Mineral Resources (ASX:MIN) Stock Crosses Above 200-Day Moving Average of $0.00

Mineral Resources Limited (ASX:MIN) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $15.45. Mineral Resources shares last traded at $15.39, with a volume of 1,126,846 shares trading hands.

The stock has a market cap of $2.81 billion and a PE ratio of 22.98. The company’s 50 day simple moving average is A$14.99. The company has a quick ratio of 0.85, a current ratio of 1.41 and a debt-to-equity ratio of 63.75.

In other news, insider Christopher Ellison bought 3,448 shares of the stock in a transaction on Wednesday, April 17th. The shares were purchased at an average cost of A$15.81 ($11.21) per share, for a total transaction of A$54,509.43 ($38,659.17). Also, insider Timothy Roberts 4,267 shares of Mineral Resources stock in a transaction that occurred on Wednesday, June 5th.

About Mineral Resources (ASX:MIN)

Mineral Resources Limited operates as a mining services and processing company in Australia, China, Singapore, and internationally. It operates through three segments: Mining Services and Processing, Mining, and Central. The company offers contract crushing, screening, and processing services on build-own-operate or build-operate basis for mining companies; mine services, including materials handling, plant and equipment hire, plant and equipment maintenance, tails recovery, and aggregate crushing; and design, engineering, and construction services in the resources sector.

Further Reading: How is the discount rate different from the Federal Funds rate?

Receive News & Ratings for Mineral Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mineral Resources and related companies with MarketBeat.com's FREE daily email newsletter.