MIN share price in focus
Mineral Resources Limited is a diversified Australian mining company focused on lithium and iron ore extraction across Western Australia.
MIN also provides mining and engineering services for external clients through its wholly-owned subsidiary, CSI Mining Services (CSI). Through CSI, Mineral Resources can provide capital infrastructure and operational expertise to clients across WA, Queensland, and the Northern Territory.
MIN aims to set itself apart from its competitors by maintaining in-house engineering and construction capability that grants full control and flexibility during product development.
TLS shares
Founded in 1975, Telstra is Australia’s largest telecommunications company by market share, with over 22.5 million retail mobile accounts as of 2023.
Telstra is responsible for building and operating telecommunications networks across Australia, offering a variety of services, including fixed broadband, mobile, data and IP, and digital media. In addition to its operations within Australia, Telstra has a presence in more than 20 countries, providing services to governments and businesses globally.
MIN share price valuation
One way to have a ‘quick read’ of where the MIN share price is could be to study something like dividend yield over time. This can give us a sense of the stability of the company and whether they can consistently pay out a percentage of profits.
Remember, the dividend yield is basically the ‘cash flow’ to a shareholder, but it can fluctuate year-to-year or between payments. Currently, Mineral Resources Ltd shares have a dividend yield of around 0.58%, compared to its 5-year average of 2.40%. In other words, MIN shares are trading lower than their historical average dividend yield. Be careful how you interpret this information though – it could mean that dividends have fallen, or that the share price is increasing, or both. In the case of MIN, we can see that last year’s dividend was less than the 3-year average, so the dividend has been falling.
TLS is offering a historical dividend yield of around 4.51%, which compares to its 5-year average of 3.62%. Of course, this is just one of many ways you could put a value on TLS shares. The Rask websites offer free online investing courses, created by analysts explaining valuation methods like Discounted Cash Flow (DCF) and Dividend Discount Models (DDM). They even include free valuation spreadsheets! It’s important to look at multiple methods when you’re trying to value the TLS share price.
