Mineral Resources (MIN.AX) Stock Price

Mineral Resources Price

🇦🇺ASX·CLOSED
71.29AUD
Market closed
Today +/-
Today %

Mineral Resources (MIN.AX) Stock | ISIN AU000000MIN4 | WKN A0J36A. The current Mineral Resources stock price is 71.29 AUD (2026). Revenue is 6.13 B AUD. Net income is 720.09 M AUD. The P/E ratio is 19.5. Market capitalization is 14.04 B AUD. Mineral Resources operates in the Commodities sector.

Revenue has compounded at 20.8% per year over the past 18 years to 4.47 B AUD. Earnings per share have grown at 8.1% per year over the last 17 years. Mineral Resources's net margin stands at -20.2%, down from 34% several years earlier. Mineral Resources currently offers a dividend yield of about 0.4%. The payout ratio is around 63% of earnings. The dividend has grown at 16.9% per year over the past 18 years.

Mineral Resources stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Mineral Resources over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Mineral Resources stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Mineral Resources's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Mineral Resources Stock Price History
DateMineral Resources Price
Access this data via the Eulerpool API

Mineral Resources Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
0 AUD
0 AUD
0 AUD
Jan 1, 2007
148.8 M AUD
27.9 M AUD
20.2 M AUD
Jan 1, 2008
245 M AUD
70.2 M AUD
47.1 M AUD
Jan 1, 2009
257.4 M AUD
61.1 M AUD
44.3 M AUD
Jan 1, 2010
312.6 M AUD
78.4 M AUD
97.3 M AUD
Jan 1, 2011
609.5 M AUD
187.7 M AUD
151 M AUD
Jan 1, 2012
925.9 M AUD
224.1 M AUD
242.2 M AUD
Jan 1, 2013
1.1 B AUD
251.4 M AUD
181.3 M AUD
Jan 1, 2014
1.9 B AUD
248.8 M AUD
231.1 M AUD
Jan 1, 2015
1.3 B AUD
128.83 M AUD
12.81 M AUD
Jan 1, 2016
1.18 B AUD
147.49 M AUD
-24.86 M AUD
Jan 1, 2017
1.46 B AUD
300.21 M AUD
201.41 M AUD
Jan 1, 2018
1.62 B AUD
388.94 M AUD
272.5 M AUD
Jan 1, 2019
1.51 B AUD
324.77 M AUD
163.67 M AUD
Jan 1, 2020
2.12 B AUD
568.5 M AUD
1 B AUD

Mineral Resources Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 16, 2026, 5:15 AM
 
REVENUE (B AUD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B AUD)
NET INCOME (B AUD)
NET INCOME GROWTH (%)
DIV. (AUD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202420252026e2027e2028e2029e2030e2031e
5.284.476.135.966.046.036.26.27
10.44-15.2737.05-2.721.31-0.232.921.05
43.0543.0731.4232.331.8931.9631.0530.73
2.271.931.931.931.931.931.931.93
0.13-0.90.720.620.510.520.811.23
-48.56-823.2-179.65-13.33-17.631.7554.4951.86
0.29-2.2221.64---
-89.3-9.91-18
197.53197197197197197197197
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Mineral Resources generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Mineral Resources retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Mineral Resources's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Mineral Resources has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Mineral Resources's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Mineral Resources stock margins

The Mineral Resources margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Mineral Resources. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Mineral Resources.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
43.07 %
0 %
0 %
Jan 1, 2007
89.31 %
18.75 %
13.58 %
Jan 1, 2008
91.14 %
28.65 %
19.22 %
Jan 1, 2009
88.38 %
23.74 %
17.21 %
Jan 1, 2010
82.76 %
25.08 %
31.13 %
Jan 1, 2011
84.95 %
30.8 %
24.77 %
Jan 1, 2012
80.17 %
24.2 %
26.16 %
Jan 1, 2013
87.28 %
22.92 %
16.53 %
Jan 1, 2014
89.68 %
13.1 %
12.17 %
Jan 1, 2015
88.05 %
9.92 %
0.99 %
Jan 1, 2016
59.47 %
12.52 %
-2.11 %
Jan 1, 2017
69.76 %
20.59 %
13.81 %
Jan 1, 2018
69.24 %
23.94 %
16.77 %
Jan 1, 2019
63.61 %
21.48 %
10.82 %
Jan 1, 2020
63.99 %
26.76 %
47.24 %

Mineral Resources Stock Revenue, EBIT, Earnings per Share

The Mineral Resources earnings per share therefore indicates how much revenue Mineral Resources has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
0 AUD
0 AUD
0 AUD
Jan 1, 2007
1.25 AUD
0.23 AUD
0.17 AUD
Jan 1, 2008
1.99 AUD
0.57 AUD
0.38 AUD
Jan 1, 2009
2.04 AUD
0.48 AUD
0.35 AUD
Jan 1, 2010
2.15 AUD
0.54 AUD
0.67 AUD
Jan 1, 2011
3.5 AUD
1.08 AUD
0.87 AUD
Jan 1, 2012
5.01 AUD
1.21 AUD
1.31 AUD
Jan 1, 2013
5.89 AUD
1.35 AUD
0.97 AUD
Jan 1, 2014
10.2 AUD
1.34 AUD
1.24 AUD
Jan 1, 2015
6.94 AUD
0.69 AUD
0.07 AUD
Jan 1, 2016
6.3 AUD
0.79 AUD
-0.13 AUD
Jan 1, 2017
7.79 AUD
1.6 AUD
1.08 AUD
Jan 1, 2018
8.66 AUD
2.07 AUD
1.45 AUD
Jan 1, 2019
8.05 AUD
1.73 AUD
0.87 AUD
Jan 1, 2020
11.28 AUD
3.02 AUD
5.33 AUD

Mineral Resources business model & stock analysis

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 SWOT Analysis

Strengths

Mineral Resources Ltd (MRL) possesses several strengths that contribute to its overall success in the mining sector. Firstly, the company has a diversified portfolio of mineral assets, allowing it to leverage different market conditions and optimize its revenue streams. Secondly, MRL operates advanced mining infrastructure and employs modern technology, enabling efficient extraction and processing of minerals. This technological advantage positively impacts the company's productivity, operational costs, and environmental sustainability.

Thirdly, MRL has a talented workforce comprising experienced professionals who possess significant knowledge in mineral exploration, extraction, and processing. This expertise enhances the company's ability to identify and capitalize on lucrative mining opportunities. Additionally, MRL has established strategic partnerships and supply chain networks, facilitating reliable access to key markets and customers.

Weaknesses

Despite its strengths, Mineral Resources Ltd faces certain weaknesses that may hinder its growth and profitability. One major weakness is the company's dependence on volatile commodity prices. Fluctuations in mineral prices can significantly impact MRL's revenue and profitability, making it vulnerable to market downturns.

Furthermore, MRL's reliance on mining operations exposes it to various operational risks such as geological challenges, regulatory changes, and potential environmental impacts. Managing these risks effectively necessitates continuous monitoring, adaptation, and compliance with stringent regulations.

Opportunities

Mineral Resources Ltd can capitalize on several opportunities to further strengthen its market position. Firstly, the global shift towards clean energy presents a significant opportunity for MRL, as minerals like lithium and cobalt are essential for renewable energy technologies. Strategic investments and partnerships in the renewable energy sector can diversify MRL's revenue sources and mitigate the impact of market fluctuations.

Secondly, the increasing demand for rare earth minerals, critical for high-tech industries, offers MRL an opportunity to expand its exploration and mining activities in this sector. Additionally, MRL can explore emerging markets with significant mineral reserves, leveraging its expertise and infrastructure for profitable operations.

Threats

Several threats pose challenges to Mineral Resources Ltd's operations and future prospects. Firstly, intensifying competition within the mining industry from both established companies and emerging players can impact MRL's market share and profitability. Maintaining a competitive edge would require continuous innovation, cost optimization, and focus on operational excellence.

Secondly, strict environmental regulations, particularly regarding carbon emissions and land rehabilitation, pose a threat to MRL's operations. Non-compliance with these regulations can result in substantial financial penalties as well as reputational damage. Adapting to and investing in sustainable mining practices will be crucial in mitigating these threats.

Mineral Resources Eulerpool Fair Value

Mineral Resources historical P/E ratio, EBIT multiple, and P/S ratio

Mineral Resources annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Mineral Resources shares outstanding

The number of shares was Mineral Resources in 2025 — This indicates how many shares 197 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
120.3 M base_Shares
Jan 1, 2007
119.3 M base_Shares
Jan 1, 2008
122.9 M base_Shares
Jan 1, 2009
126.1 M base_Shares
Jan 1, 2010
145.3 M base_Shares
Jan 1, 2011
174 M base_Shares
Jan 1, 2012
184.8 M base_Shares
Jan 1, 2013
186.2 M base_Shares
Jan 1, 2014
186.2 M base_Shares
Jan 1, 2015
187.14 M base_Shares
Jan 1, 2016
186.82 M base_Shares
Jan 1, 2017
187.08 M base_Shares
Jan 1, 2018
187.54 M base_Shares
Jan 1, 2019
187.93 M base_Shares
Jan 1, 2020
188.33 M base_Shares

Mineral Resources Dividend History

19 years of dividend payments

YearAnnual DividendYoY ChangePayments
20240.29AUD 89.5%
20232.71AUD 90.0%
20221.43AUD 63.6%
20213.93AUD 175.0%
20201.43AUD 127.3%
20190.63AUD 32.3%
20180.93AUD 20.4%
20170.77AUD 83.1%
20160.42AUD 31.1%
20150.32AUD 63.7%

Mineral Resources dividend payout ratio

In 2025, Mineral Resources had a payout ratio of 64.89%. The payout ratio indicates the percentage of the company's profits that Mineral Resources distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
54.15 %
Jan 1, 2007
69.75 %
Jan 1, 2008
72.74 %
Jan 1, 2009
78.98 %
Jan 1, 2010
42.64 %
Jan 1, 2011
68.97 %
Jan 1, 2012
50.16 %
Jan 1, 2013
70.69 %
Jan 1, 2014
71.43 %
Jan 1, 2015
469.24 %
Jan 1, 2016
-316.63 %
Jan 1, 2017
71.65 %
Jan 1, 2018
63.91 %
Jan 1, 2019
72.17 %
Jan 1, 2020
26.8 %
Price targets and forecasts for Mineral Resources are not yet available.

Mineral Resources Earnings Estimates

Mineral Resources Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/22/20241.96AUD2.49 BAUD2024 Q2
8/28/20234AUD3.86 BAUD2023 Q4
2/7/20232.48AUD2.83 BAUD2023 Q2
8/29/20222.71AUD2.45 BAUD2022 Q4
2/9/20220.47AUD1.44 BAUD2022 Q2
8/11/20214.17AUD2.22 BAUD2021 Q4
2/10/20212.22AUD1.53 BAUD2021 Q2
8/14/20140.58AUD827.73 MAUD2014 Q4
2/13/20140.78AUD989.52 MAUD2014 Q2
8/15/20130.61AUD640.62 MAUD2013 Q4

EESG©

Eulerpool ESG Scorecard© for the Mineral Resources stock

96/100
99
Environment
99
Social
89
Governance
E

Environment

20
Scope 1 - Direct Emissions704,980
Scope 2 - Indirect emissions from purchased energy11,054
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions716,034
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees22.3
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Mineral Resources shareholder structure

% Name
11.46431%
Ellison (Christopher James)
Ellison (Christopher James)
9.36842%
AustralianSuper
AustralianSuper
6.43917%
L1 Capital Pty Ltd.
L1 Capital Pty Ltd.
4.9936%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
4.93144%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
4.10845%
State Street Investment Management Australia Ltd.
State Street Investment Management Australia Ltd.
1.76549%
Vanguard Investments Australia Ltd.
Vanguard Investments Australia Ltd.
1.4162%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.08854%
VanEck Australia Pty Ltd.
VanEck Australia Pty Ltd.
0.88663%
State Street Investment Management (US)
State Street Investment Management (US)
...

Mineral Resources Executives and Management Board

CE

Mr. Christopher Ellison

Managing Director, Executive Director · since 2006

Compensation1.6 M AUD
JT

Mr. Joshua Thurlow

Chief Executive – Lithium

Compensation1.55 M AUD
CS

Mr. Chris Soccio

Chief Executive – Iron Ore

Compensation1.41 M AUD
MW

Mr. Mark Wilson

Chief Financial Officer, Company Secretary

Compensation1.18 M AUD
MG

Mr. Michael Grey

Chief Executive - Mining Services

Compensation1.02 M AUD

Frequently asked questions about Mineral Resources

The business model of Mineral Resources Ltd is focused on the exploration, mining, and production of various mineral commodities. The company is primarily involved in iron ore mining, offering services ranging from mine exploration and development to transportation and export. It also operates in the areas of lithium and tantalum production, providing valuable resources for the global market. With a strong emphasis on sustainability and efficiency, Mineral Resources Ltd also offers mining services to other companies in need of their expertise. Overall, this diversified business model positions Mineral Resources Ltd as a key player in the mineral resources industry.

All fundamentals and in-depth analysis of 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.