Mineral Resources Limited (AU:MIN)
ASX:MIN
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MIN Stock Chart & Stats
AU$63.54
-AU$0.87(-2.45%)
At close: 4:00 PM EST
AU$63.54
-AU$0.87(-2.45%)
Day’s Range― - ―
52-Week RangeAU$18.46 - AU$69.32
Previous CloseN/A
Volume1.32M
Average Volume (3M)1.60M
Market Cap
AU$13.59B
Enterprise ValueAU$19.02B
Total Cash (Recent Filing)AU$671.00M
Total Debt (Recent Filing)AU$5.62B
Price to Earnings (P/E)5.4
Beta2.43
Next Earnings
Aug 31, 2026EPS Estimate
1.67Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.04
Shares Outstanding197,631,820
10 Day Avg. Volume1,527,535
30 Day Avg. Volume1,601,810
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.32
Price to Sales (P/S)0.95
P/FCF Ratio-1.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$63.06Price Target Upside-0.75% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)3.66
Revenue Forecast (FY)AU$6.23B
Bulls Say, Bears Say
Bulls Say
High Margins And Record EBITDAThe half produced record underlying EBITDA and positive free cash flow after significant sustaining capex, underpinned by an 85% gross margin. This demonstrates durable cash-generation potential from operations that can fund deleveraging, sustain capex and provide optionality for disciplined growth over the next 2–6 months.
Low‑cost, Scalable Onslow Iron AssetOnslow’s ramp to nameplate with a low FOB cost (~$52/t) and clear path to ~40Mtpa materially strengthens Mineral Resources’ structural cost position. Scale and low unit costs create long-lived margin resilience and meaningful EBITDA upside at modest iron‑price recoveries, supporting sustained earnings and deleveraging.
Mining Services Delivers Scale And Stable MarginsThe contracting business generated record volumes and strong margins with low sustaining capex, providing a diversified, fee‑based revenue stream. Its scale and consistent per‑tonne economics reduce earnings cyclicality, support cash generation and provide counter‑cyclical stability to commodity exposures over the medium term.
Bears Say
Elevated Net Debt And LeverageDespite recent deleveraging, net debt remains sizable around A$4.9bn and leverage is only expected to fall below 2x after POSCO proceeds. Elevated indebtedness constrains financial flexibility, increases refinancing and interest expense risk, and limits capacity for unrestricted capital deployment until materially reduced.
Negative Operating And Free Cash Flow TrendHistoric negative operating and free cash flows and a sharp decline in free cash flow growth highlight a structural cash‑generation weakness. The company must convert stronger EBITDA into consistent operating cash to service debt, fund sustaining and growth capex, and meet liquidity targets without relying on asset sales.
Commodity And Operational VolatilityReturns remain sensitive to iron and lithium price volatility and operational disruptions (cyclone downtime, transhipper/channel works). Ongoing recovery work at Wodgina and dredging requirements create execution risk and variability in output and unit costs, weakening near‑term earnings visibility until resolved.
Mineral Resources Limited News
MIN FAQ
What was Mineral Resources Limited’s price range in the past 12 months?
Mineral Resources Limited lowest share price was AU$18.46 and its highest was AU$69.32 in the past 12 months.
What is Mineral Resources Limited’s market cap?
Mineral Resources Limited’s market cap is AU$13.59B.
When is Mineral Resources Limited’s upcoming earnings report date?
Mineral Resources Limited’s upcoming earnings report date is Aug 31, 2026 which is in 116 days.
How were Mineral Resources Limited’s earnings last quarter?
Mineral Resources Limited released its earnings results on Feb 19, 2026. The company reported AU$2.501 earnings per share for the quarter, beating the consensus estimate of AU$1.192 by AU$1.309.
Is Mineral Resources Limited overvalued?
According to Wall Street analysts Mineral Resources Limited’s price is currently Overvalued.
Does Mineral Resources Limited pay dividends?
Mineral Resources Limited pays a Semiannually dividend of AU$0.2 which represents an annual dividend yield of N/A. See more information on Mineral Resources Limited dividends here
What is Mineral Resources Limited’s EPS estimate?
Mineral Resources Limited’s EPS estimate is 1.67.
How many shares outstanding does Mineral Resources Limited have?
Mineral Resources Limited has 197,631,820 shares outstanding.
What happened to Mineral Resources Limited’s price movement after its last earnings report?
Mineral Resources Limited reported an EPS of AU$2.501 in its last earnings report, beating expectations of AU$1.192. Following the earnings report the stock price went down -5.251%.
Which hedge fund is a major shareholder of Mineral Resources Limited?
Currently, no hedge funds are holding shares in AU:MIN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Mineral Resources Limited Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$63.06 (-0.75% Downside)
AU$63.06 (-0.75% Downside)
Blogger Sentiment
Bullish
AU:MIN Sentiment 93%
Sector Average 75%
Sector Average 75%
Insider Transactions
Bought Shares
Worth AU$99.9K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
79.50%
12-Months-Change
Fundamentals
Return on Equity
11.50%
Trailing 12-Months
Asset Growth
2.60%
Trailing 12-Months
Company Description
Mineral Resources Limited
Mineral Resources Limited, together with subsidiaries, operates as a mining services company in Australia, China, Singapore, and internationally. It operates through five segments: Mining Services and Processing, Iron Ore, Lithium, Other Commodities, and Central. The company offers contract crushing, screening, and processing; specialized mine services, including materials handling, plant and equipment hire and maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services for resources sector. It also manages the processing, production, logistics, ship loading, marketing, and export of 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 holds interests in the Mount Marion and Wodgina lithium projects located in Western Australia. Mineral Resources Limited was founded in 1993 and is based in Osborne Park, Australia.
MIN Company Deck
MIN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlights significant operational and financial progress: a record half driven by Onslow Iron ramp-up, strong Mining Services performance (166Mt and 29% EBITDA growth), improving lithium returns and a clear deleveraging trajectory supported by the POSCO transaction and a strengthened liquidity buffer. Key challenges remain — commodity price volatility, cyclone-related downtime and channel/dredging works, and elevated net debt until POSCO proceeds and further cash generation reduce leverage. Management has adopted prudent capital discipline (no interim dividend, >A$1bn liquidity target, <2x leverage goal) which tempers near-term returns but supports sustainable deleveraging and optionality for future growth.View all AU:MIN earnings summariesMIN Stock 12 Month Forecast
Average Price Target
AU$63.06
▼(-0.75% Downside)
Technical Analysis
Options Prices
Currently, No data available
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