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Mineral Resources Share Price ASX – Live Price News Forecast

Jack Carter Howard • 2026-04-17 • Reviewed by Hanna Berg

Mineral Resources Limited trades on the Australian Securities Exchange under the ticker ASX:MIN. The company operates across iron ore and lithium mining, crushing and screening services, and engineering and construction projects concentrated in Western Australia. Founded through a merger of mining services firms in 2006, the company remains led by founder Chris Ellison, who continues as a substantial shareholder.

Investors tracking MIN share price today encounter a stock that has demonstrated significant volatility in recent periods while maintaining substantial trading volumes. The following analysis presents current pricing data, recent performance metrics, financial indicators, and market context to assist those monitoring this resource sector investment.

What is the current Mineral Resources (ASX:MIN) share price today?

Live pricing data for MIN shares varies across financial platforms due to differing data feeds and update frequencies. The ASX official quote places the current price at $57.44, representing a decline of $0.539 or 0.93% from the previous close. Meanwhile, Market Index reports an opening price of $58.88 with trading confined to a $58.18 to $59.30 range, while the VWAP stands at $58.575 against a prior close of $58.23.

Current Price
$57.44
ASX Official
Today’s Change
-0.93%
From close
Market Cap
~AUD 8.30B
Approximate
Day Volume
~1.1M+
Shares traded

Other platforms report varying figures. Intelligent Investor shows $56.69, up 2.40% from the opening and 10.25% over seven days with the prior close at $51.42. TradingView indicates $59.34 with 2.25% gains over 24 hours, while Investing.com lists $63.54. This spread reflects the time gap between data refreshes across different financial information providers.

Price Variation Across Sources

Share prices differ between platforms by several dollars due to varying data feed timestamps. For official ASX-quoted prices, investors should reference the ASX market data page for the most authoritative real-time quote.

Key performance snapshot

Metric Value
Previous Close $58.23
Day Open $58.88
Day Range $58.18 – $59.30
52-Week Range $14.05 – $65.79
2026 YTD Change +4.21%
Average Volume ~1,247,147 shares

Recent trading activity

  • On 27 March 2026, MIN closed at $56.69 with volume of 1,136,557 shares and a daily gain of 4.31%
  • 26 March 2026 saw a decline of 2.02% to $55.36 with 1,033,496 shares traded
  • The 25 March 2026 session recorded the strongest recent performance at +5.30%, closing at $56.85
  • Trading volumes have fluctuated between approximately 1.03 million and 1.31 million shares in recent sessions
Volume Context

Recent daily volumes of roughly 1.1 million shares fall below the 2026 year-to-date average of approximately 1.25 million shares, suggesting slightly reduced market interest in recent sessions compared to the broader year average.

What is the latest news on Mineral Resources share price ASX?

Mineral Resources operates in the Basic Materials sector, classified as a mid-blend investment style by Morningstar. The company’s diverse operations span iron ore and lithium mining alongside crushing, screening, and engineering services primarily centered in Western Australia.

Financial results for the fiscal year reflect challenging conditions. Basic earnings per share on a trailing twelve-month basis stands at -4.63 AUD, while net income for the fiscal year reached -904M AUD. Annual revenue of 4.47B AUD provides scale, though profitability metrics remain under pressure.

Company background

Mineral Resources Limited entered the ASX in 2006 following the merger of several mining services enterprises. The company has since expanded from service provision into direct mining operations, establishing significant positions in both iron ore and lithium sectors. Founder Chris Ellison maintains a substantial ownership stake and continues in leadership.

Morningstar’s December 2025 analysis identified the company as presenting an opportunity despite elevated debt concerns, noting the shares trade at a discount with what they describe as an attractive long-term outlook in iron ore, lithium mining, and services operations focused in Western Australia.

Debt Considerations

Financial reports indicate significant debt levels alongside negative net income. Investors should carefully consider debt servicing requirements and cash flow generation capacity when evaluating this investment, particularly given the commodity price exposure inherent in mining operations.

What is the Mineral Resources share price ASX forecast and prediction?

Analyst coverage of MIN reveals substantial divergence in price expectations, reflecting the volatility inherent in commodity-linked equities and differing assessments of growth versus risk. TradingView records price targets ranging from a minimum of $15.00 AUD to a maximum of $49.00 AUD, with no unified consensus rating established across coverage sources.

Investing.com data shows analyst target upside of -14.7% from current levels, though they also identify a fair value scenario suggesting approximately 10.3% potential upside. This bipolar range illustrates the range-bound uncertainty characterizing current analyst sentiment.

Performance context and historical ranges

Period Start High Low Change
2026 Year to Date $54.40 $65.79 $48.27 +4.21%
Full Year 2025 $34.65 $56.56 $14.05 +56.94%
Financial Year 2026 $21.05 $65.79 $20.62 +169.31%

TradingView’s longer-term metrics indicate weekly gains of 9.75%, monthly appreciation of 19.17%, and a yearly decline of 10.30%. The stock has demonstrated extreme volatility, with the 52-week range spanning from $14.05 to $65.79, representing a wide spectrum of market valuations.

Valuation metrics

Key valuation indicators show a price-to-earnings ratio of -5.4x, below the sector average of -1.0x, reflecting the negative earnings position. The price-to-book ratio stands at 2.0x, slightly above the sector comparative of 1.6x. These metrics suggest the market assigns a premium relative to book value despite current unprofitability.

What are the Mineral Resources share price ASX dividends?

Available data indicates that Mineral Resources Limited does not currently report a dividend yield. TradingView records the dividend yield as “—” (unreported or none), and no specific dividend history or recent payment details appear in current financial records.

The combination of negative net income at -904M AUD for the fiscal year and ongoing debt considerations likely explains the absence of shareholder distributions. Companies experiencing losses typically redirect cash flows toward debt reduction or operational funding rather than dividend payments.

Dividend Status

Investors seeking income-generating ASX stocks should note that MIN does not currently pay dividends. The company’s current financial position, characterized by negative earnings and elevated leverage, suggests dividend payments are unlikely in the near term unless operational performance substantially improves.

Mineral Resources share price: key milestones and timeline

Understanding the trajectory of MIN shares requires examining significant price points and trading periods that have shaped current valuations.

  1. March 2026: Shares trading in the $55-$57 range with day-to-day volatility of 2-5%
  2. 52-Week High ($65.79): Represents the peak valuation achieved within the past year
  3. 2025 Performance: Stock appreciated 56.94% from $34.65 to $54.38 over the full calendar year
  4. FY2026 Performance: Remarkable 169.31% gain from $21.05 opening to current levels
  5. 52-Week Low ($14.05): Marks the lowest valuation during the comparison period
  6. Recent Monthly: 19.17% monthly appreciation reflects near-term momentum

Established facts versus areas of uncertainty

When evaluating MIN as an investment opportunity, distinguishing confirmed information from speculative assessments proves essential.

Established Information Areas of Uncertainty
ASX listing since 2006 Future commodity price direction
Current price range ($56-$64 across sources) Analyst consensus target prices vary widely ($15-$49)
Negative EPS (TTM): -4.63 AUD Timing of return to profitability
No dividend payment currently Debt restructuring or refinancing plans
Revenue FY: 4.47B AUD Impact of lithium market conditions on operations
Market capitalization ~AUD 8.30B Long-term growth strategy execution

Mineral Resources in market context

As a participant in the Basic Materials sector, Mineral Resources operates within a segment characterized by cyclical demand patterns and commodity price sensitivity. The company’s dual exposure to iron ore and lithium positions it differently from single-commodity miners, though both markets face distinct supply-demand dynamics.

Western Australian operations provide geographic concentration that offers both advantages—established infrastructure and experienced workforce—and risks including state-level regulatory changes and operational concentration. The integration of mining services with direct extraction creates operational flexibility but also introduces complexity in capital allocation. Those considering exposure to resources sector volatility may find it helpful to understand how Australian dollar movements might affect international investment returns.

Market capitalization of approximately AUD 8.30 billion places MIN among mid-to-large cap resources companies on the ASX, sufficient for inclusion in broader market indices and ensuring reasonable trading liquidity. The stock’s presence in the ASX 200 index ensures institutional monitoring and potential index-related buying or selling pressure.

Morningstar (December 2025): “Opportunity despite debt concerns; shares at discount with attractive long-term outlook in iron ore, lithium mining, and services (focused in Western Australia).”

Summary and investor considerations

Mineral Resources Limited represents a volatile resource sector investment with significant upside demonstrated through the 169.31% FY2026 gain, alongside substantial risks including negative earnings, debt obligations, and commodity price exposure. Current pricing varies across platforms ranging from $56.69 to $63.54, reflecting data latency differences. No dividend is currently paid, and analyst targets span an extremely wide range from $15 to $49, indicating genuine uncertainty about future performance.

For those interested in exploring currency conversion dynamics, additional resources provide relevant context for cross-border investment decisions when assessing Australian-listed securities.

Frequently asked questions

What does Mineral Resources Limited do?

Mineral Resources operates mining operations including iron ore and lithium extraction, provides crushing and screening services, and offers engineering and construction capabilities, all primarily concentrated in Western Australia.

When did Mineral Resources join the ASX?

The company listed on the Australian Securities Exchange in 2006 following the merger of several mining services firms.

Who founded Mineral Resources?

Chris Ellison founded the company and remains a significant shareholder and leader within the organization.

Is MIN a profitable company?

Current financials show negative earnings with basic EPS of -4.63 AUD and net income of -904M AUD for the fiscal year, despite substantial revenue of 4.47B AUD.

Does Mineral Resources pay dividends?

No dividend is currently paid. The company reports no dividend yield, which is consistent with the negative earnings position and likely cash preservation priorities.

What is the MIN stock price target?

Analyst targets range widely from $15 to $49 AUD, with no unified consensus rating. The divergence reflects differing views on commodity markets, debt levels, and growth prospects.

How volatile is the MIN share price?

The 52-week range spans $14.05 to $65.79, demonstrating extreme volatility. Recent daily movements of 2-5% are typical, making this a high-risk investment category.

What sector does Mineral Resources operate in?

The company operates in the Basic Materials sector, classified as mid-blend, with exposure to both iron ore and lithium mining alongside mining services operations.

Jack Carter Howard

About the author

Jack Carter Howard

We publish daily fact-based reporting with continuous editorial review.