Mineral Resources (MIN) Stock Price, Fundamentals & Analysis

What MIN does

Mineral Resources (MIN) is a mining services and resources company listed on the ASX. It operates across mining services, iron ore, lithium, energy, and other segments, offering contractor services, pit-to-ship solutions, mineral processing design and construction, logistics and autonomous road haulage, equipment manufacturing, rehabilitation, and engineering services. The company also develops iron ore through its Onslow project in the West Pilbara region, produces battery-grade lithium, and mines and exports spodumene concentrate and iron ore. It is part of the ASX 200 index and operates in the Basic Materials sector alongside peers such as Fortescue (FMG) and Liontown Resources (LTR).

Key numbers explained

• 52.41 AUD is the current share price; the -3.27% move shows today's change relative to the previous close.
• The trailing P/E ratio of 9.8 divides the current price by the last 12 months' earnings per share (5.34 AUD), a common way to see how the market prices each dollar of recent earnings.
• The forward P/E ratio of 14.8 uses expected future earnings, which can differ from the trailing figure when analysts forecast growth or changes in profitability.
• Dividend yield of 1.58% tells you the annual dividend as a percentage of the share price; the ex-dividend date is 8 Sept. 2026, and 0% of earnings is paid out as dividends today.
• Market capitalisation of 10.41 mld. AUD is the total value of all outstanding shares at the current price.
• Beta of 1.11 indicates the share has historically moved about 11% more than the broader market for every 10% market move.
• Revenue growth of 56.2% year over year shows how quickly top-line sales have expanded over the last 12 months.
• Return on equity of 28.7% measures how efficiently the company generates profit from shareholders' capital.

What to watch

• Commodity prices, especially for iron ore and lithium, which can affect both revenue and margins.
• Operating and profit margins (25.8% operating margin, 16.4% profit margin) as indicators of cost control and pricing power.
• The debt-to-equity ratio of 121.1%, which shows the company carries more debt than equity and may be sensitive to interest-rate changes.
• Upcoming earnings on 27 Aug. 2026, which can drive price volatility as the market digests results and guidance.
• Peer movements in the Basic Materials space, including companies like PLS Group (PLS) and Orica (ORI), which operate in related industrial and mining services markets.