'Morning laptoprk, from $50 to $61. Some information below:
DISCLAIMER:RareEarths has been advised to use caution and discretion when postinginformation pertaining to articles by Motley Fool.https://www.********.au/2021/04/13/big-brokers-think-these-5-asx-shares-can-outperform-the-market/amp/
Kerry Sun | April 13, 2021 12:39pm
“Mineral Resources Limited (ASX: MIN)
‘Macquarie ratesMineral Resources as outperform and lifted its target price from $50 to $61. Mineral Resources shares are currently trading at $40.85.
‘The brokerlifted its lithium priceoutlook and expects Mineral Resources’ to begin producing lithium hydroxide inFY22.
‘Macquariebelieves that buoyant iron oreprices will support Mineral Resources in the near term while its entry intolithium production will drive medium to long term value.”
Link: https://www.*********.com.au/2021/03/30/min-macquarie-rates-the-stock-as-outperform/
“Mineral Resources has rights to new onshore exploration blocks inthe Perth Basin and Pilbara. The acquisitions form part ofthe plan to develop a fully integrated energy business to support the miningand processing operations.
‘Macquarie notes the company now boasts a large explorationportfolio and the drilling of the Lockyer Deep-1 well later this year is apotential catalyst.
‘Upgrade momentum remainsstrong along with the iron ore price and the broker maintains an Outperform rating.Target is $50.”
Published 3 weeksago on March 22, 2021
“Wonmunna Iron Ore Mine
The announcement of the mine’s maidenproduction comes only five months after Mineral Resources began breaking groundat the site.”
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Price($) | Vol. | No. |
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69.350 | 1977 | 3 |
69.440 | 2906 | 1 |
69.490 | 200 | 1 |
69.540 | 2906 | 1 |
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Change
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