Mineral Resources logo

MIN - Mineral Resources Share Price

A$39.83 0.8  2.1%

Last Trade - 15/01/21

Sector
Basic Materials
Size
Large Cap
Market Cap £4.25bn
Enterprise Value £4.14bn
Revenue £1.21bn
Position in Universe 82nd / 1844
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +21.6%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -3.30%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
1,299 1,178 1,458 1,624 1,512 2,125 3,317 3,472 +10.3%
-39.9 +33.8 +89.9 +48.1 -45.1 +70.8 +168.6 -20.4
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 30 June 2020, MineralResources Limited revenues increased 41% to A$2.12B. Netincome increased from A$163.7M to A$1B. Revenues reflectCommodities segment increase of 42% to A$1.68B, Singaporesegment increase from A$521.9M to A$1.39B, Iron OreProduction - Koolyanobbing increase from 3.2M to 7.9Mmetric tons. Net income benefited from Interest Incomeincrease from A$2.5M to A$14.4M (income).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for MIN
Graphical History

Revenue

MIN Revenue Unlock MIN Revenue

Net Income

MIN Net Income Unlock MIN Revenue

Normalised EPS

MIN Normalised EPS Unlock MIN Revenue

PE Ratio Range

MIN PE Ratio Range Unlock MIN Revenue

Dividend Yield Range

MIN Dividend Yield Range Unlock MIN Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Net Profit
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Consensus Estimate
1m Change
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
MIN EPS Forecasts Unlock MIN Revenue
Profile Summary

Mineral Resources Ltd is an Australia-based mining services company. The Company owns a portfolio of mining operations across lithium and iron ore. It provides mining services through CSI Mining Services and Process Minerals International (PMI). Its services include open pit mining, crushing, processing, supply chain services, port operations, site services and marketing and shipping. It operates mine sites in the Pilbara and Goldfields regions of Western Australia, including Iron Valley, Koolyanobbing, Wodgina and Mt Marion. Iron Valley is located in the Pilbara region. Iron Valley and Koolyanobbing sites are focused on iron ore and Wodgina and Mt Marion is focused on lithium. The Company also has a commodities portfolio located in the Pilbara and Yilgarn regions in Western Australia. Its commodities portfolio includes iron ore, lithium and graphite.

Directors
Last Annual June 30th, 2020
Last Interim June 30th, 2020
Incorporated February 27, 2006
Public Since July 28, 2006
No. of Shareholders: 14,938
No. of Employees: 2,347
Sector Basic Materials
Industry Metals & Mining
Index S&P/ASX All Ordinaries , S&P/ASX 100 , S&P/ASX 200 , S&P/ASX 300 , S&P/ASX MidCap 50 ,
Exchange Australian Stock Exchange - SEATS
Shares in Issue 187,771,219
Free Float (0.0%)
Eligible for
ISAs
SIPPs
MIN Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for MIN
Upcoming Events for MIN
Friday 12th February, 2021 Estimate
Half Year 2021 Mineral Resources Ltd Earnings Release
Frequently Asked Questions for Mineral Resources
What is the Mineral Resources share price?

As of 15/01/21, shares in Mineral Resources are trading at A$39.83, giving the company a market capitalisation of £4.25bn. This share price information is delayed by 15 minutes.

How has the Mineral Resources share price performed this year?

Shares in Mineral Resources are currently trading at A$39.83 and the price has moved by 0.129k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Mineral Resources price has moved by 0.135k% over the past year.

What are the analyst and broker recommendations for Mineral Resources?

Of the analysts with advisory recommendations for Mineral Resources, there are there are currently 2 "buy" , 3 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Mineral Resources is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Mineral Resources next release its financial results?

Mineral Resources is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Mineral Resources dividend yield?

The Mineral Resources dividend yield is 2.51% based on the trailing twelve month period.

Does Mineral Resources pay a dividend?

Last year, Mineral Resources paid a total dividend of 1, and it currently has a trailing dividend yield of 2.51%. Looking ahead, Mineral Resources has not announced an ex-dividend date yet.

When does Mineral Resources next pay dividends?

Mineral Resources has yet to annouce their ex-dividend date. The historic dividend yield on Mineral Resources shares is currently 2.51%.

How do I buy Mineral Resources shares?

To buy shares in Mineral Resources you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Mineral Resources?

Shares in Mineral Resources are currently trading at A$39.83, giving the company a market capitalisation of £4.25bn.

Where are Mineral Resources shares listed? Where are Mineral Resources shares listed?

Here are the trading details for Mineral Resources:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: MIN
What kind of share is Mineral Resources?

Based on an overall assessment of its quality, value and momentum, Mineral Resources is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Mineral Resources share price forecast 2021?

Shares in Mineral Resources are currently priced at A$39.83. At that level they are trading at 12.83% premium to the analyst consensus target price of 0.00.

Analysts covering Mineral Resources currently have a consensus Earnings Per Share (EPS) forecast of 4.146 for the next financial year.

How can I tell whether the Mineral Resources share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Mineral Resources. Over the past six months, the relative strength of its shares against the market has been 45.85%. At the current price of A$39.83, shares in Mineral Resources are trading at 56.78% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Mineral Resources PE Ratio?

The Mineral Resources PE ratio based on its reported earnings over the past 12 months is 25.81. The shares are currently trading at A$39.83.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Mineral Resources?

Mineral Resources's management team is headed by:

Christopher Ellison - MDR
Peter Wade - NEC
Kelvin Flynn - NID
James McClements - LED
Xi Xi - NID
Mark Wilson - CFO
Derek Oelofse - SEC
Michael Grey - COO
Paul Brown - CEX
Who are the major shareholders of Mineral Resources?

Here are the top five shareholders of Mineral Resources based on the size of their shareholding:

Ellison (Christopher James) Individual Investor
Percentage owned: 11.75% (22.2m shares)
Airlie Funds Management Pty Ltd Investment Advisor
Percentage owned: 4.98% (9.39m shares)
Mitsubishi UFJ Financial Group Inc Holding Company
Percentage owned: 2.8% (5.29m shares)
Fidelity Australian Equities Fund Mutual Fund
Percentage owned: 2.4% (4.53m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 1.94% (3.67m shares)
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