MIN 3.76% $70.87 mineral resources limited

Fair Value?

  1. 1,979 Posts.
    lightbulb Created with Sketch. 313
    From an historical PE perspective it only looks fair value at these prices. MIN has a trailing PE of just under 10 which is around its historical average. The things that provide upside are Wodgina and any potential sale of share and future Lithium income. The share price drop is because of some in the markets scepticism around Lithium pricing going forward.

    I don't see much downside at these share price levels though. Hopefully a bullish outlook next week will bode well for us holders.
 
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Last
$70.87
Change
2.570(3.76%)
Mkt cap ! $13.83B
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$70.25 $70.96 $69.76 $92.10M 1.303M

Buyers (Bids)

No. Vol. Price($)
1 90 $70.83
 

Sellers (Offers)

Price($) Vol. No.
$70.87 3611 1
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$70.74
  Change
2.570 ( 3.51 %)
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$70.25 $70.93 $69.81 316873
Last updated 15.59pm 28/03/2024 ?
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