Mineral Resources Ltd
MIN: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xB% | LOCK|YR | LOCK|fQ&G#F$ |
Mineral Resources Earnings: Record Results and Reinstated Dividend Not Enough
Mineral Resources reported a sharp turnaround in fiscal 2026 underlying net profit after tax to a record AUD 707 million against the AUD 198 million loss a year ago. Net debt fell 20% to AUD 4.3 billion, with net debt/EBITDA declining to 1.5 from 5.9. But shares fell 2% on Aug. 27.
