MetaCap

Ivanhoe Electric (IE) vs MP Materials (MP)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Ivanhoe Electric (IE) has outperformed MP Materials (MP) over the past year, losing 23.9% versus a loss of 37.2%. MP Materials is the larger company by market cap ($8.22 billion vs $1.54 billion), about 5.3 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

IE-23.85%MP-37.22%
+60%+3%-54%
Oct 7, 20251 yearOct 7, 2026
IE+8.44%MP+46.74%
+167%+46%-76%
Jun 27, 20225 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

IE versus MP key metrics
MetricIEMP
Share price$9.66$46.14
Market cap$1.54B$8.22B
1-day change-1.13%-0.37%
YTD return-38.86%-8.33%
1-year return-23.85%-37.22%
5-year return—+36.29%
Forward P/E—56.06
EPS (TTM)$-0.26$-0.33
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)—$224.44M
Revenue growth (YoY)—+10.10%
Net income (latest FY)—$-85.87M
Gross margin—14.10%
Operating margin—-66.55%
Net margin—-38.26%
52-week high$21.55$100.25
52-week low$7.86$37.81
Distance from 52-week high-55.17%-53.98%
Analyst consensusbuystrong_buy
Avg. price target upside+113.04%+58.21%
Average volume2.09M5.85M
Shares outstanding159.59M178.10M
Employees286998
SectorBasic MaterialsBasic Materials
IndustryMetal MiningMetal Mining

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • MP Materials is about 5.3 times larger than Ivanhoe Electric by market value ($8.22B vs $1.54B).
  • IE has outperformed MP by 13.4 percentage points over the past year.

About Ivanhoe Electric

IE stock →

Ivanhoe Electric Inc. engages in exploration and development of minerals in the United States, Canada, and China.

Basic Materials · Metal Mining · 286 employees

About MP Materials

MP stock →

MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics.

Basic Materials · Metal Mining · 998 employees

IE vs MP FAQ

Which is bigger, Ivanhoe Electric or MP Materials?

MP Materials (MP) is larger, with a market capitalization of $8.22B compared with $1.54B for Ivanhoe Electric (IE).

Which stock has performed better over the past year, IE or MP?

IE returned -23.85% over the past 12 months, compared with -37.22% for MP (price return, excluding dividends). Past performance does not predict future results.

Are Ivanhoe Electric and MP Materials in the same industry?

Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.

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