Mineral Resources is an other industrial metals & mining business based in Australia. Mineral Resources shares (MIN) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Mineral Resources has a trailing 12-month revenue of around $5.3 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $29.51 - $79.76 |
|---|---|
| 50-day moving average | $44.2054 |
| 200-day moving average | $60.2583 |
| Target price | $68.51 |
| PE ratio | 78 |
| Dividend yield | $0.2 (1.83%) |
| Earnings per share (TTM) | $0.63 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$51.73
| 1 week (2024-09-27) | 5.27% |
|---|---|
| 1 month (2024-09-04) | 51.21% |
| 3 months (2024-07-04) | -10.76% |
| 6 months (2024-04-04) | -27.27% |
| 1 year (2023-10-04) | -18.32% |
|---|---|
| 2 years (2022-10-04) | -25.82% |
| 3 years (2021-10-04) | 20.36% |
| 5 years (2019-10-04) | 291.89% |
Valuing Mineral Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Mineral Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Mineral Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 78x. In other words, Mineral Resources shares trade at around 78x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Mineral Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $995 million (£0.0 million).
The EBITDA is a measure of a Mineral Resources's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $5.3 billion |
|---|---|
| Gross profit TTM | $4.4 billion |
| Return on assets TTM | 1.93% |
| Return on equity TTM | 3.21% |
| Profit margin | 2.37% |
| Book value | 18.232 |
| Market capitalisation | $9.7 billion |
TTM: trailing 12 months
N/ADividend payout ratio: 141.64% of net profits
Recently Mineral Resources has paid out, on average, around 141.64% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Mineral Resources shareholders could enjoy a 1.83% return on their shares, in the form of dividend payments. In Mineral Resources's case, that would currently equate to about A$0.2 per share.
Mineral Resources's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 29 February 2024 (the "ex-dividend date").
Over the last 12 months, Mineral Resources's shares have ranged in value from as little as $29.51 up to $79.76. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Mineral Resources's is 1.257. This would suggest that Mineral Resources's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; transport and logistics; site services; rehabilitation services; and design, engineering, and construction services for resources sector. It has a portfolio of iron ore assets; and holds interests in the Wodgina lithium project, the Mount Marion project, and the Bald Hill project located in Western Australia, as well as focuses on the natural gas and energy solutions. Mineral Resources Limited was founded in 1993 and is based in Osborne Park, Australia.
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