Mineral Resources Limited Given Outperform Rating at RBC Capital (MIN)
Mineral Resources Limited (ASX:MIN)‘s stock had its “outperform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Tuesday. They currently have a $12.00 price target on the stock, down from their previous price target of $13.00.
Mineral Resources Limited (ASX:MIN) traded up 0.37% during mid-day trading on Tuesday, hitting A$10.880. 781,429 shares of the company’s stock traded hands. Mineral Resources Limited has a 1-year low of A$9.150 and a 1-year high of A$12.740. The stock’s 50-day moving average is A$10.0 and its 200-day moving average is A$11.11. The company has a market cap of A$2.025 billion and a P/E ratio of 8.12.
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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