Morgans sets AUD 65.00 target for Mineral Resources stock

Published on 10/15/2026 at 21:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bell Potter set AUD 63.00 on October 14, 2026. Mineral Resources stock costs EUR 27.55 on October 15, 2026, down 4.85 percent on ASX.

Analyst views and trading frame

On October 13, 2026, Morgans assigned Mineral Resources an AUD 65.00 price target.
Bell Potter set an AUD 63.00 target on October 14, 2026.
Mineral Resources stock costs EUR 27.55 at Lang & Schwarz on October 15, 2026 at 9:12 p.m. CEST, down 4.85 percent on the ASX versus the prior close.
Mineral Resources had market capitalization of AUD 8.7 billion on October 15, 2026.

Mineral Resources, AU000000MIN4, Illustration mit AI erstellt.

Mineral Resources (ISIN AU000000MIN4) received a Buy rating and an AUD 65.00 price target from Morgans on October 13, 2026, implying 46.46 percent upside from the ASX last price of AUD 44.38. According to Markets Insider, analyst Annabelle Sleeman upgraded the stock to Buy. Mineral Resources was trading at EUR 27.55 at Lang & Schwarz on October 15, 2026 at 9:12 p.m. CEST.

Bell Potter sets AUD 63.00 target

Bell Potter also kept a Buy rating and set an AUD 63.00 price target on October 14, 2026. The target is 41.99 percent above the ASX last price of AUD 44.38. Markets Insider also reported quarterly revenue of AUD 3.41 billion for the quarter ending June 30, 2026, compared with AUD 2.18 billion in the year-ago quarter.

Stock sits near its yearly low

Mineral Resources was last quoted at AUD 44.38 on the ASX on October 15, 2026 at 7:17 a.m. AEST, down 4.85 percent from AUD 46.64. The session range was AUD 44.14 to AUD 45.95, while volume reached 1,208,380 shares against an average of 1,148,264. The stock stood 9.58 percent above its 52-week low of AUD 40.50 and 40.77 percent below its 52-week high of AUD 74.94.

Valuation and market comparison

Mineral Resources had a market capitalization of AUD 8.7 billion and a P/E ratio of 8.31 on October 15, 2026. Its dividend yield was 0.02 percent. The next scheduled corporate date was not included in the investor calendar material reviewed for this report.

Comparison with peers

Mineral Resources: minus 4.85 percent, P/E 8.31, market capitalization AUD 8.7 billion.

Rio Tinto (ASX, AUD): minus 4.85 percent, P/E 12.20, market capitalization AUD 220.3 billion.

PLS Group (ASX, AUD): minus 6.31 percent, P/E 18.55, market capitalization AUD 9.6 billion.

Mineral Resources price after hours

The Lang & Schwarz quote was EUR 27.55 on October 15, 2026 at 9:12 p.m. CEST. On the ASX, Mineral Resources was last at AUD 44.38 on October 15, 2026 at 7:17 a.m. AEST, down 4.85 percent versus the prior close of AUD 46.64 on October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Mineral Resources stock.