Mineral Resources Share Price and Company Fundamentals



Price
$44.92
Change
-0.340 (-0.751%)
52 week
31.49 - 65.38

Last traded: Today at 5:10 AM

Mineral Resources Limited, together with subsidiaries, operates as a mining services and processing company in Australia, China, and Singapore. It operates through three segments: Mining Services, Commodities, and Central. The company offers contract crushing, screening, processing, and specialist mining services; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector. It also manages the processing, production, logistics, ship loading, marketing, and export of resource commodities on behalf of tenement owners; and provides specialist parts to the mining, quarrying, and recycling industries. In addition, the company has a portfolio of iron ore assets; and owns interests in the Mount Marion and Wodgina lithium projects located in Western Australia. The company was founded in 1993 and is based in Applecross, Australia.

Key Metrics

PE ratio

6.72

PB ratio

2.67

Dividend yield

6.08%

Beta

1.26

Market cap

$8.55B

Enterprise value

$8.27B

Company profile

Primary activitiesMining services
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Full time employees5000
Websitehttp://www.mineralresources.com.au
Mailing address1 Sleat Road Applecross WA 6153 Australia
Phone / Fax61 8 9329 3600 / 61 8 9329 3601
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Annual reports

Published onReport
08 Oct 2021FY21 Annual Report to shareholders

Dividends

More: Mineral Resources Dividend history, yield and payout ratio

Dividend yield

6.08%

Dividend amount

$2.75

Payout ratio

26.29%

5Y Avg. yield

3.61%

Mineral Resources paid $2.75 dividend and the ex-dividend date was 17 Aug 2021.The dividend payout ratio is 26.29%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MIN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MIN's forward dividend amount is $2.75 and the forward dividend yield is 6.08%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2021, following are the company executives and directors listed on Mineral Resources.

NameTitleAgeTotal Pay
Mr. Christopher James EllisonMD & Exec. Director632.03M
Mr. Mark G. Wilson ASIA, B.Com, LLBCFO & Company Sec.531.61M
Mr. Michael GreyChief Exec. of Mining Services1.42M
Mr. Paul BrownChief Exec. of Commodities1.42M
Mr. James BruceHead of Investor Relations
Mr. Kazbek ShaimerdinovHead of Legal Department and Acting Managing Director of Legal Support and Risk
Mr. Derek OelofseGroup Financial Controller & Joint Company Sec.

Profitability and management effectiveness

Profit margin

34.01%

Operating margin

43.40%

Return on assets

19.32%

Return on equity

45.75%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Mineral Resources is 8.55B and its enterprise value is 8.27B. The enterprise value to revenue ratio of MIN is 2.21.

The MIN's stocks Beta value is 1.26 making it 26% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Mineral Resources (MIN)

Mineral Resources (ASX:MIN) Frequently Asked Questions

1. What is Mineral Resources's Stock Symbol?

Mineral Resources trades on ASX under the ticker symbol "MIN".

2. What is Mineral Resources's stock price today?

One share of MIN stock can currently be purchased for approximately $44.92.

3. How can I contact Mineral Resources?

Mineral Resources's mailing address is 1 Sleat Road Applecross WA 6153 Australia. The company can be reached via phone at 61 8 9329 3600.

4. What is Mineral Resources's official website?

The official website of Mineral Resources is http://www.mineralresources.com.au.

5. Which share registry manages Mineral Resources's stock?

Mineral Resources's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.