Deterra Royalties Ltd (ASX: DRR) Share Price and News

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Deterra Royalties Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $2.15 billion
P/E Ratio 12.80
Dividend Yield 7.82%
Shares Outstanding 528.65 million
Earnings per share 0.317
Dividend per share 0.30
Year To Date Return -20.13%
Earnings Yield 7.81%
Franking 100%
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as at 24 Feb 3:44pm

  • Deterra Royalties Ltd (ASX: DRR)
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    ASX 200 stock nosedives 10% on new lithium play

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    A female miner wearing a high vis vest and hard hard smiles and holds a clipboard while inspecting a mine site with a colleague.
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    Frequently Asked Questions

    Yes, Deterra has historically paid two fully franked shareholder dividends a year.

    Deterra generally pays its shareholder dividends in March and September.

    Deterra Royalties Ltd listed on the ASX on 23 October 2020.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    22 Feb 2024 $0.1489 100.00% Interim 21 Mar 2024
    22 Aug 2023 $0.1685 100.00% Final 19 Sep 2023
    24 Feb 2023 $0.1200 100.00% Interim 23 Mar 2023
    25 Aug 2022 $0.2208 100.00% Final 21 Sep 2022
    11 Mar 2022 $0.1168 100.00% Interim 31 Mar 2022
    02 Sep 2021 $0.1152 100.00% Final 22 Sep 2021
    16 Mar 2021 $0.0245 100.00% Interim 31 Mar 2021

    DRR ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Deterra Royalties Ltd

    Deterra Royalties Ltd (ASX: DRR) manages a portfolio of mining royalty assets. The company was spun out of Iluka Resources Ltd (ASX: ILU) in October 2020 with Iluka retaining a 20% interest.

    Its primary income-generating asset is a royalty covering iron ore produced by BHP from royalty Mining Area C, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024.

    The royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop over the longer term as part of its plan to operate the production hub for at least 50 years.

    Deterra also manages smaller royalties including Yoongarillup/Yalyalup, Wonnerup, Eneabba, and St Ives in Western Australia. The company's portfolio covers bulks, base metals, and battery metals. It plans to further diversify its royalty holdings.

    DRR Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    21 Jun 2024 $4.06 $-0.05 -1.22% 4,338,923 $4.10 $4.11 $4.00
    20 Jun 2024 $4.11 $-0.02 -0.48% 4,041,579 $4.14 $4.19 $4.07
    19 Jun 2024 $4.13 $0.01 0.24% 2,985,792 $4.12 $4.13 $4.09
    18 Jun 2024 $4.12 $0.06 1.48% 2,184,714 $4.13 $4.15 $4.06
    17 Jun 2024 $4.06 $-0.09 -2.17% 5,757,458 $4.17 $4.18 $3.99
    14 Jun 2024 $4.15 $-0.31 -6.95% 8,044,586 $4.34 $4.34 $3.90
    13 Jun 2024 $4.46 $0.02 0.45% 1,209,012 $4.46 $4.51 $4.45
    12 Jun 2024 $4.44 $-0.04 -0.89% 3,161,020 $4.47 $4.49 $4.42
    11 Jun 2024 $4.48 $-0.10 -2.18% 1,181,641 $4.53 $4.55 $4.47
    07 Jun 2024 $4.58 $0.03 0.66% 883,820 $4.57 $4.60 $4.55
    06 Jun 2024 $4.55 $-0.03 -0.66% 1,726,900 $4.58 $4.61 $4.52
    05 Jun 2024 $4.58 $-0.11 -2.35% 1,221,876 $4.65 $4.67 $4.58
    04 Jun 2024 $4.69 $-0.01 -0.21% 995,066 $4.69 $4.72 $4.66
    03 Jun 2024 $4.70 $0.07 1.51% 2,414,675 $4.67 $4.75 $4.66
    31 May 2024 $4.63 $0.09 1.98% 1,793,012 $4.56 $4.63 $4.53
    30 May 2024 $4.54 $-0.12 -2.58% 1,572,572 $4.66 $4.69 $4.52
    29 May 2024 $4.66 $-0.10 -2.10% 1,630,862 $4.73 $4.74 $4.66
    28 May 2024 $4.76 $-0.01 -0.21% 876,585 $4.78 $4.80 $4.74
    27 May 2024 $4.77 $-0.02 -0.42% 616,659 $4.81 $4.82 $4.76

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    19 Jun 2024 Jennifer (Jenny) Seabrook Buy 16,224 $66,762
    On-market trade.
    08 Mar 2024 Julian Andrews Sell 5,050 $25,351
    As advised by the company. Cessation of indirect interest following
    distribution of 5,050 ordinary fully paid
    shares held on trust to beneficiary.
    24 Jan 2024 Jennifer (Jenny) Seabrook Issued 8,000 $42,560
    As advised by the company. grant of probate
    24 Jan 2024 Jennifer (Jenny) Seabrook Sell 24,000 $127,680
    As advised by the company. Lapse of power of attorney
    01 Nov 2023 Julian Andrews Issued 196,898 $923,451
    Issue of securities. 6,52,120 rights
    17 Aug 2023 Jason Neal Buy 9,000 $40,630
    On-market trade.
    16 Aug 2023 Julian Andrews Expiry 120,381 $541,714
    As advised by the company. Lapsed, 4,21,530 Rights
    16 Aug 2023 Julian Andrews Buy 72,507 $326,281
    Conversion of securities.
    16 Aug 2023 Julian Andrews Issued 33,692 $151,614
    Issue of securities. 4,55,222 Rights
    16 Aug 2023 Julian Andrews Exercise 72,507 $326,281
    Conversion of securities. 5,41,911 Rights

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Jennifer (Jenny) Anne Seabrook Non-Executive ChairmanNon-Executive Director Jun 2020
    Ms Seabrook has over 30 years of corporate experience across capital markets, mergers and acquisitions and accounting advisory roles and several Non-Executive directorships for listed, unlisted and federal and state government corporations.
    Ms Adele Stratton Non-Executive Director Jun 2020
    Ms Stratton has finance, operations and commercial experience to Deterra. As Chief Financial Officer and Head of Development at Iluka Resources Limited, she has over 20 years' experience working in both professional practice and public listed companies, including KPMG and Rio Tinto
    Mr Julian Andrews Chief Executive OfficerManaging Director Jun 2020
    Mr Andrews' experience spans over 20 years in broad project finance, capital raising and mergers and acquisitions across the mining, energy and chemicals industry landscape. Prior to his appointment as Managing Director, Mr Andrews was Head of Strategy, Planning and Business Development at Iluka Resources.
    Mr Graeme Devlin Non-Executive Director Oct 2020
    Mr Devlin has experiences from his business development, operational, investment evaluation and structured finance roles within BHP Group, Rio Tinto and CRA Limited. He served as BHP's head of acquisitions and divestments from 2009 to 2016.
    Mr Jason Neal Non-Executive Director Nov 2022
    Mr Neal brings 25 years of experience in the mining sector in both executive and investment banking roles. He is currently Lead Director of G Mining Ventures, a TSX-V listed precious metals mine developer and a Founding Partner of Whetstone Resources, a private acquisition company focused on base metal mining assets. Previously, Mr. Neal served as Executive Vice President at Kirkland Lake Gold where he was responsible for Corporate Development, Business Improvement, Capital Projects and Investor Relations, and President and Chief Executive Officer of TMAC Resources prior to its sale to Agnico Eagle. He is a mining investment banker, having worked with BMO Capital Markets from 1997, serving as Co-Head and Managing Director of BMOs Global Metals and Mining Group from 2010.
    Ms Bronwyn Kerr Company SecretaryGeneral Counsel Nov 2021
    -
    Mr Jason Clifton Chief Financial OfficerJoint Company Secretary Dec 2023
    -
    Jason Clifton Chief Financial OfficerJoint Company Secretary
    -
    Bronwyn Kerr Company SecretaryGeneral Counsel
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 137,892,877 26.09%
    Iluka Resources Limited 105,692,420 20.00%
    J P Morgan Nominees Australia Pty Limited 100,595,522 19.03%
    Citicorp Nominees Pty Limited 61,422,269 11.62%
    National Nominees Limited 17,583,298 3.33%
    Bnp Paribas Noms Pty Ltd <Drp> 9,809,955 1.86%
    UBS Nominees Pty Ltd 6,068,244 1.15%
    Bnp Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 4,651,520 0.88%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 2,870,484 0.54%
    HSBC Custody Nominees (Australia) Limited A/C 2 1,637,664 0.31%
    Netwealth Investments Limited <Wrap Services A/C> 1,298,600 0.25%
    R O Henderson (Beehive) Pty Limited 1,080,000 0.20%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 1,070,560 0.20%
    Bnp Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> 896,752 0.17%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd <Drp A/C> 870,217 0.16%
    Carlton Hotel Limited 502,308 0.10%
    Bnp Paribas Noms (Nz) Ltd <Drp> 484,496 0.09%
    Mr Angus Mackay 481,250 0.09%
    HSBC Custody Nominees (Australia) Limited- i 470,790 0.09%
    Mcneil Nominees Pty Limited 450,000 0.09%

    Profile

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