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

$45.18

15 Apr
2021

1.690

OPEN

$45.00

3.89%

HIGH

$46.65

1,648,200

LOW

$44.50

TARGET
$45.44 0.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ARI . BCI . FMG . GRR . MGX . CIA . DRR . FMS .
FNARENA'S MARKET CONSENSUS FORECASTS
MIN: 1
Title FY19
Actual		 FY20
Actual		 FY21
Forecast		 FY22
Forecast
EPS (cps) xxx 533.0 618.4 xxx
DPS (cps) xxx 100.0 266.0 xxx
EPS Growth xxx 100.0% 16.0% xxx
DPS Growth xxx 100.0% 100.0% xxx
PE Ratio xxx N/A 6.9 xxx
Dividend Yield xxx N/A 6.2% xxx
Div Pay Ratio(%) xxx 18.8% 43.0% xxx

Dividend yield today if purchased 3 years ago: 6.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.34

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: 16/02 - 100c (100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2021 FactSet UK Limited. All rights reserved
Title 201520162017201820192020
EPS Basic xxxxxxxxxxxxxxx533.0
DPS All xxxxxxxxxxxxxxx100.0
Sales/Revenue xxxxxxxxxxxxxxx2,125 M

EPS Basic

DPS All

Sales/Revenue

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

Citi

xx/xx/xxxx

1

xxxxxxxxxx xx xxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

29/03/2021

3

Hold

$42.10

(12/04/2021)

-6.82%

Ord Minnett updates production profiles amidst a recovery in demand and pricing for lithium chemicals. As the market tightens, sourcing lithium units is being prioritised over grades.

The broker retains a Hold rating on Mineral Resources ahead of developments in its iron ore projects. Target is raised to $41.60 from $41.40.

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 FY21 dividend of 202.00 cents and EPS of 685.00 cents.
Ord Minnett forecasts a full year FY22 dividend of 195.00 cents and EPS of 779.00 cents.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

MIN STOCK CHART

FNArena News on MIN

1
The Wrap: Telcos, Insurance, REITs, Wealth Platforms

10:00 AM - Weekly Reports
2
Material Matters: Lithium, Oil, Base Metals, Gold

Apr 14 2021 - Commodities
3
Material Matters: Nickel, Oil, Silver, Iron ore, Copper

Apr 12 2021 - Commodities
4
Material Matters: Bulks, Gold And Lithium

Mar 30 2021 - Commodities
5
Mineral Resources: Ready To Launch?

Mar 23 2021 - Technicals

Latest Iron Ore News

1
Fortescue: Recovery Underway?

Mar 30 2021 - Technicals
2
Mineral Resources: Ready To Launch?

Mar 23 2021 - Technicals
3
Fortescue Ensures Dividends Aplenty

Dec 10 2020 - Australia
4
Iron Ore: Reasons To Remain Bullish

Dec 02 2020 - Technicals
5
Deterra Royalties To The Fore In Iron Ore

Nov 12 2020 - Australia
6
Iron Ore: Soaring And Roaring

Sep 14 2020 - Commodities
7
Can Fortescue Metals Sustain Lofty Heights?

Aug 25 2020 - Australia
8
Iron Ore Miners: Buy The Dips

Jul 22 2020 - Technicals
9
More Upside For Fortescue

Jul 14 2020 - Technicals
10
Material Matters: Copper Concerns And Iron Ore

Jun 29 2020 - Commodities