Mineral Resources P/S 2024

Mineral Resources P/S

2.97

Mineral Resources Dividend yield

3.62 %

Ticker

MIN.AX

ISIN

AU000000MIN4

WKN

A0J36A

As of May 28, 2024, Mineral Resources's P/S ratio stood at 2.97, a 8% change from the 2.75 P/S ratio recorded in the previous year.

The Mineral Resources P/S history

Mineral Resources Aktienanalyse

What does Mineral Resources do?

Mineral Resources Ltd is an Australian mining company based in Perth, which has been active since 1993 and specializes in exploration, development, and production of mineral resources. It is listed on the Australian Stock Exchange and is one of the leading mining companies in Australia. The history of Mineral Resources Ltd began over 20 years ago when founders Chris Ellison and Peter Wade started searching for resources in Western Australia. Since then, the company has experienced significant growth and has become a major player in the Australian mining industry. Mineral Resources Ltd has developed a wide range of mineral deposits, including iron ore, lithium, gold, nickel, copper, and other commodities. The business model of Mineral Resources Ltd is focused on finding, developing, and producing mineral deposits. The company operates an integrated and diversified mining and processing platform that is aimed at efficient resource utilization and optimizing profitability and value creation. The company is divided into different divisions, each focused on different mineral deposits and markets. An important division of Mineral Resources Ltd is its iron ore business. The company has a significant presence in the Pilbara region of Western Australia, which is rich in high-quality iron ore. Mineral Resources Ltd operates several mines, including the Iron Valley Mine and the Koolyanobbing Mine, which produce high-quality iron ore. Another important division of the company is its lithium business. Mineral Resources Ltd has various lithium projects in Western Australia and is currently the largest producer of lithium concentrate in Australia. With the growing demand for lithium batteries as energy storage solutions for electric vehicles and renewable energy, Mineral Resources Ltd is well positioned to continue benefiting from this growing market. In addition to its iron ore and lithium business, Mineral Resources Ltd also operates gold mines in Western Australia, producing high-quality gold. Furthermore, the company has expanded its business to include copper and nickel mining and is also involved in the development of mineral deposits such as tin and rare earth metals. Mineral Resources Ltd also offers a wide range of mining and processing services. The company operates various infrastructure, including rail, road, and port facilities to facilitate the transportation of raw materials. Additionally, the company provides mining and processing services to third parties, including mining production, process optimization, and raw material delivery. Overall, Mineral Resources Ltd has a strong position in the Australian mining industry and is focused on a long-term growth strategy. The company is able to cope with fluctuating commodity prices by relying on its integration capabilities and diversification and maintaining a solid financial position. With its focus on efficiency, productivity, and technological advancement, Mineral Resources Ltd is well positioned to continue to be successful in the future. Mineral Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Mineral Resources's P/S Ratio

Mineral Resources's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Mineral Resources's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Mineral Resources's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Mineral Resources’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Mineral Resources Stock

What is the price-to-earnings ratio of Mineral Resources?

The price-earnings ratio of Mineral Resources is currently 2.97.

How has the price-earnings ratio of Mineral Resources changed compared to last year?

The price-to-earnings ratio of Mineral Resources has increased by 8% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Mineral Resources high compared to other companies?

Yes, the price-to-earnings ratio of Mineral Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Mineral Resources affect the company?

An increase in the price-earnings ratio of Mineral Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Mineral Resources affect the company?

A decrease in the price-earnings ratio of Mineral Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Mineral Resources?

Some factors that influence the price-earnings ratio of Mineral Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Mineral Resources pay?

Over the past 12 months, Mineral Resources paid a dividend of 2.71 AUD . This corresponds to a dividend yield of about 3.62 %. For the coming 12 months, Mineral Resources is expected to pay a dividend of 2.82 AUD.

What is the dividend yield of Mineral Resources?

The current dividend yield of Mineral Resources is 3.62 %.

When does Mineral Resources pay dividends?

Mineral Resources pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Mineral Resources?

Mineral Resources paid dividends every year for the past 24 years.

What is the dividend of Mineral Resources?

For the upcoming 12 months, dividends amounting to 2.82 AUD are expected. This corresponds to a dividend yield of 3.76 %.

In which sector is Mineral Resources located?

Mineral Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Mineral Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mineral Resources from 3/26/2024 amounting to 0.286 AUD, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.

When did Mineral Resources pay the last dividend?

The last dividend was paid out on 3/26/2024.

What was the dividend of Mineral Resources in the year 2023?

In the year 2023, Mineral Resources distributed 1.429 AUD as dividends.

In which currency does Mineral Resources pay out the dividend?

The dividends of Mineral Resources are distributed in AUD.

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Andere Kennzahlen von Mineral Resources

Our stock analysis for Mineral Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Mineral Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.