MINERAL RESOURCES LIMITED (MIN)
Share Price Analysis and Chart

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MIN - MINERAL RESOURCES LIMITED

FNArena Sector : Iron Ore
Year End: June
GICS Industry Group : Materials
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

$63.96

21 Jan
2022

-2.010

OPEN

$65.15

-3.05%

HIGH

$65.68

2,271,832

LOW

$62.84

TARGET
$54.97 -14.1% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ARI . BCI . FMG . GRR . MGX . CIA . DRR . FMS . GEN .
FNARENA'S MARKET CONSENSUS FORECASTS
MIN: 1
Title FY20
Actual		 FY21
Actual		 FY22
Forecast		 FY23
Forecast
EPS (cps) xxx 673.2 251.2 xxx
DPS (cps) xxx 275.0 113.8 xxx
EPS Growth xxx 26.3% - 62.7% xxx
DPS Growth xxx 100.0% - 58.6% xxx
PE Ratio xxx N/A 25.5 xxx
Dividend Yield xxx N/A 1.8% xxx
Div Pay Ratio(%) xxx 40.9% 45.3% xxx

Dividend yield today if purchased 3 years ago: 17.68%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.30

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: 17/08 - ex-div 175c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx673.2
DPS All xxxxxxxxxxxxxxx275.0
Sales/Revenue xxxxxxxxxxxxxxx3,733.6 M
Book Value Per Share xxxxxxxxxxxxxxx1,702.2
Net Operating Cash Flow xxxxxxxxxxxxxxx1,309.4 M
Net Profit Margin xxxxxxxxxxxxxxx34.01 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx46.44 %
Return on Invested Capital xxxxxxxxxxxxxxx32.71 %
Return on Assets xxxxxxxxxxxxxxx24.22 %
Return on Equity xxxxxxxxxxxxxxx46.44 %
Return on Total Capital xxxxxxxxxxxxxxx40.03 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx292.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.4

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

15/12/2021

3

Hold

$46.00

-28.08%

Ord Minnett retains the view that the lithium market will remain in perpetual deficit and expects compound annual demand growth of 24%
through to 2030. In light of this, and strong recent prices, the broker is surprised lithium equities haven’t performed more strongly.

The broker maintains its Hold rating for Mineral Resources. While leverage to lithium has increased with the pullback in iron ore, the company is considered the most expensive on most metrics across Ord Minnett's coverage of the sector. The target rises to $46 from $40.

This stock is not covered in-house by Ord Minnett. Instead, the broker whitelabels research by JP Morgan.

FORECAST
Ord Minnett forecasts a full year FY22 dividend of 42.00 cents and EPS of 141.00 cents.
Ord Minnett forecasts a full year FY23 dividend of 113.00 cents and EPS of 378.00 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

MIN STOCK CHART

FNArena News on MIN

1
Material Matters: Iron ore, Lithium, Nickel, Coal, Gold & Rare Earths

Dec 14 2021 - Commodities
2
Iron Ore Miners: Broker Views

Dec 07 2021 - Australia
3
November In Review: Third Consecutive Down Month For Equities 

Dec 06 2021 - Australia
4
October In Review: Shares Flat As Bond Yields Rise

Nov 04 2021 - Australia
5
Australian Broker Call *Extra* Edition – Oct 28, 2021

Oct 28 2021 - Daily Market Reports

Latest Iron Ore News

1
Iron Ore Miners: Broker Views

Dec 07 2021 - Australia
2
Fortescue Metals Fields The Green Narrative

Aug 31 2021 - Australia
3
All Over For Iron Ore?

Aug 12 2021 - Commodities
4
Fortescue: Break Out

Jul 13 2021 - Technicals
5
Iron Ore: Remain Bullish

Jun 17 2021 - Technicals
6
Iron Bridge Costs Up But Fortescue Is Forgiven

May 31 2021 - Australia
7
Iron Ore: Remain Bullish

May 12 2021 - Technicals
8
China In Africa: Implications For Australia

Apr 23 2021 - International
9
Fortescue: Recovery Underway?

Mar 30 2021 - Technicals
10
Mineral Resources: Ready To Launch?

Mar 23 2021 - Technicals