Shaw covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, South32, and Fortescue Metals Group Ltd. According to TipRanks, Shaw has an average return of -4.4% and a 48.45% success rate on recommended stocks.
Mineral Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of A$69.92.
Based on Mineral Resources Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$3.05 billion and a net profit of A$495 million. In comparison, last year the company earned a revenue of A$2.29 billion and had a GAAP net loss of A$809 million
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MALRF in relation to earlier this year.
