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MIN

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    37.1027$
  • Previous Close
    35.6392$
  • 52 Week Change
    40.83$
  • Day Range
    1.46$
  • 52 Week High/Low
    14.05$ - 54.88$
  • Dividend Per Share
    --
  • Market cap
    7 010 M$
  • EPS
    -4.1
  • Beta
    1.143
  • Volume
    --

About

MIN.AU represents Mineral Resources Limited, an Australian-based diversified resources company with extensive operations in mining services, iron ore, lithium, and gas. The company provides services to the mining industry, including crushing, screening, and processing of ore. They also directly mine and export iron ore, focusing on smaller, higher-grade deposits. Furthermore, Mineral Resources is developing significant lithium resources, aiming to become a major global supplier of lithium products. Finally, the company holds interests in natural gas assets within Western Australia.
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Factors

Commodity Prices: Fluctuations in iron ore, MIN's primary product, directly impact revenue and profitability.

Production Volumes: Higher production typically leads to increased sales and potentially higher earnings, driving up stock prices.

Operational Costs: Efficient cost management and low operating expenses can improve profit margins, positively affecting the stock.

Global Demand: Economic growth, particularly in China, fuels demand for iron ore, boosting MIN's prospects.

Exchange Rates: Changes in the Australian dollar's value relative to other currencies influence MIN's export revenue.

Market Sentiment: Overall investor confidence and risk appetite impact stock valuations, even for fundamentally sound companies.

Company News: Announcements regarding production targets, acquisitions, and strategic initiatives affect investor perception.

Government Policies: Regulations related to mining, taxation, and environmental issues can influence MIN's profitability and stock price.

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