Deterra Royalties Ltd (ASX: DRR) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
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1 Year Return
Deterra Royalties Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$1.98 billion
P/E Ratio
12.75
Dividend Yield
7.85%
Shares Outstanding
528.81 million
Earnings per share
0.293
Dividend per share
0.29
Year To Date Return
-23.66%
Earnings Yield
7.84%
Franking
100%
Share Price
Day Change
52 Week Range
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Yesterday's Close
Today's Open
Days Range
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Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Deterra Royalties Ltd (ASX: DRR)
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Frequently Asked Questions
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Yes, Deterra has historically paid two fully franked shareholder dividends a year.
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Deterra generally pays its shareholder dividends in March and September.
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Deterra Royalties Ltd listed on the ASX on 23 October 2020.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 27 Aug 2024 | $0.1440 | 100.00% | Final | 24 Sep 2024 |
| 22 Feb 2024 | $0.1489 | 100.00% | Interim | 21 Mar 2024 |
| 22 Aug 2023 | $0.1685 | 100.00% | Final | 19 Sep 2023 |
| 24 Feb 2023 | $0.1200 | 100.00% | Interim | 23 Mar 2023 |
| 25 Aug 2022 | $0.2208 | 100.00% | Final | 21 Sep 2022 |
| 11 Mar 2022 | $0.1168 | 100.00% | Interim | 31 Mar 2022 |
| 02 Sep 2021 | $0.1152 | 100.00% | Final | 22 Sep 2021 |
| 16 Mar 2021 | $0.0245 | 100.00% | Interim | 31 Mar 2021 |
DRR ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Deterra Royalties Ltd
Deterra Royalties Ltd (ASX: DRR) manages a portfolio of mining royalty assets. The company was spun out of Iluka Resources Ltd (ASX: ILU) in October 2020 with Iluka retaining a 20% interest.
Its primary income-generating asset is a royalty covering iron ore produced by BHP from royalty Mining Area C, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024.
The royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop over the longer term as part of its plan to operate the production hub for at least 50 years.
Deterra also manages smaller royalties including Yoongarillup/Yalyalup, Wonnerup, Eneabba, and St Ives in Western Australia. The company's portfolio covers bulks, base metals, and battery metals. It plans to further diversify its royalty holdings.
DRR Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 20 Dec 2024 | $3.74 | $0.01 | 0.27% | 2,238,930 | $3.72 | $3.76 | $3.71 |
| 19 Dec 2024 | $3.73 | $-0.08 | -2.10% | 1,248,715 | $3.75 | $3.79 | $3.73 |
| 18 Dec 2024 | $3.81 | $-0.05 | -1.30% | 1,147,088 | $3.87 | $3.87 | $3.81 |
| 17 Dec 2024 | $3.86 | $0.01 | 0.26% | 2,067,314 | $3.84 | $3.89 | $3.82 |
| 16 Dec 2024 | $3.85 | $-0.04 | -1.03% | 1,979,145 | $3.84 | $3.89 | $3.81 |
| 13 Dec 2024 | $3.89 | $-0.02 | -0.51% | 1,367,788 | $3.89 | $4.02 | $3.88 |
| 12 Dec 2024 | $3.91 | $-0.03 | -0.76% | 811,651 | $3.92 | $3.97 | $3.89 |
| 11 Dec 2024 | $3.94 | $-0.06 | -1.50% | 721,640 | $3.94 | $4.01 | $3.94 |
| 10 Dec 2024 | $4.00 | $0.15 | 3.90% | 1,789,120 | $3.98 | $4.08 | $3.98 |
| 09 Dec 2024 | $3.85 | $-0.04 | -1.03% | 903,851 | $3.85 | $3.87 | $3.79 |
| 06 Dec 2024 | $3.89 | $-0.02 | -0.51% | 1,074,869 | $3.88 | $3.94 | $3.87 |
| 05 Dec 2024 | $3.91 | $0.02 | 0.51% | 1,073,551 | $3.90 | $3.94 | $3.87 |
| 04 Dec 2024 | $3.89 | $0.03 | 0.78% | 785,586 | $3.85 | $3.90 | $3.83 |
| 03 Dec 2024 | $3.86 | $0.09 | 2.39% | 1,460,915 | $3.79 | $3.86 | $3.78 |
| 02 Dec 2024 | $3.77 | $0.02 | 0.53% | 850,298 | $3.77 | $3.78 | $3.74 |
| 29 Nov 2024 | $3.75 | $0.03 | 0.81% | 1,067,162 | $3.69 | $3.75 | $3.69 |
| 28 Nov 2024 | $3.72 | $0.03 | 0.81% | 1,048,305 | $3.70 | $3.74 | $3.70 |
| 27 Nov 2024 | $3.69 | $0.04 | 1.10% | 770,925 | $3.67 | $3.71 | $3.65 |
| 26 Nov 2024 | $3.65 | $-0.01 | -0.27% | 1,055,603 | $3.74 | $3.74 | $3.63 |
| 25 Nov 2024 | $3.66 | $0.02 | 0.55% | 1,529,886 | $3.66 | $3.71 | $3.64 |
| 22 Nov 2024 | $3.64 | $0.00 | 0.00% | 857,500 | $3.68 | $3.72 | $3.64 |
| 21 Nov 2024 | $3.64 | $0.00 | 0.00% | 741,585 | $3.68 | $3.73 | $3.64 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 28 Nov 2024 | Jennifer (Jenny) Seabrook | Buy | 10,000 | $37,093 |
On-market trade.
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| 29 Oct 2024 | Julian Andrews | Issued | 219,644 | $828,057 |
Issue of securities.
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| 24 Sep 2024 | Jennifer (Jenny) Seabrook | Buy | 2,839 | $10,078 |
Dividend Reinvestment Plan (DRP).
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| 24 Sep 2024 | Jennifer (Jenny) Seabrook | Buy | 1,013 | $3,596 |
Dividend Reinvestment Plan (DRP).
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| 05 Sep 2024 | Jennifer (Jenny) Seabrook | Buy | 4,000 | $13,541 |
On-market trade.
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| 21 Aug 2024 | Julian Andrews | Expiry | 95,550 | $367,867 |
As advised by the company. lAPSED, 556,570 rIGHTS
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| 21 Aug 2024 | Julian Andrews | Issued | 43,929 | $169,126 |
Issue of securities. 600,499 Rights
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| 21 Aug 2024 | Julian Andrews | Buy | 38,012 | $146,346 |
On-market trade.
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| 20 Jun 2024 | Graeme Devlin | Buy | 15,000 | $62,100 |
On-market trade.
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| 20 Jun 2024 | Jason Neal | Buy | 23,000 | $95,696 |
On-market trade.
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| 19 Jun 2024 | Jennifer (Jenny) Seabrook | Buy | 16,224 | $66,762 |
On-market trade.
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| 08 Mar 2024 | Julian Andrews | Sell | 5,050 | $25,351 |
As advised by the company. Cessation of indirect interest following
distribution of 5,050 ordinary fully paid shares held on trust to beneficiary. |
| 24 Jan 2024 | Jennifer (Jenny) Seabrook | Sell | 24,000 | $127,680 |
As advised by the company. Lapse of power of attorney
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| 24 Jan 2024 | Jennifer (Jenny) Seabrook | Issued | 8,000 | $42,560 |
As advised by the company. grant of probate
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Ms Jennifer (Jenny) Anne Seabrook | Non-Executive ChairmanNon-Executive Director | Jun 2020 |
Ms Seabrook brings over 30 years of corporate experience across capital markets, mergers and acquisitions and accounting advisory roles and several non-executive directorships for listed, unlisted and federal and state government corporations. Ms Seabrook is currently the Chair of BGC Australia Group of Companies and a Non-Executive Director and Chair of the Audit Committee for HBF Health Limited. She is Chair of Sustainability Committee and also a member of Risk, Governance and People & Performance Committee.
|
| Ms Adele Stratton | Non-Executive Director | Jun 2020 |
Ms Stratton brings finance, operations and commercial experience to Deterra. As Chief Financial Officer and Head of Development at Iluka Resources Limited, she has over 20 years of experience working in both professional practice and public listed companies, including KPMG and Rio Tinto. She is also a member of the Governance, Sustainability and People & Performance Committee.
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| Mr Julian Andrews | Chief Executive OfficerManaging Director | Jun 2020 |
Mr Andrews experience spans over 25 years in broad project finance, capital raising and mergers and acquisitions across the mining, energy and chemicals industry landscape. Mr Andrews was Head of Strategy, Planning and Business Development at Iluka Resources and previously held various roles at Wesfarmers, including General Manager Business Development and Chief Financial Officer in Wesfarmers Chemicals, Energy & Fertilisers division.
|
| Mr Graeme Devlin | Non-Executive Director | Oct 2020 |
Mr Devlin brings varied set of experiences from his business development, operational, investment evaluation and structured finance roles within BHP Group, Rio Tinto and CRA Limited. He served as BHP's head of acquisitions and divestments from 2009 to 2016. He is the Chair of Risk and Governance Committee and also a member of Sustainability and People & Performance Committee.
|
| Mr Jason Neal | Non-Executive Director | Nov 2022 |
Mr Neal is a Founding Partner of Whetstone Resources, an active private acquisition company and serves as Lead Director of G Mining Ventures. He served as Executive Vice President at Kirkland Lake Gold and President & Chief Executive Officer of TMAC Resources Inc., both of which have been merged into Agnico Eagle to create the third largest global gold producer. Mr. Neal had a 21 years of investment banker career with BMO Capital Markets, where he served as Co-Head and Managing Director of the Global Metals and Mining Group. He is the Chair of People & Performance Committee and also a member of Risk, Governance, and People & Performance Committee.
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| Ms Bronwyn Kerr | Company SecretaryGeneral Counsel | Nov 2021 |
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| Mr Jason Clifton | Chief Financial OfficerJoint Company Secretary | Dec 2023 |
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| Ben Van Heurck | Business Development Analyst |
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| Sruti Simon | Business Development Analyst |
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| Jason Clifton | Chief Financial OfficerJoint Company Secretary |
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| Adrian Stone | Chief Technical Advisor Business Development |
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| Bronwyn Kerr | Company SecretaryGeneral Counsel |
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| Vanessa Pereira | Executive Assistant & Office Manager |
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| Li Li | Financial Controller |
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| Brendan Ryan | Head of Corporate Development |
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| James Thomson | Senior Resource Geologist |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 146,664,536 | 27.74% |
| Iluka Resources Limited | 105,692,420 | 19.99% |
| J P Morgan Nominees Australia Pty Limited | 94,881,893 | 17.95% |
| Citicorp Nominees Pty Limited | 64,913,142 | 12.28% |
| National Nominees Limited | 10,297,240 | 1.95% |
| BNP Paribas Nominees Pty Ltd <Agency Lending A/C> | 6,712,121 | 1.27% |
| BNP Paribas Noms Pty Ltd | 5,212,854 | 0.99% |
| UBS Nominees Pty Ltd | 4,909,368 | 0.93% |
| BNP Paribas Nominees Pty Ltd <HUB24 Custodial Serv Ltd> | 2,597,530 | 0.49% |
| Neweconomy Com Au Nominees Pty Limited <900 Account> | 2,058,599 | 0.39% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 1,273,373 | 0.24% |
| Citicorp Nominees Pty Limited <Colonial First State Inv A/C> | 1,186,384 | 0.22% |
| HSBC Custody Nominees (Australia) Limited i | 1,138,443 | 0.22% |
| Netwealth Investments Limited <Wrap Services A/C> | 1,114,735 | 0.21% |
| BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> | 1,095,372 | 0.21% |
| R O Henderson (Beehive) Pty Ltd | 1,080,000 | 0.20% |
| BNP Paribas Noms (NZ) Ltd | 567,274 | 0.11% |
| Carlton Hotel Limited | 502,308 | 0.10% |
| Mr Angus Mackay | 481,250 | 0.09% |
| Netwealth Investments Limited <Super Services A/C> | 472,326 | 0.09% |
