Business
Strong growth potential for Mineral Resources (ASX:MIN) share price: fundie
Mineral Resources Limited (ASX: MIN) shares have soared 111% higher so far in 2020. And this is no mining minnow we’re talking about. Based on the current Mineral Resources share price, the company has a market capitalisation of $6.6 billion.
Though slipping today, down 1% in afternoon trading, Mineral Resources shares hit a new all-time high yesterday, closing at $35.07. That’s a remarkable 176% higher than the $12.71 per share the stock was trading at on 23 March following the COVID-19 market panic.
Yet despite that meteoric rise, Montgomery Lucent Investment Management’s Dominic Rose sees strong growth potential ahead.
We’ll look at why below. But first…
What does Mineral Resources do?
Mineral Resources is a mining…
-
Noosa News13 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General19 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News19 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News19 hours agoDetectives continue to search for answers on Crystal Beale’s death