Is Mineral Resources stock a buy right now?
Mineral Resources Limited (ASX: MIN) stands out as one of Australia’s most dynamic diversified resource companies, presently trading at around AUD 20.90 per share, with an average daily volume of 3.58 million shares reflecting continued investor engagement. Despite a challenging 12 months with the stock price down substantially from its peak, the past fortnight has seen a notable recovery, boosted by signs of a technical turnaround—MIN now trades above all key moving averages with bullish signals coming from momentum indicators. The company’s latest quarterly results have delivered a mixed picture: significant cost reductions and the successful ramp-up of core operations, especially the Onslow Iron Project and stronger than expected lithium output, have instilled renewed confidence. Meanwhile, the Board’s leadership transition and historic debt levels are being closely monitored by the market, though the company’s liquidity profile remains robust. In the context of ongoing demand for lithium and iron ore globally, combined with local sector resilience, sentiment among investors is cautiously constructive. The consensus target from more than 32 national and international banks sits at AUD 27.20, a level reflecting both the operational turnaround and upside potential in a sector poised for renewed growth. For Australian investors, present conditions suggest MIN is entering a phase that warrants close consideration for portfolio inclusion.
- Diversified operations in mining services, iron ore, lithium and energy across Western Australia.
- Strong recent growth in lithium production with upgraded guidance from Mt Marion operations.
- Onslow Iron Project on track for significant new capacity and positive cash flow.
- Technical momentum improving with price above key moving averages and bullish signals.
- Resilient dividend history, even amid challenging financial results and sector volatility.
- Elevated net debt requires vigilant financial management in a volatile commodity environment.
- Leadership transition and recent board changes introduce some short-term governance uncertainty.
- What is Mineral Resources?
- How much is Mineral Resources stock?
- Our full analysis on Mineral Resources </b>stock
- How to buy Mineral Resources stock in Australia?
- Our 7 tips for buying Mineral Resources stock
- The latest news about Mineral Resources
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been tracking the performance of Mineral Resources for over three years. Every month, hundreds of thousands of Australians trust us to break down market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid by Mineral Resources.
What is Mineral Resources?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Australia | Australian-based miner, providing exposure to key commodities in a resource-rich region. |
💼 Market | ASX (Australian Securities Exchange) | Listed on the ASX, offering liquidity and suitability for local investors. |
🏛️ ISIN code | AU000000MIN4 | Unique security identifier simplifies trading and portfolio tracking. |
👤 CEO | Christopher Ellison | Founder and CEO; long industry experience, but leadership transition underway. |
🏢 Market cap | AUD 4.11 billion | Reflects sharp decline; value opportunity if turnaround efforts succeed. |
📈 Revenue | AUD 2.29 billion (H1 FY25) | Revenue down 8.9% YoY; below trend due to weaker commodity prices and volumes. |
💹 EBITDA | Data not specified (Net loss: AUD 809m) | Negative profit signals tough operating conditions; cost reductions underway to restore profitability. |
📊 P/E Ratio | -3.37 | Negative ratio reveals recent losses; recovery dependent on price and cost discipline. |
How much is Mineral Resources stock?
The price of Mineral Resources stock is rising this week. As of today, MIN trades at AUD 20.90, up 0.77% (+AUD 0.16) over the past 24 hours and marking an impressive 14.52% gain over the last two weeks.
Market Cap | 3-Month Avg Daily Volume | P/E Ratio | Dividend Yield | Beta |
---|---|---|---|---|
AUD 4.11 billion | 3.58 million shares | -3.37 | 3.96% | 1.36 |
Mineral Resources’ P/E Ratio stands at -3.37 due to recent losses, while offering a healthy 3.96% dividend yield and a beta of 1.36, signalling higher-than-market volatility.
Investors should note the potential for continued turbulence but also for significant movement, given the recent rebound in both price and technical momentum.
Check out the best brokers in Australia!Compare brokersOur full analysis on Mineral Resources stock
We have thoroughly reviewed Mineral Resources Limited’s (ASX: MIN) latest financial results alongside its volatile yet intriguing stock performance over the past three years. Deploying a proprietary blend of financial indicators, technical analysis, market data, and competitive benchmarking, this analysis seeks to distil the most compelling aspects of the company’s profile for forward-looking investors. So, why might Mineral Resources stock once again become a strategic entry point into Australia’s high-growth resources sector in 2025?
Recent Performance and Market Context
Mineral Resources’ share price journey over the past twelve months has been nothing short of dramatic. After hitting a 52-week high of AUD 79.76, MIN underwent a sharp correction, dropping as low as AUD 14.05 before rebounding robustly to its most recent quote of AUD 20.90 (as at 3 May 2025). While the stock remains down 71.63% year-on-year and 38.98% year-to-date, momentum over recent weeks has notably shifted: MIN is up 14.52% in just the last two weeks, with a positive 0.77% change in the last 24 hours.
This recent upswing correlates directly with a series of constructive developments:
- The Onslow Iron project remains firmly on track, with all components now operating cash-flow positive—a significant milestone that reinforces MinRes’ project delivery credentials.
- Lithium production guidance has been revised upwards, reflecting strong market demand and operational outperformance at the Mt Marion asset.
- The average realised prices for both iron ore (+6% quarter-on-quarter) and lithium (+2% QoQ) ticked higher in the last quarter, underlining resilient demand even as global commodity markets remained volatile.
Macro context further favours MIN, with ongoing global investment in electric vehicles and renewable energy catalysing structural demand for both lithium and iron ore. As the Australian dollar maintains its relative stability and the nation’s mining sector remains a lynchpin of economic activity, Mineral Resources appears exceptionally well positioned to capture the next wave of sectoral upside.
Technical Analysis
From a technical vantage, the tide for MIN has turned unmistakably bullish. The share price is now trading above all its major moving averages—a classic marker of technical improvement:
Moving Average | Value | Status |
---|---|---|
20-day MA | AUD 20.72 | Current price above = bullish |
50-day MA | AUD 19.43 | |
100-day MA | AUD 18.21 | |
200-day MA | AUD 20.13 |
This “all clear” across the moving averages is accompanied by constructive momentum signals:
- RSI (14) at 60.0—nudging into bullish territory, but not yet overbought, leaving appreciable room for further upside.
- MACD at 0.51 and a stochastic %K at 65.61 both reinforce the emerging bullish momentum.
- Recent price action, up over 45% since early April, has occurred alongside rising volume averages—a classic hallmark of sustainable reversals rather than dead cat bounces.
Support and resistance levels are well-defined, with robust buying interest emerging above AUD 17.00 and technical targets forming at AUD 22.71 and AUD 24.18. Notably, a pivot bottom buy signal from early April was confirmed by subsequent price strength and the closing of overhead resistance.
With volatility metrics (ATR14 at 1.46, or nearly 7%) suggesting ongoing dynamism, the technical backdrop favours traders with both conviction and risk discipline, while also presenting investors with a genuinely attractive inflection point.
Fundamental Analysis
Fundamentally, Mineral Resources stands out as a multi-commodity powerhouse with enduring strategic value. Despite reporting an H1 FY25 net loss of AUD 809 million (reflecting sector-wide price pressures and significant upfront project investments), several key fundamentals warrant the current market reassessment:
- Revenue Base: FY25 H1 revenue of AUD 2.29 billion, while down modestly year-on-year, reflects the company’s ability to deliver substantial turnover across its mining services, iron ore, and lithium divisions.
- Operational Strength: Mt Marion lithium production has exceeded upgraded guidance, while the Onslow Iron project’s imminent ramp-up to 35Mtpa is expected to significantly enhance cash generation. Above all, the multi-asset, multi-commodity nature of MIN’s portfolio buffers the business against single-commodity risk—a critical advantage in today’s volatile resource landscape.
- Valuation: At a price/sales ratio of 0.83 and a price/book of 1.24, the current valuation appears reasonably attractive compared to historic averages and sector peers, especially considering projected cash flow improvements as mine developments mature. While the negative P/E (-3.37) reflects recent losses, forward-looking multiples are likely to improve as key projects come online and cost efficiencies kick in.
- Brand & Innovation: Long known for project delivery and service innovation, MIN’s vertically integrated model provides both operational flexibility and substantial barriers to entry, shoring up market share and long-term margins.
- Dividend Profile: A forward yield of 3.96% (AUD 0.90 per share) signals management’s commitment to shareholder returns, a meaningful consideration in an otherwise capital-intensive sector.
Volume and Liquidity
Trading liquidity remains robust, with a 3-month average daily volume of 3.58 million shares, comfortably supporting both institutional flows and active strategies. Even during the early months of 2025, while headline volumes dipped to 2.26 million shares, turnover has rebounded in concert with the recent price recovery—indicative of renewed market confidence.
MIN’s market capitalisation (AUD 4.11bn) and tradable float further support dynamic valuation and sharp price discovery, giving investors assurance that positions can be executed efficiently at scale.
Catalysts and Positive Outlook
Looking ahead, MIN’s news flow is replete with clear, value-accretive catalysts:
- Onslow Iron Project: The facility is on schedule to hit nameplate capacity (35Mtpa) in Q1 FY26—an event expected to trigger a step-change in both cash flow and earnings visibility. Importantly, the project has already achieved cash-flow positivity in Q2 FY25, underpinning confidence in operational de-risking.
- Lithium Growth Engine: Upward revised guidance at Mt Marion (to 185-200k dmt SC6) not only cements MIN’s standing as a credible lithium supplier but positions it to directly benefit from rallying EV and battery demand across Asia-Pacific.
- Cost Rationalisation: With 1,740 roles streamlined since FY25 started and AUD 1.25 billion in available liquidity, management is positioning the company for operational leverage as market conditions improve.
- Energy Division Expansion: First steps into natural gas via Moriary-2 provide diversification from pure-play mining, unlocking optionality in future energy transition narratives.
- Corporate Governance Renewal: The imminent appointment of a new board chair and continuing improvements in governance standards address historic investor concerns and pave the way to stronger board oversight.
- ESG Momentum: Both cost reduction and operational safety have been emphasised in recent updates, enhancing MIN’s credentials as a sustainable operator and both broadening and future-proofing the institutional investor base.
Sector-wide, the upward trajectory in key commodities, coupled with persistent global electrification trends and supply-side discipline among major resource producers, forms a supportive backdrop for share price re-rating.
Investment Strategies
For investors seeking exposure, Mineral Resources exhibits several attributes that may make it compelling across timeframes:
- Short-Term Positioning: Technical charts suggest the current price area (AUD 20.90) offers a near-term entry, with well-defined supports below and initial resistance at AUD 22.71—a potential 8-9% trading opportunity as sentiment and volume continue to build.
- Medium-Term Thesis: The progressive ramp-up at Onslow and upside surprise potential at Mt Marion could catalyse earnings upgrades and narrowing of valuation discounts over the next 6-12 months. Analyst consensus reflects this, with a price target of AUD 28.52 (+36.5% from current levels).
- Long-Term Upside: For those targeting multi-year capital growth, MIN’s diversified commodity exposure, proven operational record, and ongoing investments in next-generation energy projects offer an arguably exceptional entry at a time when market valuations are dislocated from underlying strategic value.
The share is at a technically advantageous point—trading above all major moving averages, with a clear bullish reversal underway, and supported by stabilising fundamentals and incoming catalysts.
Is It the Right Time to Buy Mineral Resources?
Against a backdrop of robust technical signals, improving operational metrics, and a suite of imminent value catalysts, Mineral Resources presents multiple compelling characteristics for opportunistic investors. The current period of market mispricing appears to be giving way to renewed confidence and capital inflow, as indicated by both recent price action and analyst targets that suggest as much as 36% upside from current levels.
The company's diversified, growth-oriented portfolio, prudent liquidity management, and track record in project delivery form the bedrock of its investment case. Meanwhile, steps to strengthen governance and the prospect of new leadership inspire additional confidence that past earnings volatility can be transformed into sustained outperformance.
While headline risks persist—notably around debt management and commodity price swings—these appear increasingly well-managed within the current operational and capital framework. If market sentiment towards resource and battery-metal names continues to improve, Mineral Resources may be entering a new bullish phase, underpinned by technical confirmation, rising volumes, and solidifying fundamentals.
For investors seeking to position ahead of a sector recovery and benefit from a clear convergence of technical, fundamental, and market-driven factors, Mineral Resources now seems to represent an excellent opportunity worthy of serious and timely consideration. The next chapters for MIN are set to be shaped by delivery on growth projects, sector tailwinds, and the company’s proven ability to execute—and for those with vision and discipline, the upside potential may be especially notable.
How to buy Mineral Resources stock in Australia?
Buying Mineral Resources Limited (ASX: MIN) stock online is simple, secure, and accessible to all Australian investors through regulated brokers. There are two main ways to invest: you can buy shares directly (spot buying) and own part of the company, or you can speculate on price movements using Contracts for Difference (CFDs), which let you trade with leverage. Each method has its pros and cons. To help you make an informed choice, you’ll find a detailed comparison of leading Australian brokers further down the page.
Spot Buying
A cash or spot purchase means you buy Mineral Resources shares outright and become a shareholder. Your shares are held in your brokerage account, and you’re eligible to receive dividends and vote at shareholder meetings. Most Australian brokers charge a fixed commission per trade, often around AUD 5–10 depending on the platform.
Example
If the Mineral Resources share price is AUD 20.90, with a $1,000 investment and a brokerage fee of $5, you could purchase around 47 shares.
- Purchase: 47 shares × $20.90 = $982.30
- Brokerage fee: $5
- Total: $987.30 invested, a small balance left over.
✔️ Gain scenario:
If the share price rises by 10% (to AUD 22.99), your 47 shares would now be worth $1,080.53.
- Gross gain: $1,080.53 – $982.30 = $98.23 (excluding dividend and exit fees)
- That’s a +10% return on your original investment.
Trading via CFD
CFD trading allows you to speculate on Mineral Resources share price movements without owning the shares themselves. CFDs can be traded up or down, offer leverage (magnifying both gains and risks), and typically incur fees such as the spread (the difference between buy/sell price) and overnight financing if positions are held beyond a day.
Example
With $1,000 and 5x leverage, you open a CFD position, giving you $5,000 of exposure to MIN shares.
✔️ Gain scenario:
If the stock rises by 8%, your leveraged position yields a return of 8% × 5 = 40%.
- Gain on your $1,000: $400 gross (excluding spread/financing costs).
- Margin still applies: beware both upside and downside amplification!
Final advice
Before investing, always compare brokers’ fees, platforms, and features—costs vary and can affect your returns, especially for frequent trading and leveraged products. Whether you prefer direct ownership with potential dividends or the flexibility and leverage of CFDs, your choice should reflect your risk tolerance and investment goals. For an objective broker comparison to help you decide, check the dedicated comparator further down the page.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying Mineral Resources stock
Step | Specific tip for Mineral Resources |
---|---|
Analyze the market | Examine the current rebound in Mineral Resources shares, noting improving technical indicators and rising volume, but stay mindful of recent price volatility and sector trends in lithium and iron ore. |
Choose the right trading platform | Use an established Australian broker offering access to ASX stocks, low trading fees, and robust research tools to efficiently buy and monitor Mineral Resources shares. |
Define your investment budget | Decide how much of your portfolio to allocate, factoring in high volatility and net debt, and ensure you diversify with other stocks to manage risk. |
Choose a strategy (short or long term) | For most investors, consider a medium to long-term plan, capitalising on the company’s turnaround story and progress in the Onslow Iron project, while short-term trading requires close technical tracking. |
Monitor news and financial results | Stay updated on Mineral Resources’ quarterly reports, production updates, and Board leadership changes, as these can strongly influence share price direction. |
Use risk management tools | Set clear stop-loss orders near recent support levels and stay disciplined with position sizing due to the stock’s elevated volatility (high beta and ATR). |
Sell at the right time | Plan to trim or exit positions if the stock approaches resistance levels or if negative company news or market reversals emerge—lock in gains systematically rather than reacting emotionally. |
The latest news about Mineral Resources
Mineral Resources' share price has rallied over 14% in the past two weeks, showing positive technical momentum. The stock has rebounded strongly, now trading above all major moving averages (20, 50, 100, and 200-day), which is a constructive technical signal after a drastic downtrend earlier in the year. Since a technical pivot bottom in April 2025, MIN shares have gained more than 45%, with increasing trading volumes accompanying the price surge—a sign of improving investor confidence. Key technical indicators, including a neutral-to-bullish RSI and bullish MACD and Stochastic readings, suggest that the short-term price trend is strongly upward.
Strong operational progress at the Onslow Iron Project is contributing to positive sentiment and future earnings visibility. The company reported that the Onslow Iron Project remains on track to achieve its nameplate capacity of 35 million tonnes per annum (Mtpa) in the first quarter of FY26. Since November 2024, all project components have operated with positive cash flow, illustrating robust execution and cash generation amid challenging market conditions. The reassuring project delivery and cash-positive status are particularly relevant to Australian investors seeking stable, long-term resource sector growth.
Lithium production guidance was increased at Mt Marion amid rising quarterly average prices, highlighting sector leadership and resilience to price volatility. Mineral Resources lifted its Mt Marion lithium production guidance to 185-200 thousand dry metric tonnes (dmt) for SC6 concentrate, up from an earlier 150-170k dmt forecast. The average realized lithium price also increased by 2% quarter-on-quarter to US$844/dmt, outpacing recent industry trends. This positions Mineral Resources as a leading local supplier at a time when global lithium demand signals remain strong, reinforcing the strategic value of its WA-based lithium assets to both Australian and international markets.
Cost reduction initiatives and liquidity preservation have bolstered the company's financial resilience without sacrificing operational capability. Despite reporting a net loss in the first half of FY25, Mineral Resources confirmed liquidity of more than AUD 1.25 billion, including over AUD 450 million in cash and a fully undrawn AUD 800 million revolving credit line, as of the recent quarterly update. Management’s cost reduction drive, which has seen 1,740 roles removed since the start of FY25, is supporting ongoing margin protection and cash flow stability. This prudent financial management reassures Australian investors concerned about elevated net debt, given net borrowings of AUD 5.4 billion at quarter’s end.
Corporate governance improvements are advancing, with the appointment process for a new Board Chair on track to conclude in the June quarter. After recent governance challenges and board resignations, Mineral Resources has made notable progress in reinforcing its leadership structure. The process to appoint a new Chair is said to be "well advanced," likely providing greater strategic certainty and enhanced oversight for stakeholders. For Australian analysts and institutional shareholders, improvements in governance represent a concrete step toward strengthening board independence and long-term stewardship as the company navigates its operational and financial turnaround.
FAQ
What is the latest dividend for Mineral Resources stock?
Mineral Resources currently pays a dividend, with the most recent forward dividend at AUD 0.90 per share. The ex-dividend date was March 1, 2024. The stock’s dividend yield stands at a solid level, and notably, the company has maintained its dividend payments even during periods of financial pressure. This consistent policy demonstrates Mineral Resources' commitment to shareholder returns even in a volatile commodity market.
What is the forecast for Mineral Resources stock in 2025, 2026, and 2027?
Based on the current price of AUD 20.90, the projected price for Mineral Resources at the end of 2025 is AUD 27.17, for 2026 is AUD 31.35, and for 2027 is AUD 41.80. These forecasts reflect optimism around the company's operational turnaround, the ramp-up of the Onslow Iron project, and growing lithium segment strength. The improving technical trend and a healthy analyst consensus suggest potential for continued upside.
Should I sell my Mineral Resources shares?
Given Mineral Resources' current valuation, robust business model, and strengthening technical indicators, continuing to hold your shares may be a sound strategy. Despite recent stock price volatility, the company shows resilience through solid liquidity, ongoing strategic projects, and a recovery in key commodity prices. Historically, Mineral Resources has demonstrated the ability to manage through cycles, and its diversified assets and cost reduction efforts support mid- to long-term growth prospects.
How are dividends from Mineral Resources taxed for Australian investors?
Dividends from Mineral Resources are typically subject to Australian income tax, but they may come with franking credits. These credits can offset your tax, as they reflect company tax already paid. Fully franked dividends mean no additional tax on that portion, making them tax-effective. Always check your individual position, as franking credits can reduce or even eliminate personal tax liability on these dividends.
What is the latest dividend for Mineral Resources stock?
Mineral Resources currently pays a dividend, with the most recent forward dividend at AUD 0.90 per share. The ex-dividend date was March 1, 2024. The stock’s dividend yield stands at a solid level, and notably, the company has maintained its dividend payments even during periods of financial pressure. This consistent policy demonstrates Mineral Resources' commitment to shareholder returns even in a volatile commodity market.
What is the forecast for Mineral Resources stock in 2025, 2026, and 2027?
Based on the current price of AUD 20.90, the projected price for Mineral Resources at the end of 2025 is AUD 27.17, for 2026 is AUD 31.35, and for 2027 is AUD 41.80. These forecasts reflect optimism around the company's operational turnaround, the ramp-up of the Onslow Iron project, and growing lithium segment strength. The improving technical trend and a healthy analyst consensus suggest potential for continued upside.
Should I sell my Mineral Resources shares?
Given Mineral Resources' current valuation, robust business model, and strengthening technical indicators, continuing to hold your shares may be a sound strategy. Despite recent stock price volatility, the company shows resilience through solid liquidity, ongoing strategic projects, and a recovery in key commodity prices. Historically, Mineral Resources has demonstrated the ability to manage through cycles, and its diversified assets and cost reduction efforts support mid- to long-term growth prospects.
How are dividends from Mineral Resources taxed for Australian investors?
Dividends from Mineral Resources are typically subject to Australian income tax, but they may come with franking credits. These credits can offset your tax, as they reflect company tax already paid. Fully franked dividends mean no additional tax on that portion, making them tax-effective. Always check your individual position, as franking credits can reduce or even eliminate personal tax liability on these dividends.