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Mineral Resources ASX:MIN Stock Report

Last Price

AU$68.24

Market Cap

AU$13.7b

7D

-5.3%

1Y

-13.3%

Updated

19 Apr, 2024

Data

Company Financials +

Mineral Resources Limited

ASX:MIN Stock Report

Market Cap: AU$13.7b

MIN Stock Overview

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally.

MIN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Mineral Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mineral Resources
Historical stock prices
Current Share PriceAU$68.24
52 Week HighAU$80.56
52 Week LowAU$52.52
Beta1.29
1 Month Change0.59%
3 Month Change17.35%
1 Year Change-13.29%
3 Year Change48.77%
5 Year Change330.81%
Change since IPO5,885.96%

Recent News & Updates

Here's What's Concerning About Mineral Resources' (ASX:MIN) Returns On Capital

Apr 16
Here's What's Concerning About Mineral Resources' (ASX:MIN) Returns On Capital

Mineral Resources Limited (ASX:MIN) Shares Could Be 40% Below Their Intrinsic Value Estimate

Mar 29
Mineral Resources Limited (ASX:MIN) Shares Could Be 40% Below Their Intrinsic Value Estimate

Mineral Resources (ASX:MIN) Use Of Debt Could Be Considered Risky

Mar 14
Mineral Resources (ASX:MIN) Use Of Debt Could Be Considered Risky

Recent updates

Here's What's Concerning About Mineral Resources' (ASX:MIN) Returns On Capital

Apr 16
Here's What's Concerning About Mineral Resources' (ASX:MIN) Returns On Capital

Mineral Resources Limited (ASX:MIN) Shares Could Be 40% Below Their Intrinsic Value Estimate

Mar 29
Mineral Resources Limited (ASX:MIN) Shares Could Be 40% Below Their Intrinsic Value Estimate

Mineral Resources (ASX:MIN) Use Of Debt Could Be Considered Risky

Mar 14
Mineral Resources (ASX:MIN) Use Of Debt Could Be Considered Risky

Mineral Resources Limited (ASX:MIN) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Feb 23
Mineral Resources Limited (ASX:MIN) Half-Year Results: Here's What Analysts Are Forecasting For This Year

With Mineral Resources Limited (ASX:MIN) It Looks Like You'll Get What You Pay For

Jan 07
With Mineral Resources Limited (ASX:MIN) It Looks Like You'll Get What You Pay For

Mineral Resources (ASX:MIN) Has A Pretty Healthy Balance Sheet

Dec 12
Mineral Resources (ASX:MIN) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That Mineral Resources (ASX:MIN) Is Using Debt Reasonably Well

Sep 13
These 4 Measures Indicate That Mineral Resources (ASX:MIN) Is Using Debt Reasonably Well

Mineral Resources Limited's (ASX:MIN) Intrinsic Value Is Potentially 35% Above Its Share Price

Jun 14
Mineral Resources Limited's (ASX:MIN) Intrinsic Value Is Potentially 35% Above Its Share Price

These 4 Measures Indicate That Mineral Resources (ASX:MIN) Is Using Debt Reasonably Well

Apr 01
These 4 Measures Indicate That Mineral Resources (ASX:MIN) Is Using Debt Reasonably Well

Mineral Resources Limited's (ASX:MIN) Intrinsic Value Is Potentially 35% Above Its Share Price

Mar 15
Mineral Resources Limited's (ASX:MIN) Intrinsic Value Is Potentially 35% Above Its Share Price

Is Mineral Resources (ASX:MIN) Using Too Much Debt?

Dec 27
Is Mineral Resources (ASX:MIN) Using Too Much Debt?

Are Investors Undervaluing Mineral Resources Limited (ASX:MIN) By 41%?

Nov 21
Are Investors Undervaluing Mineral Resources Limited (ASX:MIN) By 41%?

We Think Mineral Resources (ASX:MIN) Is Taking Some Risk With Its Debt

Sep 19
We Think Mineral Resources (ASX:MIN) Is Taking Some Risk With Its Debt

Are Investors Undervaluing Mineral Resources Limited (ASX:MIN) By 50%?

Jul 14
Are Investors Undervaluing Mineral Resources Limited (ASX:MIN) By 50%?

Here's Why We Think Mineral Resources (ASX:MIN) Is Well Worth Watching

Jun 08
Here's Why We Think Mineral Resources (ASX:MIN) Is Well Worth Watching

These 4 Measures Indicate That Mineral Resources (ASX:MIN) Is Using Debt Reasonably Well

Apr 14
These 4 Measures Indicate That Mineral Resources (ASX:MIN) Is Using Debt Reasonably Well

Does Mineral Resources (ASX:MIN) Deserve A Spot On Your Watchlist?

Mar 09
Does Mineral Resources (ASX:MIN) Deserve A Spot On Your Watchlist?

Is Mineral Resources Limited (ASX:MIN) Trading At A 37% Discount?

Feb 19
Is Mineral Resources Limited (ASX:MIN) Trading At A 37% Discount?

Is Mineral Resources (ASX:MIN) A Risky Investment?

Dec 24
Is Mineral Resources (ASX:MIN) A Risky Investment?

Here's Why I Think Mineral Resources (ASX:MIN) Is An Interesting Stock

Dec 06
Here's Why I Think Mineral Resources (ASX:MIN) Is An Interesting Stock

Does This Valuation Of Mineral Resources Limited (ASX:MIN) Imply Investors Are Overpaying?

Nov 19
Does This Valuation Of Mineral Resources Limited (ASX:MIN) Imply Investors Are Overpaying?

Does Mineral Resources (ASX:MIN) Have A Healthy Balance Sheet?

Sep 12
Does Mineral Resources (ASX:MIN) Have A Healthy Balance Sheet?

Here's Why I Think Mineral Resources (ASX:MIN) Is An Interesting Stock

Aug 28
Here's Why I Think Mineral Resources (ASX:MIN) Is An Interesting Stock

Shareholder Returns

MINAU Metals and MiningAU Market
7D-5.3%-1.7%-2.2%
1Y-13.3%-4.9%4.5%

Return vs Industry: MIN underperformed the Australian Metals and Mining industry which returned -4.9% over the past year.

Return vs Market: MIN underperformed the Australian Market which returned 4.5% over the past year.

Price Volatility

Is MIN's price volatile compared to industry and market?
MIN volatility
MIN Average Weekly Movement5.6%
Metals and Mining Industry Average Movement12.5%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.4%

Stable Share Price: MIN's share price has been volatile over the past 3 months.

Volatility Over Time: MIN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19937,200Chris Ellisonwww.mineralresources.com.au

Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector.

Mineral Resources Limited Fundamentals Summary

How do Mineral Resources's earnings and revenue compare to its market cap?
MIN fundamental statistics
Market capAU$13.74b
Earnings (TTM)AU$392.00m
Revenue (TTM)AU$4.94b

33.8x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIN income statement (TTM)
RevenueAU$4.94b
Cost of RevenueAU$429.10m
Gross ProfitAU$4.51b
Other ExpensesAU$4.12b
EarningsAU$392.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)2.02
Gross Margin91.32%
Net Profit Margin7.93%
Debt/Equity Ratio113.9%

How did MIN perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

45%

Payout Ratio
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