Is Mincor Resources NL stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Mincor Resources NL pays dividends. Last time was Friday 20th of March 2015 where the investors holding the stock on Thursday 19th of February 2015 were paid $0.02 per share. Over the last 23 times between 2003 and 2015, Mincor Resources NL has paid $0.68 with an average of $0.03 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Mincor Resources NL 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $0.660, you would have made a profit of $0.720 per share or 109.09%
Yes, the average daily trading liquidity for Mincor Resources NL is $4.80 million. You should therefore be able to get in and out of your positions relatively fast.
Mincor Resources NL has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Mincor Resources NL to be high [0.85 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.