Mineral Resources Ltd (ASX: MIN) Share Price and News

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Mineral Resources Limited Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $7.98 billion
P/E Ratio 6.66
Dividend Yield 6.14%
Shares Outstanding 188.85 million
Earnings per share 3.382
Dividend per share 2.75
Year To Date Return 27.02%
Earnings Yield 15.02%
Franking 100%
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

Should you invest $1,000 in right now?

Before you consider , you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

Mineral Resources Ltd (ASX: MIN)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
17 Aug 2021 $1.7500 100.00% Final 07 Sep 2021
16 Feb 2021 $1.0000 100.00% Interim 09 Mar 2021
25 Aug 2020 $0.7700 100.00% Final 15 Sep 2020
28 Feb 2020 $0.2300 100.00% Interim 26 Mar 2020
09 Sep 2019 $0.3100 100.00% Final 04 Oct 2019
15 Mar 2019 $0.1300 100.00% Interim 17 Apr 2019
31 Aug 2018 $0.4000 100.00% Final 27 Sep 2018
15 Feb 2018 $0.2500 100.00% Interim 08 Mar 2018
30 Aug 2017 $0.3300 100.00% Final 20 Sep 2017
23 Feb 2017 $0.2100 100.00% Interim 15 Mar 2017
31 Aug 2016 $0.2100 100.00% Final 15 Sep 2016
24 Feb 2016 $0.0850 100.00% Interim 04 Mar 2016
02 Sep 2015 $0.1500 100.00% 08 Oct 2015
18 Mar 2015 $0.0750 100.00% 23 Apr 2015
03 Sep 2014 $0.3200 100.00% Final 10 Oct 2014
14 Mar 2014 $0.3000 100.00% Interim 10 Apr 2014
16 Sep 2013 $0.3200 100.00% Final 25 Oct 2013
15 Mar 2013 $0.1600 100.00% Interim 11 Apr 2013
17 Sep 2012 $0.3000 100.00% Final 26 Oct 2012
09 Mar 2012 $0.1600 100.00% Interim 05 Apr 2012
16 Sep 2011 $0.2700 100.00% Final 20 Oct 2011
10 Mar 2011 $0.1500 100.00% Interim 07 Apr 2011
16 Sep 2010 $0.1360 100.00% Final 18 Nov 2010

MIN 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 Mineral Resources Ltd

Mineral Resources Limited (ASX: MIN) is a mining services company with a world-class portfolio of mining operations across lithium and iron ore. The business consists of three core pillars: mining services, commodities, and innovation and infrastructure.

Mineral Resources provides long-term contract services to Australia’s blue chip mining companies. The company’s subsidiary businesses offer a range of general mine services, contract crushing, infrastructure provision and recovery of base metals concentrate for export.

The company provides mining services to clients throughout Western Australia and the Northern Territory and operates mining sites in the Pilbara and Goldfields regions, shipping product through Utah Point and Esperance.

The Mineral Resources share price has skyrocketed since its March low in 2020 and the company plans to double its mining services business over CY20–CY22. In the commodity space, the company is developing mine operations with a 20–50 year life, with a focus on iron ore.

MIN Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
12 Oct 2021 $44.33 $-0.49 -1.09% 1,722,406 $45.50 $45.79 $43.95
11 Oct 2021 $44.82 $1.32 3.03% 1,421,092 $44.60 $45.13 $43.61
08 Oct 2021 $43.50 $0.76 1.78% 1,558,196 $43.53 $44.03 $43.14
07 Oct 2021 $42.74 $0.12 0.28% 1,302,080 $42.67 $43.20 $42.30
06 Oct 2021 $42.62 $0.05 0.12% 1,110,179 $42.65 $43.00 $41.81
05 Oct 2021 $42.57 $-0.41 -0.95% 1,725,169 $42.33 $42.57 $41.43
04 Oct 2021 $42.98 $1.24 2.97% 1,364,029 $42.69 $43.17 $42.16
01 Oct 2021 $41.74 $-3.07 -6.85% 1,883,993 $43.45 $43.58 $41.67
30 Sep 2021 $44.81 $1.48 3.42% 1,872,389 $43.76 $45.10 $43.12
29 Sep 2021 $43.33 $-2.57 -5.60% 1,709,268 $44.34 $44.50 $43.05
28 Sep 2021 $45.90 $-1.74 -3.65% 1,369,248 $47.30 $47.66 $45.71
27 Sep 2021 $47.64 $1.24 2.67% 1,074,243 $47.30 $49.06 $47.12
24 Sep 2021 $46.40 $-1.39 -2.91% 1,650,421 $48.00 $48.00 $46.02
23 Sep 2021 $47.79 $1.15 2.47% 1,299,421 $48.60 $49.56 $47.09
22 Sep 2021 $46.64 $1.02 2.24% 2,945,140 $45.62 $47.59 $44.10
21 Sep 2021 $45.62 $-0.08 -0.18% 1,884,089 $45.19 $46.70 $44.97
20 Sep 2021 $45.70 $-2.56 -5.30% 2,303,227 $46.99 $47.20 $44.10
17 Sep 2021 $48.26 $-4.50 -8.53% 2,578,954 $50.20 $50.46 $48.18
16 Sep 2021 $52.76 $0.34 0.65% 1,344,000 $52.42 $53.30 $52.25
15 Sep 2021 $52.42 $-0.06 -0.11% 1,790,475 $53.44 $53.45 $51.11
14 Sep 2021 $52.48 $-0.09 -0.17% 837,617 $52.66 $53.08 $51.38

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
07 Sep 2021 Christopher Ellison Issued 15 $807,304
Dividend Reinvestment Plan (DRP). VWAP
12 Aug 2021 Christopher Ellison Buy 68 $4,117,038
Conversion of securities.
12 Aug 2021 Christopher Ellison Exercise 68 $4,117,038
Conversion of securities. 284,425 - Rights
As per announcement on 16/08/2021
30 Jun 2021 James McClements Issued 507 $27,241
Director remuneration.
30 Jun 2021 Peter Wade Issued 700 $37,611
Director remuneration.
30 Jun 2021 Kelvin Flynn Issued 495 $26,596
Director remuneration.
30 Jun 2021 Xi Xi Issued 458 $24,608
Director remuneration.
30 Jun 2021 Susan (Susie) Corlett Issued 458 $24,608
Directors' share plan.
31 Mar 2021 Xi Xi Issued 634 $24,104
Director remuneration.
31 Mar 2021 Susan (Susie) Corlett Issued 613 $23,306
Director remuneration.
31 Mar 2021 Peter Wade Issued 967 $36,765
Director remuneration.
31 Mar 2021 Kelvin Flynn Issued 684 $26,005
Director remuneration.
31 Mar 2021 James McClements Issued 701 $26,652
Director remuneration.
09 Mar 2021 Christopher Ellison Issued 11 $449,934
Dividend Reinvestment Plan (DRP). VWAP
08 Jan 2021 James McClements Issued 484 $19,592
Director remuneration.
08 Jan 2021 Peter Wade Issued 864 $34,974
Director remuneration.
08 Jan 2021 Kelvin Flynn Issued 484 $19,592
Director remuneration.
08 Jan 2021 Xi Xi Issued 484 $19,592
Director remuneration.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr James Timothy McClements Non-Executive Director May 2015
Mr McClements has 35 years experience in the mining industry as a banker and fund manager financing projects globally. He was raised and educated in the Pilbara region of Western Australia and began his professional career with BHP Limited before joining Standard Chartered Bank in Perth and N.M. Rothschild & Sons in Sydney then Denver. James also spent 11 years in the USA and co-founded Resource Capital Funds during that time. James is currently the Managing Partner of Resource Capital Funds (RCF) and has Board experience having served as a Director of 12 RCF portfolio companies.
Mr Christopher James Ellison Managing Director Feb 2006
Mr Ellison is the founding shareholder of each of the three original subsidiary companies of Mineral Resources Limited (Crushing Services International Pty Ltd, PIHA Pty Ltd and Process Minerals International Pty Ltd) and has over 36 years of experience in the mining contracting, engineering and resource processing industries. In 1979, Chris founded Karratha Rigging and was Managing Director until its acquisition by Walter Wright Industries in 1982. Chris was subsequently appointed as the General Manager, Walter Wright Industries for the Western Australia and Northern Territory regions. In 1986, Chris founded Genco Ltd and following two years of growth, Genco Ltd merged with the Monadelphous Group in 1988. In September 1988, receivers and managers were appointed to the Monadelphous Group. At this time, Chris was appointed the Managing Director and under his careful management, Monadelphous Group successfully traded out of its financial difficulties and eventually relisted on the ASX in late 1989. In 1992, Chris founded PIHA Pty Ltd, a company focused on the provision of specialised pipe lining and general infrastructure.
Mr Peter David Wade Non-Executive ChairmanNon-Executive Director Nov 2012
Mr Wade has over 46 years of experience in engineering, construction, project management, mining and infrastructure services. He started his career with the NSW Public Service managing the construction of significant infrastructure projects in NSW including the Port Kembla coal loader and the grain terminals at Newcastle and Wollongong and was also the Deputy Director for the Darling Harbour Redevelopment construction project. Following his period of employment with the NSW Public Service, Peter joined the executive team of the Transfield Group. Throughout the 1980s and 1990s he was General Manager of Sabemo Pty Ltd, Transfield Construction Pty Ltd, and Transfield Power Technologies and subsequently became Transfield Chief Operations Officer (Southern). During this period Peter was responsible for build, own, operate projects including the Melbourne City Link, the Airport Link, the Northside Storage Tunnel and the Collinsville and Smithfield Power Plants. Peter became Managing Director of Crushing Services International Pty Ltd and PIHA Pty Ltd in 1999, and subsequently Process Minerals International Pty Ltd in 2002 (now wholly owned subsidiaries of Mineral Resources Limited).
Mr Kelvin Edward Flynn Non-Executive Director Mar 2010
Mr Flynn have more than 29 years experience in investment banking and corporate advisory roles, including private equity and special situations investments in the mining and resources sector. He has held various leadership positions in Australia and Asia, having previously held the position of Executive Director/Vice President with Goldman Sachs and Managing Director of Alvarez & Marsal in Asia. He has worked in complex financial workouts, turnaround advisory and interim management. Kelvin is the Managing Director of the specialist alternative funds manager Harvis, which focuses on investments and financing in the real estate and real assets sectors. Kelvin is currently a Director of privately held Global Advanced Metals Pty Ltd and a Non-Executive Director of Silver Lake Resources Limited.
Ms Xi Xi Non-Executive Director Sep 2017
Ms Xi has experience in the global natural resources sector having served as a director of Sailing Capital, a US$2 billion private equity fund founded by the Shanghai International Group in 2012. She has worked with numerous Chinese state owned and privately owned enterprises, advising on international acquisitions and investments overseas. Xi Xi has previously served as an analyst and portfolio manager for the Tigris Financial Group in New York, focused in the oil and gas and mining sector. Xi Xi currently serves as a non-executive director of Zeta Resources, a closed-end investment company with a broad portfolio of oil and gas, as well as mining assets. She was previously director of Galaxy Resources Limited (ceased 11 September 2017).
Ms Susan (Susie) Corlett Non-Executive Director Jan 2021
Ms Corlett has technical experience in both underground and open pit mining operations as well as investment experience financing major mining and infrastructure projects. She has Ms Corlett currently serves as a Trustee of the Australian Institute of Mining and Metallurgy (AusIMM) Education Endowment Fund, a director of the Foundation for National Parks and Wildlife and as a non-executive director of other listed Australian resource companies, Iluka Resources Ltd and Aurelia Metals Ltd.
Mr Mark Wilson Chief Financial OfficerCompany Secretary Aug 2018
-
Mr Derek Oelofse Joint Company Secretary Oct 2018
-
Mark Wilson Chief Financial OfficerCompany Secretary
-
Derek Oelofse Joint Company Secretary
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Hsbc Custody Nominees (Australia) Limited 55,588,596 29.49%
J P Morgan Nominees Australia Pty Limited 42,992,584 22.81%
Chris Ellison 21,862,606 11.60%
Citicorp Nominees Pty Limited 19,141,745 10.16%
National Nominees Limited 11,699,790 6.21%
BNP Paribas Nominees Pty Ltd 6,532,387 3.47%
D & C Geraghty Pty Ltd 1,382,074 0.73%
CPU Share Plans Pty Ltd <Ltv Control A/C> 529,894 0.28%
Netwealth Investments Limited <Wrap Services A/C> 483,395 0.26%
Warbont Nominees Pty Ltd <Unpaid Entrepot A/C> 397,112 0.21%
Paksian Pty Ltd 371,000 0.20%
Mr Peter Wade <Wade Family A/C> 344,710 0.18%
Mccusker Holdings Pty Ltd 325,000 0.17%
Bond Street Custodians Limited <Laman - D05019 A/C> 300,000 0.16%
Mccusker Foundation Ltd <The Mccusker Charitable A/C> 300,000 0.16%
Amp Life Limited 248,679 0.13%
Darrell James Pty Ltd <Investment A/C> 200,000 0.11%
Ubs Nominees Pty Ltd 194,389 0.10%
Solace Therapies Pty Ltd <Solace A/C> 156,192 0.08%
Brazil Farming Pty Ltd 150,000 0.08%

Profile

since

Note