Tag: ASX:MIN

Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio. Our accumulation range for MIN is $37 – $47.

Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio. Our accumulation range for MIN is $37 – $47.

Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio.

25/11 update: (ASX:MIN} has crossed the 10-day average and is now 10% above the entry-level.

Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio.

Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio.

The share price has fallen 20% from the July high, as the iron ore price rolled over from $220/t to $130/t.

The strong lithium market (particularly spodumene with spot at US$1,250/t) offsets some of the weakness in iron ore and the growth outlook for MIN remains attractive.

The likely approval of Ashburton in the coming months is a key positive for the stock. Key decisions around Ashburton development hub and Wodgina restart are likely at the group AGM scheduled for 18th Nov.

Accumulate within the $42 – $52 price range.

Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio.

The share price has fallen 20% from the July high, as the iron ore price rolled over from $220/t to $130/t.

The strong lithium market (particularly spodumene with spot at US$1,250/t) offsets some of the weakness in iron ore and the growth outlook for MIN remains attractive.

The likely approval of Ashburton in the coming months is a key positive for the stock. Key decisions around Ashburton development hub and Wodgina restart are likely at the group AGM scheduled for 18th Nov.

Accumulate within the $42 – $52 price range.