The basic sector has thirteen industries all related to mining, making and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; paper; gold; silver; specialty chemicals; steel.

Today I’m reviewing a mining resources company. It’s a mid-cap stock, Mineral Resources Limited. It’s trading ticker symbol is MALRF. 

Mineral Resources Ltd is a mining services and processing company in Australia, China, Singapore, and internationally. It has three segments: Mining Services & Processing, Mining, and Central. 

The company offers contract crushing, screening, and processing services on build-own-operate or build-operate basis for mining companies.

Further, it offers project management and delivery services for pipeline engineering and construction, mine dewatering systems and hydrocarbon management. 

Mineral Resources Limited was founded in 1993 and is headquartered in Applecross, Australia.

Three key data points measure dividend equities or funds like Mineral Resources Limited: 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money. 

MALRF Price

Mineral Resources’s price at yesterday’s market close was $13.87 per share. A year ago its price was $8.85. That is a gain of $5.02 per share in the past year.  

Assuming Mineral Resources’s price gains at the same pace this year, its price would grow from $13.87 to $18.89 by the end of March, 2019.

MALRF Dividends

Mineral Resources’s most recent variable semi-annual dividend was $0.1982 declared in February and paid March 8, 2018. 

The Mineral Resources estimated annual dividend for 2018 is estimated at $0.46 paid in two unequal portions in March and September.

The yield from that $0.46 annual dividend is 3.3% at yesterday’s $13.87 share price. 

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