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Mineral Resources Limited 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 $3.7 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $22.6352 - $63.4785 |
|---|---|
| 50-day moving average | $53.5051 |
| 200-day moving average | $49.3038 |
| Target price | $64.25 |
| PE ratio | 6.8925 |
| Dividend yield | $2.75 (5.75%) |
| Earnings per share (TTM) | $6.732 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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$46.4
| 1 week (2021-09-17) | -3.85% |
|---|---|
| 1 month (2021-08-25) | -13.95% |
| 3 months (2021-06-25) | -8.54% |
| 6 months (2021-03-25) | 28.32% |
| 1 year (2020-09-25) | 84.79% |
|---|---|
| 2 years (2019-09-25) | 252.85% |
| 3 years (2018-09-25) | 186.77% |
| 5 years (2016-09-23) | 318.02% |
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 7x. In other words, Mineral Resources shares trade at around 7x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Mineral Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.8 billion (£963 million).
The EBITDA is a measure of a Mineral Resources's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $3.7 billion |
|---|---|
| Operating margin TTM | 43.4% |
| Gross profit TTM | $3.3 billion |
| Return on assets TTM | 19.32% |
| Return on equity TTM | 45.75% |
| Profit margin | 34.01% |
| Book value | 17.022 |
| Market capitalisation | $8.8 billion |
TTM: trailing 12 months
Dividend payout ratio: 43.93% of net profits
Recently Mineral Resources has paid out, on average, around 43.93% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.9% 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 5.9% return on their shares, in the form of dividend payments. In Mineral Resources's case, that would currently equate to about A$2.75 per share.
While Mineral Resources's payout ratio might seem fairly standard, it's worth remembering that Mineral Resources may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 16 August 2021 (the "ex-dividend date").
Over the last 12 months, Mineral Resources's shares have ranged in value from as little as $22.6352 up to $63.4785. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Mineral Resources's is 1.2138. This would suggest that Mineral Resources's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Mineral Resources Limited, together with subsidiaries, operates as a mining services and processing company in Australia, China, and Singapore. It operates through three segments: Mining Services, Commodities, and Central. The company offers contract crushing, screening, processing, and specialist mining services; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector. It also manages the processing, production, logistics, ship loading, marketing, and export of resource commodities on behalf of tenement owners; and provides specialist parts to the mining, quarrying, and recycling industries. In addition, the company has a portfolio of iron ore assets; and owns interests in the Mount Marion and Wodgina lithium projects located in Western Australia. The company was founded in 1993 and is based in Applecross, Australia.
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