Mineral Resources: Sell-off beyond lithium volatility

About the author:

Author name:

By Adrian Prendergast

Job title:

Senior Analyst

Date posted:

02 June 2023, 7:30 AM

Sectors Covered:

Mining, Energy

• Mineral Resources' (ASX:MIN) share price has remained under pressure from continuing China growth s, sensitive being mid investment/capex phase. And we do see some short-term risk with our FY23 earnings estimate sitting below consensus.
• Being the operator of the majority of its assets affords MIN the ability for optimal capex phasing, while some bears assume MIN might turn to equity.
• We maintain an ADD rating with a (login to view) target price.

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