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1 Comment
Mineral Resources Limited is currently in a long term uptrend where the price is trading 50.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.8.
Mineral Resources Limited's total revenue rose by 55.1% to $2B since the same quarter in the previous year.
Its net income has dropped by 41.3% to $519M since the same quarter in the previous year.
Finally, its free cash flow grew by 25.5% to $-83M since the same quarter in the previous year.
Based on the above factors, Mineral Resources Limited gets an overall score of 4/5.
Exchange | AU |
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CurrencyCode | AUD |
ISIN | AU000000MIN4 |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Market Cap | 4B |
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PE Ratio | None |
Target Price | 28.5219 |
Beta | 1.36 |
Dividend Yield | None |
Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, Asia, and internationally. It operates through five segments: Mining Services, Iron Ore, Lithium, Energy, and Other Commodities. The company offers contract crushing, screening, and processing; transport and logistics; site services; rehabilitation services; and design, engineering, and construction services for resources sector. It has a portfolio of iron ore assets; and holds interests in the Wodgina lithium project, the Mount Marion project, and the Bald Hill project located in Western Australia, as well as focuses on the natural gas and energy solutions. Mineral Resources Limited was founded in 1993 and is based in Osborne Park, Australia.
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