Is Mineral Resources Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Mineral Resources Ltd pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Friday 1st of March 2024 were paid $0.2 per share. Over the last 35 times between 2006 and 2024, Mineral Resources Ltd has paid $11.662 with an average of $0.33 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Mineral Resources Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $13.58, you would have made a profit of $17.07 per share or 125.70%
Yes, the average daily trading liquidity for Mineral Resources Ltd is $1.39 million. You should therefore be able to get in and out of your positions relatively fast.
Mineral Resources Ltd 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. With a normal cash flow to debt ratio of 0.37, the company's ability to pay off the debt is normal. Mineral Resources Ltd has a good net profit margin of 7.93% and should have high tolerances against inflation.
We have calculated the inflation risk for Mineral Resources Ltd to be low [0.4 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.