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Stock analysts at RBC Capital hoisted their target price on shares of Mineral Resources Limited (ASX:MIN) from $2.00 to $15.00 in a report issued on Sunday, Analyst Ratings.Net reports. The firm currently has an “outperform” rating on the stock.

Mineral Resources Limited (ASX:MIN) traded up 2.36% on Friday, hitting A$11.710. 1,024,839 shares of the company’s stock traded hands. Mineral Resources Limited has a 52 week low of A$7.990 and a 52 week high of A$12.350. The stock’s 50-day moving average is A$11.22 and its 200-day moving average is A$10.81. The company has a market cap of A$2.178 billion and a P/E ratio of 11.75.

Mineral Resources Limited is an integrated supplier of goods and services to the resources sector. The Company has operations in build, own and operate crushing, screening, processing and materials handling, general mine infrastructure, bulk iron ore and manganese commodities production and export and polyethylene pipeline fabrication, pipe lining, pipe fittings manufacture and pipeline installation.

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