MINERAL RESOURCES LIMITED (MIN)
Share Price Analysis and Chart

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MIN

MIN - MINERAL RESOURCES LIMITED

FNArena Sector : Iron Ore
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 6.72
Index: 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

$59.37

04 Aug
2026

1.640

OPEN

$57.73

2.84%

HIGH

$59.73

1,697,360

LOW

$57.68

TARGET
$76.40 28.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ARI . CIA . DRR . FEX . FMG . GEN . GRR . MGX .
FNARENA'S MARKET CONSENSUS FORECASTS
MIN: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx - 458.9 406.7 xxx
DPS (cps) xxx 0.0 8.3 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 14.9 xxx
Dividend Yield xxx N/A 0.1% xxx
Div Pay Ratio(%) xxx N/A 2.0% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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 © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-458.9
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx4,472.0 M
Book Value Per Share xxxxxxxxxxxxxxx1,648.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-475.0 M
Net Profit Margin xxxxxxxxxxxxxxx-20.21 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-26.70 %
Return on Invested Capital xxxxxxxxxxxxxxx-10.45 %
Return on Assets xxxxxxxxxxxxxxx-7.48 %
Return on Equity xxxxxxxxxxxxxxx-26.70 %
Return on Total Capital xxxxxxxxxxxxxxx1.08 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-2,505.0 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx317 M
Long Term Debt xxxxxxxxxxxxxxx5,445 M
Total Debt xxxxxxxxxxxxxxx5,762 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx443 M
Price To Book Value xxxxxxxxxxxxxxx1.31

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx2,156.0 M
Capex % of Sales xxxxxxxxxxxxxxx48.21 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,065 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,308 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx153 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

1.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

30/07/2026

1

Outperform

$85.00

43.17%

Further to the strong fourth quarter performance from Mineral Resources, Macquarie found little in the results that was negative.

The lithium business is performing so well that potential revaluation of the POSCO transaction, expected to be completed in the first half of FY27, could yield further upside.

Even services beat expectations and the target of $85 and Outperform rating are unchanged.

FORECAST
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of 379.70 cents.
Macquarie forecasts a full year FY27 dividend of 61.00 cents and EPS of 435.00 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

04/08/2026

5

Sell

$29.50

-50.31%

Jarden maintains a Sell rating for Mineral Resources with its target price increased to $29.50 from $27.00 following an operational update closing out FY26 ahead of guidance across all segments.

The analyst expects full-year FY26 underlying EBITDA of $2.55bn and reported net profit after tax of $1.1bn, prompting a 7% upgrade to FY26 EBITDA forecasts alongside a 3% uplift across FY27-FY28.

While no official FY27 guidance was issued, Wodgina is expected to operate three trains and a potential sixth transhipment vessel at Onslow may boost volumes.

Although net debt reduced by -$200m during the quarter, closing balances remain elevated at $4.3bn. The broker retains its rating, viewing shares as trading at an 89% premium to net present value estimates.
Access Extra Coverage Research History >

MIN STOCK CHART

FNArena News on MIN

1
Australian Broker Call *Extra* Edition – Aug 04, 2026

Aug 04 2026 - Daily Market Reports
2
The Surge of Chinese EVs in Australia

Aug 03 2026 - Australia
3
Weekly Ratings, Targets, Forecast Changes – 31-07-26

Aug 03 2026 - Weekly Reports
4
Rudi’s View: Pre-August Picks In Resources, Retail & Small Caps

Jul 23 2026 - Rudi's View
5
Material Matters: Deep Dive Into Lithium Pullback

Jul 21 2026 - Commodities

Latest Iron Ore News

1
Rising Costs Hit Fortescue Hard

10:45 AM - Commodities
2
Breakout Opportunity In Mineral Resources

Apr 14 2026 - Technicals
3
Fortescue Shares Finding Technical Support

Nov 18 2025 - Technicals
4
Risk Has Shifted To More Upside For MinRes

Oct 16 2025 - Technicals
5
Mineral Resources Shares Targeting $45

Sep 10 2025 - Technicals
6
Can Champion Iron Deliver On Growth Projects?

Aug 06 2025 - Commodities
7
Execution Remains Key For Mineral Resources

Aug 01 2025 - Commodities
8
Iron Ore Worries Overshadow Fortescue’s FY26

Jul 28 2025 - Australia
9
Bargain Hunters Interest For Champion Iron?

May 08 2025 - Technicals
10
Positive Reversal For Fortescue

May 06 2025 - Technicals