Mineral Resources stock: Bell Potter cuts target to AUD 63.00 for Mineral Resources stock
Published on 10/22/2026 at 21:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBell Potter target cut
- Bell Potter cut its Mineral Resources target from AUD 75.00 to AUD 63.00 on October 14, 2026.
- Mineral Resources will hold its annual meeting on November 18, 2026.
- Mineral Resources stock costs EUR 27.45 at Lang & Schwarz on October 22, 2026 at 9:37 p.m. CEST.
- Mineral Resources has an AUD 8.7 billion market capitalization and an 8.29 price-to-earnings ratio.
Mineral Resources (ISIN AU000000MIN4) saw Bell Potter cut its 12-month target from AUD 75.00 to AUD 63.00 on October 14, 2026, as reported by Motley Fool Australia. The stock was trading at EUR 27.45 at Lang & Schwarz on October 22, 2026 at 9:37 p.m. CEST.
Target cut sets the tone
The revised AUD 63.00 target followed an AUD 75.00 target and came with a reiterated Buy rating, according to Motley Fool Australia. Bell Potter also pointed to the expected completion of the US$765 million MIN-POSCO lithium transaction during the current half, while describing the mining services platform as a recurring earnings stream.
That combination gives investors two numbers to weigh. The AUD 12.00 reduction in the target is measured against a company that operates across mining services, iron ore and lithium, so the valuation discussion remains tied to execution as well as commodity exposure.
Stock position and valuation
Mineral Resources last traded at AUD 44.25 on the ASX on October 22, 2026, after a previous close of AUD 45.34. Its 52-week range was AUD 40.50 to AUD 74.94, putting the latest ASX price AUD 4.25 above the low and AUD 30.69 below the high. Trading volume reached 1,512,731 shares.
The company's market capitalization was AUD 8.7 billion, its price-to-earnings ratio was 8.29 and its trailing dividend yield was 2.00 percent as of October 22, 2026. Those figures place the target reduction alongside a valuation that is lower than the peer multiples listed below.
What dates matter next?
Mineral Resources will hold its annual general meeting on November 18, 2026, at 9:30 a.m. AWST, according to the company's investor notice. MarketScreener's calendar lists October 23, 2026 as the next publication date for first-quarter 2027 results, giving the market a near-term reporting marker.
Comparison with peers
Mineral Resources: P/E 8.29, market capitalization AUD 8.7 billion.
BHP Group (ASX, AUD): down 2.41 percent, P/E 20.76, market capitalization AUD 290.4 billion.
Rio Tinto Group (ASX, AUD): down 1.47 percent, P/E 11.38, market capitalization AUD 217.1 billion.
Price remains the immediate marker
The Bell Potter target is AUD 18.75 above the latest ASX price, while the November 18 meeting provides the next dated corporate milestone. Mineral Resources was trading at EUR 27.45 at Lang & Schwarz on October 22, 2026 at 9:37 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Mineral Resources stock.
Mineral Resources market facts
- Company: Mineral Resources Limited
- ISIN: AU000000MIN4
- Ticker: MIN
- Primary exchange: ASX
- Price Lang & Schwarz (as of October 22, 2026, 9:37 p.m. CEST): EUR 27.45
- Market capitalization: AUD 8.7 billion (as of October 22, 2026)
- 52-week range: AUD 40.50-74.94 (as of October 22, 2026)
- Sector / Industry: Basic Materials / Industrial Materials
- Index membership: S&P/ASX 200
- Next earnings date: October 23, 2026
Market context: Market report S&P/ASX 200.
