OZ Minerals (OZL.AX) Stock Price
OZ Minerals Price
Over the last 19 years OZ Minerals grew revenue by 17.6% annually, reaching 1.92 B AUD. Earnings per share have grown at 10.4% per year over the last 19 years. For OZ Minerals, the net margin of 10.8% is down versus 19.9% a few years ago. The payout ratio is around 60% of earnings. The dividend has grown at 14.9% per year over the past 16 years.
OZ Minerals stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of OZ Minerals 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 OZ Minerals 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 OZ Minerals's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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OZ Minerals Revenue, EBIT, Net Income
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OZ Minerals Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB AUD |
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| REVENUE GROWTH% |
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| EBITB AUD |
| EBIT MARGIN% |
| NET INCOMEB AUD |
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| DIVIDENDDIV.AUD |
| SHARESM |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023e | 2024e | 2025e | 2026e | 2027e | 2028e | 2029e | 2030e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.88 | 0.82 | 1.02 | 1.12 | 1.11 | 1.34 | 2.10 | 1.92 | 2.22 | 2.25 | 2.72 | 2.87 | 3.73 | 4.27 | 4.33 | 4.22 |
| 5.78 | -6.48 | 24.45 | 9.19 | -0.90 | 21.23 | 56.11 | -8.35 | 15.36 | 1.72 | 20.68 | 5.48 | 29.99 | 14.40 | 1.52 | -2.61 |
| 60.75 | 70.68 | 69.21 | 36.35 | 34.42 | 33.83 | 42.86 | 29.43 | 29.43 | 29.43 | 29.43 | 29.43 | 29.43 | 29.43 | 29.43 | 29.43 |
| 0.53 | 0.58 | 0.71 | 0.41 | 0.38 | 0.45 | 0.90 | 0.57 | 0.65 | 0.66 | 0.80 | 0.84 | 1.10 | 1.26 | 1.27 | 1.24 |
| 0.16 | 0.16 | 0.33 | 0.30 | 0.23 | 0.34 | 0.78 | 0.34 | 0.52 | 0.66 | 0.83 | 1.12 | 1.34 | – | – | – |
| 18.32 | 19.71 | 31.96 | 26.68 | 20.96 | 25.56 | 37.28 | 17.86 | 23.48 | 29.43 | 30.56 | 39.12 | 35.89 | – | – | – |
| 0.13 | 0.11 | 0.23 | 0.22 | 0.16 | 0.21 | 0.53 | 0.21 | 0.37 | 0.45 | 0.63 | 0.53 | 0.79 | 0.99 | 1.11 | 1.07 |
| 170.83 | -17.69 | 115.89 | -3.90 | -26.58 | 30.06 | 150.00 | -60.94 | 78.26 | 21.14 | 40.04 | -15.18 | 48.40 | 26.02 | 11.78 | -4.05 |
| – | – | – | – | – | – | – | – | 0.37 | – | – | – | – | – | – | – |
| 303.43 | 301.74 | 298.58 | 311.17 | 323.43 | 325.97 | 332.52 | 336.19 | 336.19 | 336.19 | 336.19 | 336.19 | 336.19 | 336.19 | 336.19 | 336.19 |
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Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales OZ Minerals 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 OZ Minerals 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 OZ Minerals'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 OZ Minerals 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 OZ Minerals'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.
OZ Minerals stock margins
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OZ Minerals Stock Revenue, EBIT, Earnings per Share
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OZ Minerals business model & stock analysis
OZ Minerals SWOT Analysis
Strengths
[ { "heading": "1.", "text": "Established" } ]
OZ Minerals Ltd has a strong and recognized presence in the mining industry, with a history spanning several decades. This positions the company favorably in terms of brand reputation and industry relationships.
[ { "heading": "2.", "text": "Diverse" } ]
The company has a diversified portfolio of minerals, including copper, gold, and others. This diversity helps OZ Minerals to mitigate risks associated with fluctuations in commodity prices, ensuring a more stable revenue stream.
[ { "heading": "3.", "text": "Operational" } ]
OZ Minerals prides itself on its operational efficiency, implementing cost-effective and sustainable mining practices. This enables the company to maximize productivity while minimizing environmental impact, enhancing its competitiveness.
Weaknesses
[ { "heading": "1.", "text": "Dependence" } ]
As a mining company, OZ Minerals is susceptible to external factors such as commodity price fluctuations, regulatory changes, and geopolitical risks. This can influence the company's profitability and operational stability.
[ { "heading": "2.", "text": "Limited" } ]
While OZ Minerals has established a strong market presence, its operations are primarily focused in Australia. This geographical concentration exposes the company to regional economic and political risks, potentially impacting its growth opportunities.
Opportunities
[ { "heading": "1.", "text": "Growing" } ]
With increasing global demand for copper, OZ Minerals can capitalize on this opportunity by expanding its copper mining operations. This can potentially lead to higher revenues and market share in the industry.
[ { "heading": "2.", "text": "Acquisitions" } ]
OZ Minerals has the opportunity to strategically acquire or enter into partnerships with other mining companies to diversify its portfolio or gain access to new mineral deposits. This can contribute to the company's long-term growth and enhance its competitive position.
Threats
[ { "heading": "1.", "text": "Competition" } ]
The mining industry is highly competitive, with price volatility being a significant threat. OZ Minerals faces competition from other global mining companies, and fluctuations in commodity prices can impact its profitability and market position.
[ { "heading": "2.", "text": "Environmental" } ]
Increasing focus on environmental sustainability and social responsibility introduces regulatory risks and compliance challenges for OZ Minerals. Failure to comply with environmental regulations or meet community expectations can lead to reputational damage and operational disruptions.
OZ Minerals Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
OZ Minerals historical P/E ratio, EBIT multiple, and P/S ratio
OZ Minerals annual returns
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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.
OZ Minerals shares outstanding
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OZ Minerals stock splits
OZ Minerals Dividend History
17 years of dividend payments · 3 consecutive increases
OZ Minerals dividend payout ratio
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OZ Minerals Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 8/23/2023 | 0.54AUD | - | 1.08 BAUD | - | 2023 Q2 |
| 2/20/2023 | 0.09AUD | - | 881.58 MAUD | - | 2022 Q4 |
| 8/26/2022 | 0.33AUD | - | 922.88 MAUD | - | 2022 Q2 |
| 2/21/2022 | 0.96AUD | - | 1.17 BAUD | - | 2021 Q4 |
| 8/18/2021 | 0.55AUD | - | 889.80 MAUD | - | 2021 Q2 |
| 2/18/2021 | 0.40AUD | - | 784.68 MAUD | - | 2020 Q4 |
| 8/19/2020 | 0.14AUD | - | 581.30 MAUD | - | 2020 Q2 |
| 2/18/2020 | 0.56AUD | - | 694.25 MAUD | - | 2019 Q4 |
| 8/28/2019 | 0.09AUD | - | 425.30 MAUD | - | 2019 Q2 |
| 2/22/2018 | 0.56AUD | - | 591.15 MAUD | - | 2017 Q4 |
OZ Minerals shareholder structure
| % | Name |
|---|---|
4.97328% | |
3.17205% | |
2.57602% | |
2.06811% | |
2.02799% | |
1.98943% |
OZ Minerals Beneficial Ownership Filings (SEC 13D/G)
OZ Minerals Executives and Management Board
20 members · avg. age 59 · 30 % women
Mr. Andrew Cole
Chief Executive Officer, Managing Director, Director · since 2009
2.89 M AUD
Management
Mr. Warrick Ranson
Chief Financial Officer
Mr. Mark Irwin
Chief Commercial Officer
Mr. Carlos Gonzalez
Chief Executive - Brazil
Mr. Fiona Blakely
Chief People Officer
Ms. Gabrielle Iwanow
General Manager - Prominent Hill
Mr. Myles Johnston
General Manager - Carrapateena Operations
Board of Directors
Ms. Rebecca Mcgrath
Non-Executive Independent Chairman of the Board
Mr. Peter Wasow
Non-Executive Independent Director
Ms. Tonianne Dwyer (58)
Non-Executive Independent Director
Mr. Charlie Sartain (59)
Non-Executive Independent Director
Mr. Richard Seville
Non-Executive Independent Director
Dr. Sarah Ryan
Non-Executive Director
Frequently asked questions about OZ Minerals
The business model of OZ Minerals Ltd involves the exploration, development, mining, and processing of base and precious metals. As a leading Australian mining company, OZ Minerals focuses on copper and gold production. With a strong emphasis on sustainable mining practices, the company ensures responsible resource extraction while minimizing environmental impacts. OZ Minerals operates several mining projects across Australia, including the Prominent Hill, Carrapateena, and West Musgrave mines. By leveraging its technical expertise and innovative approaches, OZ Minerals strives to deliver value to its shareholders, stakeholders, and communities through efficient operations and long-term growth prospects.
OZ Minerals Ltd is primarily active in the mining industry.
The main competitors of OZ Minerals Ltd in the market include BHP Group, Rio Tinto, Newcrest Mining Limited, and South32 Limited.
OZ Minerals Ltd is an Australian mining company with a rich history and background. Established in 2008, the company was formed through the merger of Oxiana Limited and Zinifex Limited. OZ Minerals primarily focuses on the exploration, development, and mining of copper and gold deposits. With operations in Australia and Brazil, the company has a strong presence in the mining industry. OZ Minerals has built a reputation for its commitment to sustainable mining practices and community engagement. Over the years, the company has successfully expanded its resource base and continues to strengthen its position in the global mining sector.
Some significant milestones achieved by OZ Minerals Ltd include the acquisition of the Prominent Hill copper-gold project, which has become their flagship operation. OZ Minerals also successfully ramped up production at Prominent Hill, reaching full capacity in a short span of time. The company implemented innovative mining and processing techniques to maximize efficiency and productivity. OZ Minerals further expanded its portfolio with the acquisition of Carrapateena, a world-class copper-gold project that has significant growth potential. Additionally, the company has maintained a strong focus on sustainability, implementing responsible mining practices and community engagement initiatives.
OZ Minerals Ltd is primarily present in Australia and South America. It has mining operations in South Australia and Queensland, Australia, where it focuses on copper and gold exploration and production. In South America, the company operates in Chile, with a significant presence in the Antofagasta region. OZ Minerals Ltd's strategic focus on these countries and regions allows it to leverage their rich mineral resources and favorable investment environments. As a leading mining company, OZ Minerals Ltd continuously seeks opportunities to expand its operations and maximize shareholder value in these key jurisdictions.
OZ Minerals Ltd represents a strong set of values and corporate philosophy. The company believes in delivering sustainable value to its stakeholders through responsible mining practices and exploration activities. OZ Minerals is committed to maintaining a culture of safety, innovation, collaboration, and integrity. With a focus on maximizing shareholder returns and long-term growth, the company values environmental stewardship and community engagement. OZ Minerals aims to build sustainable partnerships and create value in a socially and environmentally responsible manner. By embracing these principles, OZ Minerals strives to be a leader in the mining industry, ensuring a prosperous future for all stakeholders.
16 analysts currently rate the OZ Minerals stock: 5 recommend buying, 10 holding and 1 selling.
The OZ Minerals share (OZL.AX) is listed on 6 stock exchanges, including: Frankfurt (OXR.F), München (OXR.MU), Düsseldorf (OXR.DU), Hamburg (OXR.HM), SIX (Zürich) (OXR.SW), ASX (OZL.AX).
OZ Minerals Ltd is an Australian mineral company based in Sydney. The company's business model includes the extraction of copper, gold, and silver in Australia and South America. The company is a major player in the global metal industry and is ranked among the top 50 mining companies worldwide. The main mining projects of OZ Minerals are the Prominent Hill Mine and the Carrapateena Mine, both located in South Australia. Other projects are in various stages of exploration and development, including West Musgrave in Western Australia, the Castlereagh Copper-Gold Project in Queensland, and the Pedra Branca Copper-Gold Project in Brazil. OZ Minerals aims to achieve long-term growth in the global metal industry through a strategy focused on project exploration and development, as well as mergers and acquisitions. The company also has a sustainability strategy that aims to improve environmental, social, and governance standards in all aspects of its operations. OZ Minerals is well positioned to adapt to future opportunities and challenges in the industry and ensure long-term growth through project diversification and a strong sustainability strategy.
The revenue cannot currently be calculated for OZ Minerals.
The profit cannot currently be calculated for OZ Minerals.
The P/E ratio cannot be calculated for OZ Minerals at the moment.
The P/S cannot be calculated for OZ Minerals currently.
The Eulerpool Quality Score for OZ Minerals is 5/10.
The ISIN of OZ Minerals is AU000000OZL8. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of OZ Minerals is A0Q657. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of OZ Minerals is OZL.AX. The ticker symbol is used to trade OZ Minerals shares on the stock exchange.
The current dividend yield of OZ Minerals is - %.
OZ Minerals is assigned to the 'Commodities' sector.
The dividends of OZ Minerals are distributed in AUD.
OZ Minerals stock
OZ Minerals Peer Group
OZ Minerals Ticker
OZ Minerals FIGI
All fundamentals and in-depth analysis of OZ Minerals
Our stock analysis for OZ Minerals 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 OZ Minerals. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.