Mineral Resources traded at 49.90 this Thursday October 1st, decreasing 2.39 or 4.57 percent since the previous trading session. Looking back, over the last four weeks, Mineral Resources lost 19.70 percent. Over the last 12 months, its price rose by 21.00 percent. Looking ahead, we forecast Mineral Resources to be priced at 51.36 by the end of this quarter and at 48.32 in one year, according to Trading Economics global macro models projections and analysts expectations.
Mineral Resources Ltd is an Australia-based mining services company. The Company owns a portfolio of mining operations across hard-rock lithium and iron ore. It provides mining services through CSI Mining Services and Process Minerals International (PMI). Its services include open pit mining, crushing, processing, supply chain services, port operations, site services and marketing and shipping. It operates mine sites in the Goldfields region of Western Australia, including Iron Valley, Koolyanobbing and Wodgina. Iron Valley and Koolyanobbing sites are focused on iron ore and Wodgina is focused on lithium. The Company also has a commodities portfolio located in the Yilgarn region in Western Australia. Its commodities portfolio includes iron ore, lithium and graphite.