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Mineral Resources Limited (AU:MIN)
ASX:MIN
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Mineral Resources Limited (MIN) AI Stock Analysis

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AU:MIN

Mineral Resources Limited

(Sydney:MIN)

Rating:58Neutral
Price Target:
AU$32.00
▼(-2.85% Downside)
The overall stock score is primarily driven by strong technical momentum, despite significant overbought signals, and solid financial performance with revenue growth and efficiency. However, the negative P/E ratio and lack of dividends significantly lower the valuation score, impacting the overall score negatively.

Mineral Resources Limited (MIN) vs. iShares MSCI Australia ETF (EWA)

Mineral Resources Limited Business Overview & Revenue Model

Company DescriptionMineral Resources Limited (MIN) is an Australian-based integrated mining services company with a strong presence in the resources sector. It is involved in the mining, processing, and export of iron ore and lithium, as well as providing mining services and infrastructure solutions. The company operates across various segments, including commodities, mining services, and infrastructure, focusing on the production and export of key resources while delivering comprehensive services to the mining industry.
How the Company Makes MoneyMineral Resources Limited generates revenue through multiple streams, primarily from its mining operations and mining services. The company's mining operations involve the extraction and sale of iron ore and lithium, which contribute significantly to its revenue. Additionally, MIN offers mining services such as crushing, screening, and processing, which provide a steady income by servicing other mining companies. The company also benefits from strategic partnerships and joint ventures, enhancing its production capabilities and market reach. Factors such as commodity prices, operational efficiency, and demand for mining services play a crucial role in the company's earnings.

Mineral Resources Limited Earnings Call Summary

Earnings Call Date:Feb 18, 2025
(Q4-2024)
|
% Change Since: 1.42%|
Next Earnings Date:Aug 27, 2025
Earnings Call Sentiment Positive
The earnings call highlighted significant achievements, particularly the completion of the first ore shipment at Onslow and strong fiscal performance in FY '24. However, challenges in the mining services sector, safety concerns, and market weakness in lithium were noted. Despite these challenges, the company's liquidity and strategic expansions suggest a positive outlook.
Q4-2024 Updates
Positive Updates
First Ore on Ship at Onslow
Mineral Resources delivered its first ore on ship in May 2024, just 11 months after breaking ground at the Onslow mine, marking a significant achievement in its 32-year history.
Strong Fiscal Performance
FY '24 volumes reached 269 million tonnes, up 9% year-on-year, with numbers largely in line with guidance.
Mining Services Expansion
Commencement of the first haulage contract in Queensland with 330-tonne road trains, indicating potential growth in the region.
Iron Ore Business Success
Onslow Iron project commissioning went smoothly, with 319,000 tonnes shipped in May and June and the first Capesize vessel loading expected in early August.
Solid Lithium Business Performance
FY '24 production and shipments at Wodgina and Mt Marion were records, with a 15% increase in received prices across three sites.
Significant Liquidity
Mineral Resources reported significant liquidity of $2.8 billion as of 30 June 2024, including $900 million in cash.
Negative Updates
Marginal Decline in Mining Services Volumes
Volumes were down to 61 million tonnes, mainly due to lower development activities at Wodgina and Marion.
TRIFR Increase
Total Recordable Injury Frequency Rate (TRIFR) increased slightly to 2.74, reflecting significant construction work at Onslow.
Lithium Market Weakness
Current lithium market prices are impacted by softer EV demand from the U.S. and Europe, and a seasonally weak period for China car sales.
Crusher Failure at Wodgina
A crusher failure in June led to a six-day plant shutdown, impacting production costs and performance.
Company Guidance
During the Mineral Resources Q4 2024 earnings call, significant guidance and metrics were shared, highlighting major developments and future prospects. The company celebrated the first shipment of ore from Onslow in May, just 11 months after initial ground-breaking, marking a pivotal moment in their 32-year history. They also reported a 49% sale of the Onslow haul road for $1.3 billion, aligning FY '24 numbers with guidance. With a TRIFR of 2.74, safety remains a priority despite a slight uptick due to Onslow's construction activities. Mining Services volumes slightly decreased to 61 million tonnes, yet the annual figure of 269 million tonnes reflected a 9% year-on-year increase, hitting the midpoint of guidance. Iron ore operations at Onslow saw smooth commissioning, with 319,000 tonnes shipped across May and June, and plans to reach 20 million tonnes per annum by year-end and 35 million by June 2025. The lithium segment reported strong FY '24 production, with SC6 shipments reaching 218,000 tonnes at Mt Marion and 201,000 tonnes at Wodgina, although costs slightly exceeded guidance. Financially, the company anticipates FY '24 net debt around $4.4 billion, bolstered by a $1.1 billion first payment from the Onslow road sale and a $600 million iron ore prepayment. The call underscored the robust growth trajectory and strategic financial maneuvers to support upcoming expansions.

Mineral Resources Limited Financial Statement Overview

Summary
Mineral Resources Limited exhibits strong revenue growth and operational efficiency, but faces challenges in profitability and cash flow. Increased leverage and a declining equity ratio suggest financial risks. Improving net profitability and managing capital expenditures are crucial for financial health.
Income Statement
65
Positive
Mineral Resources Limited has shown a remarkable growth trajectory in revenue over the years, with a significant increase in gross profit margin from 57.6% in 2023 to 80.6% in 2024, indicating strong operational efficiency. However, the net profit margin has declined from 5.1% to 2.4%, which raises concerns about the company's profitability. Despite strong EBIT and EBITDA margins, net income shows a decline, suggesting rising costs or other expenses impacting the bottom line.
Balance Sheet
60
Neutral
The company's balance sheet reveals a significant increase in total assets and stockholders' equity over the period. However, the debt-to-equity ratio increased from 0.93 in 2023 to 1.51 in 2024, indicating a higher leverage and increased financial risk. The equity ratio has decreased from 41.4% to 29.0%, which may suggest a reduced financial stability. The return on equity has also dropped substantially, reflecting decreased efficiency in generating returns from shareholders' investments.
Cash Flow
55
Neutral
The cash flow statement shows a negative free cash flow in the most recent period, primarily due to substantial capital expenditures. Although operating cash flow has improved, the free cash flow to net income ratio is negative, signaling potential cash flow challenges. The increase in operating cash flow is a positive sign, but the company needs to address its high capital expenditures to improve free cash flow.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue5.28B4.78B3.42B3.73B2.12B
Gross Profit3.88B2.75B1.89B2.37B1.17B
EBITDA995.00M1.05B962.90M2.15B1.73B
Net Income125.00M243.30M349.20M1.27B1.00B
Balance Sheet
Total Assets12.23B8.40B7.60B5.72B4.63B
Cash, Cash Equivalents and Short-Term Investments908.00M1.38B2.43B1.54B1.52B
Total Debt5.34B3.23B3.13B1.26B1.29B
Total Liabilities8.65B4.87B4.33B2.48B2.34B
Stockholders Equity3.54B3.48B3.23B3.20B2.26B
Cash Flow
Free Cash Flow-2.31B-467.20M-720.10M549.70M203.70M
Operating Cash Flow1.45B1.35B279.80M1.31B594.60M
Investing Cash Flow-3.87B-1.90B-654.30M-816.00M844.10M
Financing Cash Flow1.97B-516.40M1.23B-435.50M-160.00M

Mineral Resources Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price32.94
Price Trends
50DMA
25.24
Positive
100DMA
23.38
Positive
200DMA
28.42
Positive
Market Momentum
MACD
1.81
Positive
RSI
67.68
Neutral
STOCH
66.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:MIN, the sentiment is Positive. The current price of 32.94 is above the 20-day moving average (MA) of 29.33, above the 50-day MA of 25.24, and above the 200-day MA of 28.42, indicating a bullish trend. The MACD of 1.81 indicates Positive momentum. The RSI at 67.68 is Neutral, neither overbought nor oversold. The STOCH value of 66.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:MIN.

Mineral Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
58
Neutral
$5.82B50.78-33.95%4.54%2.22%-411.10%
44
Neutral
AU$1.44B-5.92-41.11%4.24%-3.35%-41.14%
$3.48B22.94-1.04%
$1.45B8.9610.39%1.62%
$2.25B1,408.33-36.53%7.13%
79
Outperform
AU$2.22B15.81152.73%5.58%-10.00%-16.51%
57
Neutral
AU$3.19B17.84-7.32%5.44%-6.64%-209.78%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:MIN
Mineral Resources Limited
30.76
-20.21
-39.65%
PILBF
Pilbara Minerals
1.11
-0.71
-39.01%
ILKAF
Iluka Resources Limited
3.95
0.51
14.83%
IPGDF
IGO
3.00
-0.38
-11.24%
AU:NIC
Nickel Mines Ltd.
0.73
-0.01
-1.35%
AU:DRR
Deterra Royalties Ltd
4.31
0.75
21.07%

Mineral Resources Limited Corporate Events

Dynamic Metals and Mineral Resources Revise Widgiemooltha Lithium JV Terms
Aug 3, 2025

Dynamic Metals Limited, in collaboration with Mineral Resources Limited, has announced updates to their Widgiemooltha Lithium Joint Venture. The revised agreement extends the earn-in period by two years and adjusts the Stage 2 earn-in requirement to $14 million, while refining the tenement package to focus on the most promising lithium prospects. This strategic adjustment reflects a collaborative approach to address current challenges in the lithium sector and underscores both companies’ commitment to advancing exploration and development activities.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Achieves Strong Q4 FY25 Performance and Strengthens Governance
Jul 29, 2025

Mineral Resources Limited reported strong operational performance for the quarter ending June 2025, achieving volume and cost guidance across all business segments. The company strengthened its board with new appointments and maintained robust liquidity, with over $1.1 billion available. The Onslow Iron joint venture is progressing well, and the company recorded a low FOB cost at Wodgina, indicating effective cost management. The company is also addressing governance and balance sheet improvements, which are expected to enhance its market positioning and stakeholder confidence.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Responds to RDG’s Voluntary Administration
Jul 28, 2025

Mineral Resources Limited (MinRes) has announced that Resource Development Group Limited (RDG), of which MinRes is a secured creditor and holds a 64.31% stake, has entered voluntary administration. MinRes declined a request from RDG for a cash advance to meet operating expenses, leading to RDG’s decision to appoint voluntary administrators. MinRes is working with the administrators to finalize funding terms and expects to recognize a non-cash impairment expense in its FY25 results. The company is focused on protecting its interests and those of its shareholders during the administration process.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Acquires Majority Stake in Ballard Mining
Jul 15, 2025

Mineral Resources Limited has become a substantial holder in Ballard Mining Limited, acquiring a 51.6% voting power through various entities within its corporate structure. This strategic acquisition, involving significant financial transactions, positions MinRes to exert considerable influence over Ballard’s operations, potentially impacting stakeholders and market dynamics within the mining industry.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Issues Appendix 3X Notifications for Directors
Jul 7, 2025

Mineral Resources Limited has announced the release of Appendix 3X notifications for directors Ross Carroll and Lawrie Tremaine. This announcement, authorized by the company’s CFO and Company Secretary, Mark Wilson, is a procedural update regarding the directors’ interests, which is crucial for maintaining transparency and compliance with ASX regulations.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Releases Chair Update for Stakeholder Engagement
Jul 7, 2025

Mineral Resources Limited has released a Chair Update presentation to be used by Non-Executive Chair Malcolm Bundey in meetings with proxy advisers and investors. This update is part of the company’s ongoing efforts to engage with stakeholders and provide insights into its strategic direction and operations.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Strengthens Board with New Appointments
Jul 6, 2025

Mineral Resources Limited has appointed Lawrie Tremaine and Ross Carroll as Independent Non-Executive Directors, reflecting a strategic move to enhance governance and financial oversight. These appointments are part of the company’s board renewal process, aiming to strengthen corporate governance and focus on the balance sheet, ultimately positioning MinRes for long-term value creation and increased shareholder confidence.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$60.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Aligns Director Fees with Share Allotment
Jul 4, 2025

Mineral Resources Limited has announced an allotment of shares to its Non-Executive Directors as part of their Director Fees for the quarter ended 30 June 2025. This move reflects the company’s strategy to align its leadership’s interests with shareholder value, potentially impacting its governance and stakeholder relations positively.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$61.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

JPMorgan Chase Ceases Substantial Holding in Mineral Resources Limited
Jul 3, 2025

JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Mineral Resources Limited, a company involved in the mining industry. The change in substantial holding was due to various transactions involving securities lending and proprietary trading by JPMorgan’s subsidiaries. This development may impact the company’s shareholder structure and could influence its market dynamics.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$61.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

JPMorgan Acquires Substantial Stake in Mineral Resources Limited
Jul 2, 2025

JPMorgan Chase & Co. and its affiliates have become a substantial holder in Mineral Resources Limited, acquiring a 5.04% voting power in the company as of June 30, 2025. This acquisition signifies a notable investment by a major financial institution, potentially impacting Mineral Resources Limited’s market positioning and stakeholder interests.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$61.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Updates on Director’s Shareholding
Jun 30, 2025

Mineral Resources Limited has released notifications regarding changes in the interests of its director, James McClements, as per Appendix 3Y and 3Z. The announcement details McClements’ acquisition of 2,271 ordinary shares, bringing his total to 33,347 shares, reflecting a director fee entitlement valued at $47,827 for the quarter ending June 30, 2025. This update is part of the company’s compliance with ASX listing rules and provides transparency to stakeholders about changes in director shareholdings.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$61.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

JPMorgan Becomes Substantial Holder in Mineral Resources Ltd
Jun 30, 2025

Mineral Resources Limited has announced that JPMorgan Chase & Co. and its affiliates have become a substantial holder in the company as of June 26, 2025, with a voting power of 5.32%. This development indicates a significant investment by a major financial institution, which could influence the company’s strategic direction and impact its market position, potentially affecting stakeholders and investors.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$61.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Appoints New Chair Amid Strategic Growth
Jun 30, 2025

Mineral Resources Limited has announced the appointment of Malcolm Bundey as the new Non-Executive Chair, effective 1 July 2025, following the retirement of James McClements. Under McClements’ leadership, the company experienced significant growth and challenges, expanding its mining services and consolidating its position in the lithium sector. Bundey’s appointment is seen as a strategic move to continue leveraging the company’s strengths and ensure sustained success in the mining services and resources industry.

The most recent analyst rating on (AU:MIN) stock is a Buy with a A$79.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

JPMorgan Reduces Stake in Mineral Resources Limited
Jun 26, 2025

Mineral Resources Limited has announced a change in the substantial holding of its shares by JPMorgan Chase & Co. and its affiliates. The voting power of JPMorgan has decreased from 6.45% to 5.17%, indicating a reduction in their stake. This shift in shareholding could impact the company’s stock market dynamics and influence investor perceptions.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$61.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Norges Bank Increases Stake in Mineral Resources Limited
Jun 15, 2025

Norges Bank has increased its voting power in Mineral Resources Limited from 5.01% to 6.19%, indicating a significant change in its stake in the company. This change in substantial holding reflects Norges Bank’s strategic interest and investment in the mining sector, potentially impacting Mineral Resources Limited’s shareholder dynamics and future decision-making processes.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$62.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Adjusts Onslow Iron Volume Guidance Amid Ramp-Up Progress
May 27, 2025

Mineral Resources Limited has revised its volume guidance for the Onslow Iron project due to lower-than-expected availability of contractor road trains and below forecast daily cycles. Despite these challenges, the project is accelerating its ramp-up, with significant month-on-month increases in shipments and is on track to achieve its nameplate capacity by Q1 FY26. The commissioning of the fifth transhipper, MinRes Peak, at the Port of Ashburton is expected to further enhance transhipping capacity.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$62.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Unveils Onslow Iron Investor Tour Details
May 27, 2025

Mineral Resources Limited has released a presentation for an investor tour related to its Onslow Iron project. The document highlights the company’s adherence to Australian Accounting Standards and the JORC Code for reporting mineral resources and ore reserves. While the presentation contains forward-looking statements about growth opportunities, management plans, and production forecasts, it cautions stakeholders about the inherent risks and uncertainties, especially in the current economic and geopolitical climate.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$62.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Appoints New Director to Strengthen Leadership
May 22, 2025

Mineral Resources Limited has announced the appointment of Malcolm Bundey as a new director, effective from May 19, 2025. This appointment is part of the company’s strategic efforts to strengthen its leadership team, potentially impacting its operational and strategic direction positively. Bundey’s appointment is expected to bring new insights and expertise to the company, which could enhance its industry positioning and stakeholder relations.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$62.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Updates Onslow Iron Project Reserves
May 22, 2025

Mineral Resources Limited has released updated Mineral Resources and Ore Reserves statements for the Onslow Iron Project, highlighting the geological characteristics of the Channel Iron Deposits. This update provides detailed diagrams of the project’s geology and drill coverage, which are crucial for understanding the resource’s potential and planning future extraction activities.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$62.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Mineral Resources Limited Announces Major Increase in Onslow Iron Project Reserves
May 20, 2025

Mineral Resources Limited announced a significant update to its Mineral Resources and Ore Reserves for the Onslow Iron Project, showing an 89% increase in Mineral Resources to 744 million tonnes and a 73% increase in Ore Reserves to 359 million tonnes. This update underscores the project’s potential as a long-life, low-cost operation, which is expected to drive the next phase of growth for MinRes’ Iron Ore and Mining Services divisions, further solidifying its position in the industry and promising ongoing value for stakeholders.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$62.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

UBS Group AG Ceases to be Substantial Shareholder in Mineral Resources Limited
May 19, 2025

UBS Group AG and its related entities have ceased to be substantial shareholders of Mineral Resources Limited as of May 15, 2025. This change in shareholding could impact the company’s market perception and investor relations, as substantial shareholders often influence corporate governance and strategic decisions.

The most recent analyst rating on (AU:MIN) stock is a Hold with a A$62.00 price target. To see the full list of analyst forecasts on Mineral Resources Limited stock, see the AU:MIN Stock Forecast page.

Norges Bank Acquires Substantial Stake in Mineral Resources Limited
May 6, 2025

Norges Bank has become a substantial holder in Mineral Resources Limited, acquiring a 5.45% voting power through its management of ordinary shares. This acquisition signifies a strategic investment by the Central Bank of Norway, potentially impacting the company’s shareholder dynamics and market perception.

Norges Bank Acquires Substantial Stake in Mineral Resources Limited
May 4, 2025

Norges Bank has become a substantial holder in Mineral Resources Limited, acquiring a 5.12% voting power through its discretionary management of funds on behalf of the Government of Norway. This acquisition reflects a strategic investment by Norges Bank, potentially impacting the company’s shareholder dynamics and signaling confidence in the company’s market position and future prospects.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 23, 2025