Mineral Resources Ltd
MIN: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$54.00 | Nnlf | Mgsktjrg |
Mineral Resources: Falling Lithium Costs Encourage Despite Price Collapse Removing the Gloss
Our AUD 67 per share fair value estimate for no-moat Mineral Resources stands. The iron ore and lithium miner left all fiscal 2024 volume guidance unchanged following the release of fiscal second-quarter operational results.