MIN News: The five-year decline in earnings for Mineral Resources ASX:MIN) isn't encouraging, but shareholders - 4th Oct 2023, 2:56pm

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Mineral Resources Limited (ASX:MIN) shareholders might be concerned after seeing the share price drop 12% in the last quarter. But over five years returns have been remarkably great. To be precise, the stock price is 308% higher than it was five years ago, a wonderful performance by any measure. So we don't think the recent decline in the share price means its story is a sad one. Of course what matters most is whether the business can improve itself sustainably, thus justifying a higher price.

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>>> Read more: The five-year decline in earnings for Mineral Resources ASX:MIN) isn't encouraging, but shareholders are still up 382% over that period
 
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