MINERAL RESOURCES LIMITED (MIN)
Share Price Analysis and Chart

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MIN - MINERAL RESOURCES LIMITED

FNArena Sector : Iron Ore
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 1.56
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

Mineral Resources is an Australian diversified mining services company. Its operations include construction, crushing and transport services. It has been a listed company since 2006. Key operations involve iron ore and lithium.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$79.49

20 May
2024

0.880

OPEN

$78.85

1.12%

HIGH

$79.70

578,025

LOW

$78.69

TARGET
$74.714 -6.0% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BCI . CIA . DRR . FEX . FMG . GEN . GRR . MGX . RHK .
FNARENA'S MARKET CONSENSUS FORECASTS
MIN: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 144.9 xxx
DPS (cps) xxx N/A 37.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 54.7 xxx
Dividend Yield xxx N/A 0.5% xxx
Div Pay Ratio(%) xxx N/A 25.9% xxx

Dividend yield today if purchased 3 years ago: 4.41%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

2.40

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 01/03 - ex-div 20c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx127.4
DPS All xxxxxxxxxxxxxxx190.0
Sales/Revenue xxxxxxxxxxxxxxx4,779.1 M
Book Value Per Share xxxxxxxxxxxxxxx1,800.7
Net Operating Cash Flow xxxxxxxxxxxxxxx1,353.7 M
Net Profit Margin xxxxxxxxxxxxxxx5.09 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx7.26 %
Return on Invested Capital xxxxxxxxxxxxxxx3.79 %
Return on Assets xxxxxxxxxxxxxxx3.00 %
Return on Equity xxxxxxxxxxxxxxx7.26 %
Return on Total Capital xxxxxxxxxxxxxxx24.74 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-760.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx95 M
Long Term Debt xxxxxxxxxxxxxxx3,139 M
Total Debt xxxxxxxxxxxxxxx3,234 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,379 M
Price To Book Value xxxxxxxxxxxxxxx3.97

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx1,820.9 M
Capex % of Sales xxxxxxxxxxxxxxx38.10 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,025 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,127 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx302 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.4

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxx xx xxxxxxxxxx xxxx xxxxx-xxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

26/04/2024

1

Buy

$85.00

6.93%

Mineral Resources recommenced selling Wodgina spodumene concentrate during the third quarter, in response to weak lithium battery chemical prices says Bell Potter. 

The result was quarterly sales volumes above the broker's forecasts, but with variations at project level. As per Mineral Resources, spodumene concentrate pricing improved late in the quarter, spurring a 22,000 tonne shipment at US$1,300 per tonne.

Onslow Iron, says the company, remains on track for first exports in June. Bell Potter, however, adjusts its own forecasts to account for a one quarter delay in ramp-up.

The Buy rating is retained and the target price increases to $85.00 from $75.00.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 20.00 cents and EPS of 71.00 cents.
Bell Potter forecasts a full year FY25 dividend of 63.40 cents and EPS of 126.90 cents.

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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MIN STOCK CHART