Is Mineral Resources Limited a Buy? The Stock Rises Again

 Is Mineral Resources Limited a Buy? The Stock Rises Again

The stock of Mineral Resources Limited (ASX:MIN) is a huge mover today! The stock increased 3.25% or $0.39 on November 18, hitting $12.4. About 1.58 million shares traded hands or 81.39% up from the average. Mineral Resources Limited (ASX:MIN) has risen 72.70% since April 22, 2016 and is uptrending. It has outperformed by 68.27% the S&P500.
The move comes after 7 months positive chart setup for the $2.17 billion company. It was reported on Nov, 18 by Barchart.com. We have $20.09 PT which if reached, will make ASX:MIN worth $1.35B more.

Another recent and important Mineral Resources Limited (ASX:MIN) news was published by Investingnews.com which published an article titled: “Pilbara Minerals Reaches Agreement With Mineral Resources” on October 25, 2016.

Mineral Resources Limited is a provider of mining infrastructure services in Australia. The company has a market cap of $2.17 billion. The Firm is engaged in the integrated supply of goods and services to the resource sector. It currently has negative earnings. The Firm operates in three divisions, which include Mineral Services and Processing, Mining, and Central.

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