3 Stocks up on ASX 200 Index - MIN, ALG And ORI

3 min read | December 17, 2018 05:01 AM EST | By Team Kalkine Media

Mineral Resources Limited (ASX:MIN) – The company’s EBITDA guidance is between A$280 million to $320 million for FY 2019. The company is focused on safety, and it is fundamental to its future success. The company reported decent financial performance with a return on invested capital of 18.3% with increasing net assets of $1.30 billion which is up by 15%. The diluted earnings per share are up by 35% which is 145.3 cps following which the dividend declared was at 65 cps up by 20% on the corresponding previous period. It has a decent P/E of 9.840 and EPS of 1.453 AUD among the peer group. The stock price surged up by 10.559% or $1.150 and traded at $15.810. The company has witnessed a return of 5.85% in the last one-month period.Â

Ardent Leisure Group (ASX:ALG) – The comprehensive loss of the company for the financial period, after providing for income tax amounted to $294,781 in 2010 as compared to 2009 loss of $238,174. The company currently has $1,521,666 in cash assets with which the directors believed that it puts the company in a sound financial position with enough capital to effectively explore its tenements and pursue other resource-based opportunities. The cash and cash equivalents were of $1,521,666 as at 2010 and no debt representing decent balance sheet. After 2010 no results have been announced. The stock price surged up by 2.632% or $0.040 and traded at $1.560. The company has witnessed a return of 5.56% in the last one-week period.

Orica Ltd (ASX:ORI) – To offset challenges experienced in the first half, resulting in a decline in earnings despite a strong improvement in earnings in the second half of 2018, the revenue growth was not enough. The company’s NPAT was a loss of $48 million which includes individually significant items of $372 million. Indicative of the company’s underlying health and trajectory, the Board believes is the improved performance in the second half of the year. Net Profit After Tax was $324 million, down 16% on the corresponding prior period. The stock price surged up by 3.479% or $0.580 and traded at $17.250. The company has witnessed a return of -1.19% in the last one-week period.


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