Down 36% in 3 weeks, why is the Mineral Resources share price getting hammered again on Friday?
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If you thought the Mineral Resources Ltd (ASX: MIN) share price was due for a break today, think again.
Shares in the S&P/ASX 200 Index (ASX: XJO) lithium miner and diversified resources producer closed yesterday trading for $35.9. In early afternoon trade on Friday, shares are changing hands for $34.13 apiece, down 5.0%, with shares having traded as low as $33.23 in earlier trade.
It was only back on 7 October that the ASX 200 mining stock closed at $53.54 a share.
Meaning the Mineral Resources share price is now down a painful 36.2% over three trading weeks.
Here’s what looks to have investors favouring their sell buttons again today.
What’s pressuring the Mineral Resources share price?
ASX 200 investors…
