Business
UBS unveils its latest ASX “buy” idea for 2021
The Mineral Resources Limited (ASX: MIN) share price is surging higher even as the ASX share market took a tumble.
Shares in the ASX miner jumped 2.1% to $33.40 in the last hour of trade when the S&P/ASX 200 Index (Index:^AXJO) tanked 1%.
Mind you, the MIN share price isn’t the only one making gains today. The Rio Tinto Limited (ASX: RIO) share price added 1.1% to $117.70 while the BHP Group Ltd (ASX: BHP) share price advanced 0.3% to a more than nine-year high of $43.41.
ASX miner is the latest “buy” rated stock
But it’s the Mineral Resources share price that’s in the spotlight on Friday after UBS initiated coverage on the stock with a “buy” recommendation.
It would appear that the stock is firing on all…
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