MIN.AX - Mineral Resources Limited
| Previous Close | 16.46 |
| Open | 16.72 |
| Bid | 17.00 x 0 |
| Ask | 17.01 x 0 |
| Day's Range | 16.68 - 17.09 |
| 52 Week Range | 12.44 - 18.12 |
| Volume | 1698267 |
| Avg. Volume | 1,472,776 |
| Market Cap | 3.2B |
| Beta (5Y Monthly) | 0.76 |
| PE Ratio (TTM) | 19.56 |
| EPS (TTM) | 0.87 |
| Earnings Date | Feb 21, 2020 - Mar 2, 2020 |
| Forward Dividend & Yield | 0.44 (2.67%) |
| Ex-Dividend Date | 2019-09-09 |
| 1y Target Est | 19.80 |
- Simply Wall St.
Here's What Mineral Resources Limited's (ASX:MIN) P/E Is Telling Us
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
- Moody's
Albemarle Corporation -- Moody's announces completion of a periodic review of ratings of Albemarle Corporation
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Albemarle Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Moody's
Albemarle Wodgina Pty Ltd. -- Moody's assigns Baa2 to Albemarle's $1.6 billion new notes issuance
Moody's Investors Service (Moody's) assigned Baa2 ratings to Albemarle's proposed $1.6 billion USD equivalent new debt financing, consisting of EUR notes to be issued by Albemarle New Holdings GmbH; notes to be issued by Albemarle Corporation; and notes to be issued by Albemarle Wodgina Pty Ltd. The debt issued by Albemarle New Holdings GmbH and Albemarle Wodgina Pty Ltd are unconditionally guaranteed by Albemarle Corporation. The size and tenor of debt issued by each of the aforementioned entities will depend on market demand.
- Simply Wall St.
Something To Consider Before Buying Mineral Resources Limited (ASX:MIN) For The 3.1% Dividend
Is Mineral Resources Limited (ASX:MIN) a good dividend stock? How can we tell? Dividend paying companies with growing...
- Reuters
Mineral Resources, Albemarle pause Wodgina output on weak lithium market
Australia's Mineral Resources Ltd said on Friday its newly formed joint venture with Albemarle Corp had decided to pause operations at the Wodgina Project due to "challenging" lithium market conditions. Australian lithium producers had earlier this year flagged weak market conditions for the rest of 2019 amid reduced demand from Chinese customers after a change in the country's electric vehicle subsidies, and global trade tensions. Mineral Resources, which today concluded the sale of a 60% interest in Wodgina to Albemarle, said the transition to care and maintenance at the project would take about four weeks.
- PR Newswire
Albemarle Announces Completion of Lithium Joint Venture with Mineral Resources Limited
CHARLOTTE, N.C., Oct. 31, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today that it has closed its transaction with Mineral Resources Limited ("MRL") (MIN.AX) under the Asset Sale and Share Subscription Agreement that was entered into on December 14, 2018, and subsequently amended on August 1, 2019, and the MRL Kemerton Sale and Purchase Agreement that was entered into on August 1, 2019 ("Agreement"). The 60/40 joint venture between Albemarle and MRL, respectively, is named MARBL Lithium Joint Venture ("MARBL").
- Simply Wall St.
Investors Who Bought Mineral Resources (ASX:MIN) Shares Five Years Ago Are Now Up 59%
Mineral Resources Limited (ASX:MIN) shareholders might be concerned after seeing the share price drop 15% in the last...
- Simply Wall St.
Calculating The Intrinsic Value Of Mineral Resources Limited (ASX:MIN)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Mineral Resources...
- Simply Wall St.
Mineral Resources Limited (ASX:MIN): Are Analysts Bullish?
The most recent earnings release Mineral Resources Limited's (ASX:MIN) announced in August 2019 showed that the...
- Thomson Reuters StreetEvents
Edited Transcript of MIN.AX earnings conference call or presentation 22-Aug-19 4:00am GMT
Full Year 2019 Mineral Resources Ltd Earnings Call
- Simply Wall St.
Mineral Resources (ASX:MIN) Takes On Some Risk With Its Use Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
- Reuters
UPDATE 1-Albemarle to delay construction plans for 125,000 tons of lithium processing
Albemarle Corp said on Thursday it would delay construction plans for about 125,000 tons of additional lithium processing capacity as an oversupply of the white metal used to make electric vehicle batteries has pushed down prices. Albemarle said it expects lithium supply-demand dynamics to tighten in 2020, adding that it would add production capacity to meet demand. In the meantime, Albemarle said the move would lower capital expenses by about $1.5 billion over the next five years.
- Simply Wall St.
Does The Data Make Mineral Resources Limited (ASX:MIN) An Attractive Investment?
I've been keeping an eye on Mineral Resources Limited (ASX:MIN) because I'm attracted to its fundamentals. Looking at...
- Reuters
UPDATE 2-Albemarle revises Australian Wodgina joint venture as lithium market sags
Albemarle Corp, the world's largest lithium producer, has revised a deal to buy into Australia's Mineral Resources Ltd's Wodgina mine to cut spending on the deal and better cope with a slump in the lithium market. The new deal comes amidst weakness in the lithium sector, with prices for the metal expected to be subdued in 2019 after changes to China's electric vehicle subsidy regime undermined demand from Chinese customers. "We view the amended terms of the Wodgina Lithium Project joint venture as materially less ambitious and better suited to forecast market demand," credit rating agency Standard & Poor's said in a note.
- PR Newswire
Albemarle Announces Amendment to its Definitive Agreement with Mineral Resources Limited to Form Lithium Joint Venture in Western Australia
CHARLOTTE, N.C., July 31, 2019 /PRNewswire/ -- Albemarle Corporation (ALB), a leader in the global specialty chemicals industry, announced today amendments to its transaction with Mineral Resources Limited (MRL) (MIN.AX) under the Asset Sale and Share Subscription Agreement (Agreement) that was entered into on December 14, 2018. Under the revised arrangements, upon closing of the transaction, Albemarle will acquire 60% ownership of MRL's Wodgina hard rock lithium mine in Western Australia and form a 60-40 joint venture with MRL to operate the mine and battery grade lithium hydroxide production facilities.
- Simply Wall St.
Need To Know: Mineral Resources Limited (ASX:MIN) Insiders Have Been Buying Shares
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
- Simply Wall St.
Is Mineral Resources Limited's (ASX:MIN) CEO Salary Justified?
In 2012 Chris Ellison was appointed CEO of Mineral Resources Limited (ASX:MIN). This report will, first, examine the...
- Simply Wall St.
Are Mineral Resources Limited’s (ASX:MIN) Returns On Investment Worth Your While?
Today we are going to look at Mineral Resources Limited (ASX:MIN) to see whether it might be an attractive investment...
- Thomson Reuters StreetEvents
Edited Transcript of MIN.AX earnings conference call or presentation 21-Feb-19 4:00am GMT
Half Year 2019 Mineral Resources Ltd Earnings Call
- Simply Wall St.
Should Mineral Resources Limited (ASX:MIN) Focus On Improving This Fundamental Metric?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Simply Wall St.
Should You Buy Mineral Resources Limited (ASX:MIN) For Its 3.5% Dividend?
Today we'll take a closer look at Mineral Resources Limited (ASX:MIN) from a dividend investor's perspective. Owning a...
- Moody's
Mineral Resources Limited -- Moody's announces completion of a periodic review of ratings of Mineral Resources Limited
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Mineral Resources Limited and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Simply Wall St.
Shareholders Are Thrilled That The Mineral Resources (ASX:MIN) Share Price Increased 114%
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But in contrast you can make much more than 100% if the company does well. For example, the M...
- Simply Wall St.
Is Mineral Resources Limited (ASX:MIN) A Financially Sound Company?
Investors are always looking for growth in small-cap stocks like Mineral Resources Limited (ASX:MIN), with a market cap of AU$3.2b. However, an important fact which most ignore is: how financially healthy is the business...
- Moody's
Mineral Resources Limited -- Moody's assigns first-time Ba3 ratings to Mineral Resources Limited; outlook stable
Moody's Investors Service has assigned a first-time Ba3 corporate family rating (CFR) to Mineral Resources Limited (MIN). At the same time, Moody's has assigned a Ba3 rating to MIN's proposed $750 million senior unsecured US 144A notes issuance. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS.
