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: ASX50 | 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

$49.42

28 Jun
2022

0.710

OPEN

$48.86

1.46%

HIGH

$49.93

1,333,178

LOW

$48.50

TARGET
$69.83 41.3% upside
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 673.2 244.1 xxx
DPS (cps) xxx 275.0 90.3 xxx
EPS Growth xxx 26.3% - 63.7% xxx
DPS Growth xxx 100.0% - 67.2% xxx
PE Ratio xxx N/A 20.1 xxx
Dividend Yield xxx N/A 1.8% xxx
Div Pay Ratio(%) xxx 40.9% 37.0% xxx

Dividend yield today if purchased 3 years ago: 18.36%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.61

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

1.0

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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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Credit Suisse

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

26/04/2022

1

Buy

$73.00

47.71%

In the March quarter, Mineral Resources delivered higher iron ore production and lower spodumene, compared with expectations. Cost guidance has been maintained. Citi is looking forward to a follow-up on the Lockyer Deep-1 gas well.

Meanwhile, shipments of iron ore from Yilgarn are on track to achieve guidance for FY22 and Ashburton is still expecting a final investment decision from the partners in June.

At Mount Marion mining continued through the transitional ore and ore mined was down -33%. The re-start of train 1 at Wodgina is progressing, with first spodumene expected in May. Buy rating retained. Target is reduced to $73 from $76.

FORECAST
Citi forecasts a full year FY22 dividend of 106.00 cents and EPS of 222.40 cents.
Citi forecasts a full year FY23 dividend of 394.00 cents and EPS of 788.70 cents.

Ord Minnett

xx/xx/xxxx

-1

xx xxxxxx

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
Rudi’s View: Centuria Industrial REIT, Dexus, OZ Minerals, Pro Medicus, ResMed & South32

Jun 16 2022 - Rudi's View
2
May In Review: Small Cap Shares Underperform

Jun 06 2022 - Australia
3
Game Over For Lithium?

Jun 02 2022 - Commodities
4
Material Matters: Iron ore, Lithium and Oil & Gas

May 27 2022 - Commodities
5
Treasure Chest: Mining Services Undervalued

May 18 2022 - Treasure Chest

Latest Iron Ore News

1
Iron Ore Miners: Buy The Dips

Apr 29 2022 - Technicals
2
Iron Ore Miners: Broker Views

Dec 07 2021 - Australia
3
Fortescue Metals Fields The Green Narrative

Aug 31 2021 - Australia
4
All Over For Iron Ore?

Aug 12 2021 - Commodities
5
Fortescue: Break Out

Jul 13 2021 - Technicals
6
Iron Ore: Remain Bullish

Jun 17 2021 - Technicals
7
Iron Bridge Costs Up But Fortescue Is Forgiven

May 31 2021 - Australia
8
Iron Ore: Remain Bullish

May 12 2021 - Technicals
9
China In Africa: Implications For Australia

Apr 23 2021 - International
10
Fortescue: Recovery Underway?

Mar 30 2021 - Technicals