• Markets
  • icon
  • Companies
MIN · ASX

Mineral Resources Limited (ASX:MIN)

AU$53.67

 1.8 (3.47%)
ASX:Live
26/07/2024 04:10:15 PM
Short Sold >1 over the month Near Support Near 52 Week Low HALO Ords HALO 50 +7
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

MIN Overview

MIN Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Neutral

Valuation

Value

Consensus

Momentum

Price

Strong

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Neutral

Quality

Capital Efficiency

Strong

Balance Sheet

Very Strong

About MIN

Telephone

Address

Description

Mineral Resources Ltd. engages in mining and processing of mineral properties. The firm operates through the following segments: Mining Services, Iron Ore, Lithium, Other Commodities, and Central. It offers contract crushing, infrastructure, and recovery of base metals concentrate. The company was founded by Christopher J. Ellison on February 27, 2006 and is headquartered in Perth, Australia.

MIN Price Chart

Key Stats

Market Cap

AU$10.35B

PE

18.70

EV/EBITDA

8.6

Dividends Overview

DIV Yield

2.5%

Franking

100%

Ex Dividend Date (est.)

N/A

Market Data

52 weeks range

Low 51.32 - 79.76

Trade Value (12mth)

AU$15,287,642.00

1 week

-7.28%

1 month

-8.31%

YTD

-26.55%

1 year

-29.73%

All time high

96.97

Key Fundamentals

EPS 3 yr Growth

-76.100%

EBITDA Margin

43.50%

Operating Cashflow

$1,354m

Free Cash Flow Return

21.10%

ROIC

3.80%

Interest Coverage

8.90

Quick Ratio

2.30

Other Data

Shares on Issue (Fully Dilluted)

197m

HALO Sector

Next Company Report Date

29-Aug-24

Ex Dividend Date (est.)

N/A

Next Dividend Pay Date (est.)

N/A

Reporting Currency

AUD

Short Sell (% of issue)

6.87

MIN Announcements

Latest Announcements

Date Announcements

26 July 24

FY24 Q4 Quarterly Activity Report

×

FY24 Q4 Quarterly Activity Report

05 July 24

Change of Director's Interest Notice - James McClements

×

Change of Director's Interest Notice - James McClements

05 July 24

Change of Director's Interest Notice - Colleen Hayward

×

Change of Director's Interest Notice - Colleen Hayward

05 July 24

Change of Director's Interest Notice - Denise McComish

×

Change of Director's Interest Notice - Denise McComish

05 July 24

Change of Director's Interest Notice - Jacqueline McGill

×

Change of Director's Interest Notice - Jacqueline McGill

05 July 24

Change of Director's Interest Notice - Justin Langer

×

Change of Director's Interest Notice - Justin Langer

05 July 24

Change of Director's Interest Notice - Susan Corlett

×

Change of Director's Interest Notice - Susan Corlett

05 July 24

Change of Director's Interest Notice - Xi Xi

×

Change of Director's Interest Notice - Xi Xi

05 July 24

Change of Director's Interest Notice - Zimi Meka

×

Change of Director's Interest Notice - Zimi Meka

02 July 24

Application for quotation of securities - MIN

×

Application for quotation of securities - MIN

19 June 24

Yilgarn Hub Update

×

Yilgarn Hub Update

07 June 24

RHI: 2nd $200m payment and commencement of 0.75% FOB Royalty

×

RHI: 2nd $200m payment and commencement of 0.75% FOB Royalty

05 June 24

MinRes sells minority stake in Onslow Iron Haul Road

×

MinRes sells minority stake in Onslow Iron Haul Road

21 May 24

Onslow Iron delivers first ore on ship ahead of schedule

×

Onslow Iron delivers first ore on ship ahead of schedule

15 May 24

Change in substantial holding

×

Change in substantial holding

24 April 24

FY24 Q3 Quarterly Activity Report

×

FY24 Q3 Quarterly Activity Report

24 April 24

LRD: $1.5M Placement and MINRES Completes DD at Horse Rocks

×

LRD: $1.5M Placement and MINRES Completes DD at Horse Rocks

19 April 24

Application for quotation of securities - MIN

×

Application for quotation of securities - MIN

12 April 24

Ceasing to be a substantial holder for DVP

×

Ceasing to be a substantial holder for DVP

04 April 24

Application for quotation of securities - MIN

×

Application for quotation of securities - MIN

04 April 24

Change of Director's Interest Notice - James McClements

×

Change of Director's Interest Notice - James McClements

04 April 24

Change of Director's Interest Notice - Chris Ellison

×

Change of Director's Interest Notice - Chris Ellison

04 April 24

Change of Director's Interest Notice - Colleen Hayward

×

Change of Director's Interest Notice - Colleen Hayward

04 April 24

Change of Director's Interest Notice - Denise McComish

×

Change of Director's Interest Notice - Denise McComish

04 April 24

Change of Director's Interest Notice - Jacqueline McGill

×

Change of Director's Interest Notice - Jacqueline McGill

MIN Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 6.73 1.85 1.27 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 6.73 1.85 1.26 Lock Lock Lock
     Growth % Lock Lock Lock Lock 26.3 -72.5 -31.1 Lock Lock Lock
     PE X Lock Lock Lock Lock 9.2 27.5 18.7 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 5.4 12.2 8.6 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 7.92 4.28 7.66 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock 1.55 -4.09 -3.95 Lock Lock Lock
     Growth % Lock Lock Lock Lock 1,151.2 -46.0 79.1 Lock Lock Lock
     Yield % Lock Lock Lock Lock 2.9 -8.5 -5.5 Lock Lock Lock
DPS $ Lock Lock Lock Lock 2.75 1.00 1.90 Lock Lock Lock
     Growth % Lock Lock Lock Lock 175.0 -63.6 90.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 5.2 1.3 2.5 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 41 54 149 Lock Lock Lock
BPS $ Lock Lock Lock Lock 17.02 17.15 18.01 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 16.83 17.02 17.89 Lock Lock Lock
     Growth % Lock Lock Lock Lock 42.5 1.2 5.1 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 189 189 193 Lock Lock Lock
Basic m Lock Lock Lock Lock 189 189 191 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 3,734 3,418 4,779 Lock Lock Lock
     Growth % Lock Lock Lock Lock 75.7 -8.5 39.8 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 738 1,258 1,003 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 2,366 1,890 2,754 Lock Lock Lock
     Growth % Lock Lock Lock Lock 102.9 -20.1 45.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 63.4 55.3 57.6 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 37 45 42 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 1,897 993 2,077 Lock Lock Lock
     Growth % Lock Lock Lock Lock 156.9 -47.7 109.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 50.8 29.0 43.5 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 258 352 450 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 1,639 640 1,627 Lock Lock Lock
     Growth % Lock Lock Lock Lock 200.8 -60.9 154.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 43.9 18.7 34.0 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 1,793 487 364 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 525 138 116 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 1,270 349 243 Lock Lock Lock
     Growth % Lock Lock Lock Lock 26.5 -72.5 -30.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 34.0 10.2 5.1 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 1,309 280 1,354 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 760 1,000 1,821 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -816 -654 -1,902 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -436 1,233 -516 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 618 -449 -359 Lock Lock Lock
     Growth % Lock Lock Lock Lock 127.1 -172.7 20.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.2 -0.1 -0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 903 810 900 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 1,542 2,428 1,379 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 5,724 7,811 8,395 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 1,105 2,996 3,139 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock -280 698 1,855 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 2,478 4,540 4,873 Lock Lock Lock
Equity $m Lock Lock Lock Lock 3,204 3,227 3,475 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 4,308 6,223 6,614 Lock Lock Lock
     Growth % Lock Lock Lock Lock 24.7 44.5 6.3 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 22.2 4.5 2.9 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 39.6 10.8 7.0 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 36.4 11.7 24.7 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 29.5 6.6 3.8 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 30.4 5.3 21.1 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 19.8 8.0 8.9 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock -0.1 0.7 0.9 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock -8.7 21.6 53.4 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 2.1 3.7 2.8 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 1.9 3.4 2.3 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 75.8 72.0 39.7 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 133.0 30.6 107.9 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 11.3 7.1 7.4 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 11.2 8.1 4.7 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 3.6 1.4 2.2 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 14.9 17.2 18.0 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.7 0.4 0.6 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.7 0.4 0.6 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 48.0 14.3 7.6 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 31.3 6.2 4.3 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 29.3 28.4 31.9 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 22.2 4.5 2.9 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 1.8 2.4 2.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 39.6 10.8 7.0 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock 59.1 45.9 -49.2 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock 23.4 5.0 -3.4 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 32.7 44.8 77.4 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 32.4 51.2 49.7 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 65.1 96.0 127.1 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 148.8 126.1 111.2 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock -83.7 -30.1 15.9 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

N/A

DIV Yield

2.5%

Franking Level

100%

DPSg

90.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
Strategy

Upload your portfolio and gain access to 3-year dividend forecasts for each holding with HALO Global. Empower your decision-making and maximize returns with our advanced analytical tool. Try it today.

Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

6.87%

Value ($M)

756

Prior Change

0.10%

7 Day Change

0.50%

1 Month Change

1.70%

3 Month Change

0.30%

Discover
Short-selling
Opportunities

Access data on short interest, stock performance, and potential short-selling candidates across various markets to make informed decisions and optimize your trading strategies.

MIN Shortsell

Frequently Asked Questions

The current share price of Mineral Resources Limited (MIN:ASX) is AU$53.67.
The 52-week high share price for Mineral Resources Limited (MIN:ASX) is AU$79.76.
The 52-week low share price for Mineral Resources Limited (MIN:ASX)? is AU$51.32.
The current TTM dividend payout for Mineral Resources Limited (MIN:ASX) is 2.50.
The last dividend payment of Mineral Resources Limited (MIN:ASX) is AU$0.20.
Mineral Resources Limited (MIN:ASX) has a franking level of 100.0%.
Mineral Resources Limited (MIN:ASX) is classified in the Mining.
The current P/E ratio for Mineral Resources Limited (MIN:ASX) is 18.70.