Mineral Resources Limited (MIN) - Research

$14.890 0.39 (2.69%)

MIN General Information +

ASX Code MIN
Website http://www.mineralresources.com.au
GICS Sub-Industry Diversified Metals & Mining
Market Cap ($M) 2,800
Current Price $14.890
Day High $15.000
Day Low $14.810
Last Close $14.500
Price Movement $0.39 ( 2.69% )
Prices as at 11:05, 19 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

MIN Company Overview

Business Description

Mineral Resources Limited (MIN) is an Australia based mining service, contracting, processing and commodities production company. MIN's portfolio of market brands comprise of: PIHA, Crushing Services International and Process Minerals International; its minerals producer market brands are Polaris Metals and Mesa Minerals.

MIN Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 260.06 138.26 47.90% 10.49 74.00 5.10% 100.0%
2019 F 175.72 93.50 -36.80% 15.51 66.00 4.55% 100.0%
2018 A 277.37 147.84 34.70% 11.64 65.00 3.78% 100.0%

MIN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
BHP Group (BHP) $118,305M 0.4448 0.0675 0.1694 16.0910 15.0734 12.8904 3.98% 6.44% 5.59%
Iluka Resources (ILU) $4,369M 2.7345 0.1520 -0.1263 13.3179 11.5608 13.2327 2.80% 2.55% 2.93%
Mineral Resources (MIN) $2,727M 0.3237 -0.4633 1.0723 9.4303 17.5715 8.4790 4.48% 3.49% 6.02%
Rio Tinto (RIO) $38,555M 0.1465 0.3439 -0.1417 14.4242 10.7328 12.5044 7.50% 6.52% 5.53%
South32 (S32) $15,914M 0.2485 0.0747 -0.2397 8.5146 7.9230 10.4208 4.48% 5.92% 5.51%

MIN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.95 17.10 2.11 3.13
Market 0.88 17.10 1.49 1.65
Sector 1.41 12.60 1.22 0.71

MIN Directors

Name Position Start Date
Mr Christopher James Ellison Managing Director 27 Feb 2006
Mr Peter David Wade Non-Executive Chairman, Non-Executive Director 27 Feb 2006
Mr James Timothy McClements Non-Executive Director 29 May 2015
Mr Kelvin Edward Flynn Non-Executive Director 22 Mar 2010
Ms Xi Xi Non-Executive Director 11 Sep 2017

MIN Management

Name Position
Mark Wilson Chief Financial Officer,Company Secretary
Bruce Goulds Company Secretary
Simon Rushton Company Secretary
Derek Oelofse Joint Company Secretary

MIN Calendar of Events

Date Event
28 April 2020 Report (Quarterly)
20 February 2020 Report (Interim)
29 January 2020 Report (Quarterly)
30 October 2019 Report (Quarterly)
18 October 2019 Report (Annual)
17 October 2019 Report (Annual)
19 August 2019 Report (Prelim)
14 August 2019 Report (Prelim)
30 July 2019 Report (Quarterly)

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