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Mineral Resources (MIN)

ASX.MIN $20.90

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MIN $20.90

20 MINUTE DELAYED

TODAY

0.77 %

1 YEAR RETURN

0.00%

VOLUME

2,255,241

DIV YIELD

PE RATIO

0.00

52 WEEK RANGE

14.05

79.76

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	20.90
Change	0.16 (0.77)
Bid / Ask	20.84 - 21.00
Volume	2,255,241
Turnover	47,778,483
Open	20.73
Day Range	20.45 - 21.58
VWAP	21.01
Prev Close	20.74
Last Trade	02/05 4:10pm (AEST)

KEY INFORMATION
Sector	Basic Materials
Shares Issued	166,152,873
NTA/Share	0.00
Last Dividend	0.20
Dividend Ex Date	01 MAR 2024
Dividend Pay Date	26 MAR 2024

CURRENT ()
Revenue	5,278.00
EBITDA	1,057.00
Profit	158.00
Earnings Per Share (EPS)	0
Dividend Per Share (DPS)	0
Yield %	0.00
Market Cap	0
Price to Earnings Ratio (P/E)	0

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	4,556.16
EBITDA	933.52
Profit	-200.65
Earnings Per Share (EPS)	-1.02
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation (HOLD)

2.60

OPINION

29/04/2025 17:41

Mineral Resources (MIN) $20.57

MIN +13.15%: Jumped on their 3rd quarter result on softer production numbers though reiterated full-year guidance and provided comfort around the balance sheet, progression of the search for a new and improved board and an update eon reparations of the key Onslow Iron haul road asset.

10/04/2025 09:43

Mineral Resources Ltd (MIN) $14.40

Holding MIN has been a long and arduous journey for MM, although looking at overseas markets, it should bounce strongly this morning. We caught this falling knife too early, although interestingly, for all of its deluge of negative news from Chris Ellison to worrisome debt levels and bad roads, it’s fallen in to a similar degree as global giant Albermarle.

20/03/2025 09:56

Mineral Resources (MIN) $23.88

MIN got smacked ~13% on the open again on Wednesday after the crash of an iron ore truck, which caused haulage on its Onslow iron Haul Road to be paused for a couple of days.

19/03/2025 16:51

Mineral Resources (MIN) $23.88

MIN –3.94%: Another wild session for Min Res down 12% early before recovering 2/3rds of the decline. The issue today was a sixth jumbo road train crash on the 17th March (reported today) with a truck losing its 2 back trailers and spilling Ore.

18/03/2025 09:09

Mineral Resources Ltd (MIN) $24.49

MIN surged +11.6% on Monday after UBS did an about-turn toward the beleaguered miner, reversing its Sell call to a Buy.

20/02/2025 09:27

Mineral Resources (MIN) & RIO Tinto (RIO)

The shocking performance by MIN has weighed on our performance, and again, we must ask if this cluster has simply become too hard. MIN was hammered yesterday after revenue and underlying earnings beat consensus, but lower iron ore guidance and higher capex at a time when debt is elevated saw a capitulation-style sell-off. The psychology is half the issue here and it feels like the market has lost faith in some of the rhetoric being espoused by the company.

19/02/2025 17:11

Mineral Resources (MIN) $24.18

MIN-20.72%: The gift that keeps on giving, with MinRes reporting 1H25 financial results that were a slight beat to downbeat expectations driven by Mining Services, however, lower Iron Ore guidance from Onslow Iron plus an additional $300 million needed to upgrade the haul road as a consequence of tropical cyclone Sean saw the shares trade sharply lower.

13/02/2025 16:53

Mineral Resources (MIN) $34.07

MIN +6.97% had a rare day in the sun (from a very low base) on the back of a broker upgrade from JP Morgan (moved to Buy & $41 PT), plus an update on corporate governance changes.

05/02/2025 09:52

Mineral Resources Ltd (MIN) $33.87

This morning after addressing portfolio underperformance we’ve revisited our weakest holding which has been hit with a trifecta of bad news.

30/01/2025 17:30

Mineral Resources (MIN) $35.93

MIN -0.88%: Came out with their December quarter result and a management call following. No mention of the governance issues on the call today, it was straight to business, somewhat of an elephant in the room - we haven’t heard much in 2025, though it is well known investigations by ASIC are ongoing. In terms of the operations of the business:

ACTION

MIN

UPDATED 29/04/2025 18:08

MM is long and bullish MIN

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MIN

UPDATED 10/04/2025 13:58

MM is long and cautiously bullish towards MIN

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MIN

UPDATED 20/03/2025 09:09

MM is long and cautiously bullish MIN

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MIN

UPDATED 19/03/2025 16:59

MM is remaining patiently long MIN

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MIN

UPDATED 18/03/2025 09:28

MM is long and cautiously bullish MIN

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MIN

UPDATED 05/03/2025 11:04

MM is adding to MIN in the Active Growth Portfolio – targeting a 4% portfolio weight

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MIN

UPDATED 20/02/2025 09:51

MM is cautiously bullish MIN ~$24

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MIN

UPDATED 19/02/2025 17:31

MM believes MIN is approaching (or is at) peak negativity ~$24

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MIN

UPDATED 13/02/2025 17:35

MM remains patiently long MIN

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MIN

UPDATED 05/02/2025 10:16

MM remains patiently long MIN

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Business Summary

Mineral Resources (MIN) is a mining service company. The Company provides solutions including open pit mining, crushing, processing, transport, and accommodation. Mineral Resources owns and operates iron ore and lithium mining operations as well as lithium hydroxide processing facilities. Mineral Resources serves customers in Australia.

WATCH

Research Lead Shawn Hickman discussing views on BHP, Mineral Resources (MIN) & TPG Telecom (TPG) Recorded Tuesday 28th February

01/03/2023 14:39

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Mineral Resources (MIN)

ASX.MIN $20.90

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MIN $20.90

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Really bullish, there's more to go in the reflation rally

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