ASX:MINMetals and Mining
A Look At Mineral Resources (ASX:MIN) Valuation After Its Recent Senior Unsecured Notes Offerings
Mineral Resources (ASX:MIN) has raised a combined $1.3b through two senior unsecured fixed income offerings, issuing 6.250% notes due 2034 and 6% notes due 2032. This financing move refocuses attention on its capital structure.
See our latest analysis for Mineral Resources.
The A$61.88 share price has moved around this year, with a 30 day share price return of 11.15% and a 1 year total shareholder return above 200% hinting at strong momentum despite weaker 3 year results.
If this fixed income...