced no returns to current stockholders. MP Materials' management efficiency ratios could be used to measure how well MP Materials manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MP Materials' Return On Tangible Assets are relatively stable compared to the past year. As of 11/26/2024, Return On Capital Employed is likely to grow to 0.01, while Return On Equity is likely to drop 0.02. At this time, MP Materials' Non Current Liabilities Other is relatively stable compared to the past year. As of 11/26/2024, Change To Liabilities is likely to grow to about 2.7 M, while Total Current Liabilities is likely to drop slightly above 66.5 M.
MP Materials Corp reports 690.35 M of total liabilities with total debt to equity ratio (D/E) of 0.55, which is normal for its line of buisiness. MP Materials Corp has a current ratio of 17.79, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for MP Materials to invest in growth at high rates of return.

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MP Materials Corp. owns and operates rare earth mining and processing facilities. The company was founded in 2017 and is headquartered in Las Vegas, Nevada. MP Materials operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. It employs 365 people. MP Materials Corp (MP) is traded on New York Stock Exchange in USA. It is located in 1700 S. Pavilion Center Drive, Las Vegas, NV, United States, 89135 and employs 681 people. MP Materials is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

MP Materials Corp Leadership Team

Elected by the shareholders, the MP Materials' board of directors comprises two types of representatives: MP Materials inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MP Materials. The board's role is to monitor MP Materials' management team and ensure that shareholders' interests are well served. MP Materials' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MP Materials' outside directors are responsible for providing unbiased perspectives on the board's policies.
James Litinsky, Chairman of the Board, Chief Executive Officer
James JD, Pres Chairman
Andrew Mcknight, Independent Director
Sheila Bangalore, General Counsel and Chief Strategy Officer
Randall Weisenburger, Independent Director
Elliot Hoops, General Counsel, Secretary
Maryanne Lavan, Independent Director
Michael Rosenthal, Chief Operating Officer
Connie Duckworth, Independent Director
Martin Sheehan, Senior Relations
Ryan Corbett, Chief Financial Officer
Daniel Gold, Independent Director
Richard Myers, Independent Director

MP Materials Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MP Materials a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with MP Materials

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MP Materials position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MP Materials will appreciate offsetting losses from the drop in the long position's value.

Moving against MP Materials Stock

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The ability to find closely correlated positions to MP Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MP Materials when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MP Materials - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MP Materials Corp to buy it.
The correlation of MP Materials is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MP Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MP Materials Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MP Materials can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for MP Materials Stock Analysis

When running MP Materials' price analysis, check to measure MP Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MP Materials is operating at the current time. Most of MP Materials' value examination focuses on studying past and present price action to predict the probability of MP Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MP Materials' price. Additionally, you may evaluate how the addition of MP Materials to your portfolios can decrease your overall portfolio volatility.