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 $2.06 billion
P/E Ratio 13.47
Dividend Yield 7.43%
Shares Outstanding 528.81 million
Earnings per share 0.293
Dividend per share 0.29
Year To Date Return -19.68%
Earnings Yield 7.42%
Franking 100%
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as at 24 Feb 3:44pm

  • Deterra Royalties Ltd (ASX: DRR)
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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
    27 Aug 2024 $0.1440 100.00% Final 24 Sep 2024
    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
    13 Dec 2024 $3.89 $-0.02 -0.51% 1,367,788 $3.89 $4.02 $3.88
    12 Dec 2024 $3.91 $-0.03 -0.76% 811,651 $3.92 $3.97 $3.89
    11 Dec 2024 $3.94 $-0.06 -1.50% 721,640 $3.94 $4.01 $3.94
    10 Dec 2024 $4.00 $0.15 3.90% 1,789,120 $3.98 $4.08 $3.98
    09 Dec 2024 $3.85 $-0.04 -1.03% 903,851 $3.85 $3.87 $3.79
    06 Dec 2024 $3.89 $-0.02 -0.51% 1,074,869 $3.88 $3.94 $3.87
    05 Dec 2024 $3.91 $0.02 0.51% 1,073,551 $3.90 $3.94 $3.87
    04 Dec 2024 $3.89 $0.03 0.78% 785,586 $3.85 $3.90 $3.83
    03 Dec 2024 $3.86 $0.09 2.39% 1,460,915 $3.79 $3.86 $3.78
    02 Dec 2024 $3.77 $0.02 0.53% 850,298 $3.77 $3.78 $3.74
    29 Nov 2024 $3.75 $0.03 0.81% 1,067,162 $3.69 $3.75 $3.69
    28 Nov 2024 $3.72 $0.03 0.81% 1,048,305 $3.70 $3.74 $3.70
    27 Nov 2024 $3.69 $0.04 1.10% 770,925 $3.67 $3.71 $3.65
    26 Nov 2024 $3.65 $-0.01 -0.27% 1,055,603 $3.74 $3.74 $3.63
    25 Nov 2024 $3.66 $0.02 0.55% 1,529,886 $3.66 $3.71 $3.64
    22 Nov 2024 $3.64 $0.00 0.00% 857,500 $3.68 $3.72 $3.64
    21 Nov 2024 $3.64 $0.00 0.00% 741,585 $3.68 $3.73 $3.64
    20 Nov 2024 $3.64 $-0.03 -0.82% 3,758,877 $3.68 $3.71 $3.63
    19 Nov 2024 $3.67 $0.00 0.00% 775,890 $3.66 $3.73 $3.64
    18 Nov 2024 $3.67 $0.07 1.94% 1,018,875 $3.60 $3.70 $3.60
    15 Nov 2024 $3.60 $0.02 0.56% 1,085,389 $3.61 $3.64 $3.59
    14 Nov 2024 $3.58 $-0.01 -0.28% 984,440 $3.58 $3.63 $3.58

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    28 Nov 2024 Jennifer (Jenny) Seabrook Buy 10,000 $37,093
    On-market trade.
    29 Oct 2024 Julian Andrews Issued 219,644 $828,057
    Issue of securities.
    24 Sep 2024 Jennifer (Jenny) Seabrook Buy 2,839 $10,078
    Dividend Reinvestment Plan (DRP).
    24 Sep 2024 Jennifer (Jenny) Seabrook Buy 1,013 $3,596
    Dividend Reinvestment Plan (DRP).
    05 Sep 2024 Jennifer (Jenny) Seabrook Buy 4,000 $13,541
    On-market trade.
    21 Aug 2024 Julian Andrews Expiry 95,550 $367,867
    As advised by the company. lAPSED, 556,570 rIGHTS
    21 Aug 2024 Julian Andrews Issued 43,929 $169,126
    Issue of securities. 600,499 Rights
    21 Aug 2024 Julian Andrews Buy 38,012 $146,346
    On-market trade.
    20 Jun 2024 Graeme Devlin Buy 15,000 $62,100
    On-market trade.
    20 Jun 2024 Jason Neal Buy 23,000 $95,696
    On-market trade.
    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

    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 brings 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 Seabrook is currently the Chair of BGC Australia Group of Companies and a Non-Executive Director and Chair of the Audit Committee for HBF Health Limited. She is Chair of Sustainability Committee and also a member of Risk, Governance and People & Performance Committee.
    Ms Adele Stratton Non-Executive Director Jun 2020
    Ms Stratton brings finance, operations and commercial experience to Deterra. As Chief Financial Officer and Head of Development at Iluka Resources Limited, she has over 20 years of experience working in both professional practice and public listed companies, including KPMG and Rio Tinto. She is also a member of the Governance, Sustainability and People & Performance Committee.
    Mr Julian Andrews Chief Executive OfficerManaging Director Jun 2020
    Mr Andrews experience spans over 25 years in broad project finance, capital raising and mergers and acquisitions across the mining, energy and chemicals industry landscape. Mr Andrews was Head of Strategy, Planning and Business Development at Iluka Resources and previously held various roles at Wesfarmers, including General Manager Business Development and Chief Financial Officer in Wesfarmers Chemicals, Energy & Fertilisers division.
    Mr Graeme Devlin Non-Executive Director Oct 2020
    Mr Devlin brings varied set of 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. He is the Chair of Risk and Governance Committee and also a member of Sustainability and People & Performance Committee.
    Mr Jason Neal Non-Executive Director Nov 2022
    Mr Neal is a Founding Partner of Whetstone Resources, an active private acquisition company and serves as Lead Director of G Mining Ventures. He served as Executive Vice President at Kirkland Lake Gold and President & Chief Executive Officer of TMAC Resources Inc., both of which have been merged into Agnico Eagle to create the third largest global gold producer. Mr. Neal had a 21 years of investment banker career with BMO Capital Markets, where he served as Co-Head and Managing Director of the Global Metals and Mining Group. He is the Chair of People & Performance Committee and also a member of Risk, Governance, and People & Performance Committee.
    Ms Bronwyn Kerr Company SecretaryGeneral Counsel Nov 2021
    -
    Mr Jason Clifton Chief Financial OfficerJoint Company Secretary Dec 2023
    -
    Ben Van Heurck Business Development Analyst
    -
    Sruti Simon Business Development Analyst
    -
    Jason Clifton Chief Financial OfficerJoint Company Secretary
    -
    Adrian Stone Chief Technical Advisor Business Development
    -
    Bronwyn Kerr Company SecretaryGeneral Counsel
    -
    Vanessa Pereira Executive Assistant & Office Manager
    -
    Li Li Financial Controller
    -
    Brendan Ryan Head of Corporate Development
    -
    James Thomson Senior Resource Geologist
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 146,664,536 27.74%
    Iluka Resources Limited 105,692,420 19.99%
    J P Morgan Nominees Australia Pty Limited 94,881,893 17.95%
    Citicorp Nominees Pty Limited 64,913,142 12.28%
    National Nominees Limited 10,297,240 1.95%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 6,712,121 1.27%
    BNP Paribas Noms Pty Ltd 5,212,854 0.99%
    UBS Nominees Pty Ltd 4,909,368 0.93%
    BNP Paribas Nominees Pty Ltd <HUB24 Custodial Serv Ltd> 2,597,530 0.49%
    Neweconomy Com Au Nominees Pty Limited <900 Account> 2,058,599 0.39%
    HSBC Custody Nominees (Australia) Limited A/C 2 1,273,373 0.24%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 1,186,384 0.22%
    HSBC Custody Nominees (Australia) Limited i 1,138,443 0.22%
    Netwealth Investments Limited <Wrap Services A/C> 1,114,735 0.21%
    BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> 1,095,372 0.21%
    R O Henderson (Beehive) Pty Ltd 1,080,000 0.20%
    BNP Paribas Noms (NZ) Ltd 567,274 0.11%
    Carlton Hotel Limited 502,308 0.10%
    Mr Angus Mackay 481,250 0.09%
    Netwealth Investments Limited <Super Services A/C> 472,326 0.09%

    Profile

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