Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Mineral Resources Limited (AU:MIN)
ASX:MIN
RESEARCH TOOLSreports
Mineral Resources Limited (MIN) Share Price & Analysis
96 Followers
MIN Stock Chart & Stats
Day’s RangeAU$0 - AU$0
52-Week RangeAU$52.36 - AU$78.18
Previous CloseAU$76.32
Volume25.43K
Average Volume (3M)872.98K
Market Cap
AU$14.84B
Enterprise ValueAU$14.84B
Total Cash (Recent Filing)AU$14.80K
Total Debt (Recent Filing)AU$38.99K
Price to Earnings (P/E)37.9
Beta2.00
Next Earnings
Aug 29, 2024EPS Estimate
-AU$0.35Last Dividend Ex-Date
Mar 01, 2024Dividend Yield1.19%
Share Statistics
EPS (TTM)2.01
Shares Outstanding195,948,655
10 Day Avg. Volume737,213
30 Day Avg. Volume872,975
Standard Deviation0.13
R-Squared0.11
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)0.69
Price to Sales (P/S)1.33
Price to Cash Flow (P/CF)-13.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$70.01Price Target Upside-8.79% Downside
Rating ConsensusHold
Number of Analyst Covering11
Mineral Resources Limited News
PremiumCompany Announcements
State Street Ups Stake in Mineral Resources Ltd
PremiumCompany Announcements
MinRes Maintains Guidance, Advances ProjectsPremiumCompany Announcements
Mineral Resources Eyes Market Expansion
PremiumCompany Announcements
Mineral Resources Ends Substantial Holding in DVP
Bulls Say, Bears Say
Bulls Say
Business OutlookAshburton provides MIN with sustainable iron ore margins and a longer life for their mining services contract, improving the company's outlook.
Financial HealthThe sale of a portion of the Ashburton toll road provides balance sheet flexibility needed for the ramp-up period.
Growth PotentialUpdated estimates show 3-4x production growth across mining services volumes, lithium and iron ore, indicating strong future potential.
Bears Say
Commodity PricesLithium price expected to decline further across 2024-25.
Financial HealthThe balance sheet remains an overhang for MIN with high gearing and debt metrics, posing a potential risk.
Operational ChallengesGroup capex guidance has increased due to an increase in lithium deferred waste stripping at Mt Marion.
---
Options Prices
Currently, No data available
---
Ownership Overview
14.22% Insiders
8.54% Mutual Funds
7.24% Other Institutional Investors
70.01% Public Companies and
Individual Investors
MIN FAQ
What was Mineral Resources Limited’s price range in the past 12 months?
Mineral Resources Limited lowest share price was AU$52.36 and its highest was AU$78.18 in the past 12 months.
What is Mineral Resources Limited’s market cap?
Currently, no data Available
When is Mineral Resources Limited’s upcoming earnings report date?
Mineral Resources Limited’s upcoming earnings report date is Aug 29, 2024 which is in 106 days.
How were Mineral Resources Limited’s earnings last quarter?
Mineral Resources Limited released its earnings results on Feb 21, 2024. The company reported AU$1.01 earnings per share for the quarter, missing the consensus estimate of AU$1.064 by -AU$0.054.
Is Mineral Resources Limited overvalued?
According to Wall Street analysts Mineral Resources Limited’s price is currently Overvalued.
Does Mineral Resources Limited pay dividends?
Mineral Resources Limited pays a Semiannually dividend of AU$0.2 which represents an annual dividend yield of 1.19%. See more information on Mineral Resources Limited dividends here
What is Mineral Resources Limited’s EPS estimate?
Mineral Resources Limited’s EPS estimate is -AU$0.35.
How many shares outstanding does Mineral Resources Limited have?
Mineral Resources Limited has 195,948,650 shares outstanding.
What happened to Mineral Resources Limited’s price movement after its last earnings report?
Mineral Resources Limited reported an EPS of AU$1.01 in its last earnings report, missing expectations of AU$1.064. Following the earnings report the stock price went down -0.539%.
Which hedge fund is a major shareholder of Mineral Resources Limited?
Currently, no hedge funds are holding shares in AU:MIN
---
Mineral Resources Limited Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
AU$70.01 (-8.79% Downside)
AU$70.01 (-8.79% Downside)
Blogger Sentiment
Bullish
AU:MIN Sentiment 96%
Sector Average 70%
Sector Average 70%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.04%
12-Months-Change
Fundamentals
Return on Equity
10.02%
Trailing 12-Months
Asset Growth
34.93%
Trailing 12-Months
Company Description
Mineral Resources Limited
Mineral Resources Ltd. engages in mining and processing of mineral properties. It operates through the following segments: Mining Services and Processing; Mining; and Central. It offers contract crushing, infrastructure, and recovery of base metals concentrate. The company was founded on February 27, 2006 and is headquartered in Perth, Australia.
---
MIN Company Deck
---
MIN Earnings Call
Q2 2024
0:00 / 0:00
---
MIN Stock 12 Month Forecast
Average Price Target
AU$70.01
▼(-8.79% Downside)
Technical Analysis
Best Analysts Covering MIN
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+19.57%
reiterated a buy rating 20 days ago
Copying Kate McCutcheon's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +19.57% per trade.
---