This will be huge. Current projections for Gas have Min earning a ROIC of 50% in the 2026 year.
Plenty of good reasons to own MIN and not be distracted by an Iron Ore price that is still well above consensus long term estimated and a Lithium price which at some point will recover.
MIN will earn over 2.0bil of EBITDA at current Iron Ore prices and lithium prices with the services division. Not bad for a 9mil cap in a tough point of the cycle.
$100 share price, page-412
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Last
$44.81 |
Change
-1.570(3.39%) |
Mkt cap ! $8.805B | |||
| Open | High | Low | Value | Volume |
| $45.75 | $45.90 | $44.75 | $51.40M | 1.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47 | $44.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $45.00 | 5012 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| MIN (ASX) Chart |