Mineral Resources Regaining Growth Mandate, Says Bear -- Market Talk

Dow Jones05-22 12:23

0423 GMT - Mineral Resources is regaining its growth mandate as it earns back the trust of investors, say Jarden analysts Ben Lyons and Adam Bennett. The miner's operating execution and consistency have improved markedly under the refreshed board, say the analysts. They say disclosure has similarly improved, noting that managers were "willing to address granular questions on the site visit that we attended to Wodgina." The company appears to be striking "an appropriate balance" between maintaining what appears to be conservative guidance and highlighting potential high-return organic growth opportunities, they add. Jarden has a sell rating on the stock, but raises its target to A$27.00 from A$22.50. Shares are up 0.4% at A$69.53. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

May 22, 2026 00:23 ET (04:23 GMT)

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