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Are you looking to add some dividend shares to your portfolio this month? Then take a look at the ones listed below.

Both dividend shares have been tipped to grow their distributions over the coming years by analysts. Here’s what you need to know about them:

Bapcor Ltd (ASX: BAP)

The first ASX dividend share to look at is Asia Pacific’s leading provider of vehicle parts, accessories, equipment, service and solutions.

It has been growing at a solid rate over the last few years. This has been underpinned by its strong market position, growing store footprint, a favourable redirection in consumer spending, and robust demand for used cars.

And while FY 2022 is expected to be a touch subdued due to lockdowns and the cycling of strong sales in the prior corresponding period, the company has been tipped to pay an attractive dividend.

The team at Citi, for example, are forecasting fully franked dividends per share of 23 cents in FY 2022 and then 25 cents in FY 2023. Based on the current Bapcor share price of $6.79, this will mean yields of 3.4% and 3.7%, respectively.

Citi has a buy rating and $8.25 price target on the company’s shares.

Centuria Industrial Reit (ASX: CIP)

Another ASX dividend share to look at is Centuria Industrial. It is the largest domestic pure play industrial REIT with a portfolio of high-quality industrial assets situated in key metropolitan locations throughout Australia and underpinned by a quality and diverse tenant base.

Management notes that its portfolio is well positioned with an 89% weighing to Australia’s high performing eastern seaboard industrial markets and underpinned by strong tenant base. In respect to the latter, approximately 62% of portfolio income derived from occupants directly linked to the production, packaging and distribution of consumer staples, telecommunications and pharmaceuticals.

Macquarie is a fan of the company. Its analysts are forecasting dividends per share of 17.3 cents per share distribution in FY 2022 and an 18.7 cents per share distribution in FY 2023. Based on the current Centuria Industrial share price of $3.70, this will mean yields of 4.7% and 5%, respectively.

The broker has an outperform rating and $4.16 price target on its shares.

The post These ASX dividend shares have been tipped as buys this month appeared first on The Motley Fool Australia.

More reading

• 2 cheap ASX shares rated as buys by brokers in December 2021
• 2 buy-rated ASX dividend shares with growing yields
• Investing in ASX office, industrial and healthcare shares? Here’s the outlook for 2022
• Are these 2 top ASX shares beaten-up buys?
• 2 buy-rated ASX dividend shares with great yields

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Bapcor. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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On Friday the S&P/ASX 200 Index (ASX: XJO) finished a difficult week on a positive note. The benchmark index rose 0.2% to finish the week at 7,241.2 points.

Will the market be able to build on this on Monday? Here are five things to watch:

ASX 200 expected to rise

The Australian share market looks set to start the week on a mildly positive note. According to the latest SPI futures, the ASX 200 is expected to open the day 11 points or 0.15% higher this morning. This is despite a very red end to the week on Wall Street, which saw the Dow Jones fall 0.2%, the S&P 500 drop 0.85%, and the Nasdaq tumble 1.9%.

Oil prices mixed

Energy producers such as Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) will be on watch after oil prices had a mixed finish to the week. According to Bloomberg, the WTI crude oil price fell 0.35% to US$66.26 a barrel and the Brent crude oil price rose 0.3% to US$69.88 a barrel. This follows comments out of OPEC stating that it will act if demand weakens.

Quarterly rebalance

S&P Dow Jones Indices has announced the December quarterly rebalance of the S&P/ASX Indices. This has seen six changes to the ASX 200. This includes Kogan.com Ltd (ASX: KGN), Nearmap Ltd (ASX: NEA), and Redbubble Ltd (ASX: RBL) being dumped out of the index on 20 December.

Gold price storms higher

Gold miners Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could start the week on a very positive note after the gold price stormed higher on Friday night. According to CNBC, the spot gold price rose 1.3% to US$1,783.90 an ounce. COVID concerns and lower bond yields boosted demand for gold.

Metcash half year results

The Metcash Limited (ASX: MTS) share price will be one to watch on Monday when it releases its half year results. According to a note out of Ord Minnett, its analysts are expecting a net profit of $141 million for the six months. This is expected to allow the company to pay an interim dividend of 10.5 cents per share.

The post 5 things to watch on the ASX 200 on Monday appeared first on The Motley Fool Australia.

More reading

• These were the best performing ASX 200 shares last week
• These were the worst performing ASX 200 shares last week
• Here are the top 10 ASX shares today
• Is there hope for the Kogan (ASX:KGN) share price in the lead up to Christmas?
• These 3 ASX 200 shares are topping the volume charts this Friday

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Kogan.com ltd and Nearmap Ltd. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd and Nearmap Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re interested in gaining some exposure to the healthcare sector, then you may want to look at Healthco Healthcare and Wellness REIT (ASX: HCW) shares.

It is the latest addition to the Goldman Sachs conviction list with a buy rating and $2.56 price target.

This implies potential upside of ~15.5% for Healthco Healthcare and Wellness REIT shares over the next 12 months.

And with Goldman forecasting an attractive 3.3% dividend yield, the potential return stretches to almost 19%.

What is the Healthco Healthcare and Wellness REIT?

Healthco Healthcare and Wellness REIT owns a portfolio of healthcare and wellness assets predominantly on the eastern seaboard states.

Goldman Sachs believes it provides a good mix of defence plus offense given the external growth runway. In respect to defence, the broker notes that it has a weighted average lease expiry of ~9.4 years and strong tenant covenants in sub-sectors that are majority government-backed.

Whereas on the offense, the broker notes that the healthcare real estate sector in Australia is in its infancy, providing scope for a large runway for growth through acquisitions and ground up development.

Another reason Goldman is positive is its exposure to sub-sector mega trends.

It commented: “We believe the opportunity set for healthcare related assets is expansive and is underpinned by key mega trends within Australia: 1) Australia’s ageing population, 2) growing government expenditure, 3) technological improvements, and 4) the increasing consumption of health-related services. The company estimates an additional ~A$87bn of investment into healthcare property will be needed over the next 20 years, adding to the current ~A$218bn asset base.”

“We initiate coverage with a Buy (add to CL), given HCW’s strong balance sheet, attractive industry fundamentals and runway for external growth in its portfolio,” it concluded.

The post Goldman Sachs just added this ASX healthcare share to its conviction buy list appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to buy next week
• Where is the Christmas cheer for the Zip (ASX:Z1P) share price?
• What happened to the IAG (ASX:IAG) share price last month?
• 2 ASX dividend shares with 4% yields
• Why has the Fortescue (ASX:FMG) share price had such a lousy start to December?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

Here’s why brokers think investors ought to buy them next week:

GUD Holdings Limited (ASX: GUD)

According to a note out of Citi, its analysts have retained their buy rating and lifted their price target on this diversified products company’s shares to $15.70. The broker sees strategic value in GUD’s plan to acquire Auto Pacific Group. Citi notes that it provides exposure to the 4×4 growth sector and geographic diversity. The broker has upgraded its earnings per share estimates for FY 2023 and FY 2024 materially to reflect the deal. So much so, the broker estimates that GUD trades at 10x FY 2024 earnings. The GUD share price ended the week at $11.10.

Rio Tinto Limited (ASX: RIO)

Another note out of Citi reveals that its analysts have retained their buy rating and $115.00 price target on this mining giant’s shares. Citi continues to have a preference for Rio Tinto among the larger miners. This is due partly to its exposure to green aluminium. It highlights that Rio Tinto’s hydro powered Canadian smelters emit <4t CO2/t of production versus industry average of 11.5t. It expects this to provide a competitive advantage over peers as markets start to price carbon costs into valuations. It also notes that the company is looking to commercialise the ELYSIS smelting process to further reduce carbon intensity in the aluminium value chain. The Rio Tinto share price was fetching $95.52 at Friday’s close.

Superloop Ltd (ASX: SLC)

Analysts at Morgan Stanley have upgraded this telco’s shares to an overweight rating with a $1.45 price target. The broker believes Superloop is a turnaround story following a period of divestments and balance sheet repair. In addition, it notes that the company is aiming to double its revenue share in the telco market in the coming years. Morgan Stanley believes this is achievable thanks partly to its fibre network. The Superloop share price ended the week at $1.26.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

• These were the worst performing ASX 200 shares last week
• 5 ASX telco shares this expert loves right now
• Analysts say these are the ASX resources shares to buy now for big returns
• Did the Rio Tinto (ASX:RIO) share price start a recovery in November 2021?
• Why API, Chalice Mining, GUD, and Worley shares are charging higher

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended SUPERLOOP FPO. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Zip Co Ltd (ASX: Z1P) share price is not having a strong start to the festive season.

In the first few days of the month, Zip has dropped more than 6%. Over the past month the Zip share price has plunged 22%.

In-fact, it has been a steady decline for Zip since 20 October 2021 – it has fallen by 32%.

What’s happening to the Zip share price?

After hitting a high of almost $14 earlier this year, it has dropped by more than two thirds.

The business has continued to report growth. Only sellers would know why they are accepting a much lower price than earlier this year.

Some brokers are seeing some negative impacts for Zip.

For example, Macquarie Group Ltd (ASX: MQG) analysts note that both US and Australian growth rates were slowing down, with the US possibly affected by Zip rebranding from Quadpay to Zip. The three months to 31 December 2021 will be telling for ongoing growth considering it includes the important trading periods like Christmas, Black Friday and Cyber Monday.

UBS referred to the recent Payments System Board comments on buy now, pay later surcharges. The board said:

The Board has also concluded that it would be in the public interest for ‘buy now, pay later’ providers to remove their no-surcharge rules, consistent with the Board’s longstanding position on such rules. Given the complexity of the regulatory issues, the Bank will continue engaging with the Treasury on regulatory approaches.

The broker thinks this is a bad thing for the Zip share price.

Recent growth

Despite those negatives, Zip does continue to report a high level of growth.

For the three months to September 2021, quarterly revenue grew 89% year on year to $136.8 million on the back of transaction volume growth of 101% year on year to $1.9 billion.

Customer numbers grew 82% to 8 million and merchants on the platform jumped 71% to 55,200.

The business continues to seek international growth through acquisitions. One of its latest moves is expansion into India with an investment in ZestMoney.

ZestMoney is one of the largest and fastest growing buy now, pay later platforms in India with more than 11 million registered users, more than 10,000 online merchants and a presence in 75,000 physical stores.

Zip also reported that in Australia its arrears went from 0.91% at 30 September 2020 to 1.87% at 30 September 2021.

As well as India, it’s now looking to expand in Mexico, Canada and the Middle East.

Is the Zip share price good value?

Both Macquarie and UBS rate Zip as a sell. But the Zip share price has fallen so much that their price targets of $5.70 and $5.40 are both more than 10% higher than where it is now.

Other broker price targets from different price targets imply a high level of potential growth. For example, Morgans has a price target of $8.56, which is more than 70% higher than today.

The post Where is the Christmas cheer for the Zip (ASX:Z1P) share price? appeared first on The Motley Fool Australia.

More reading

• Here are 6 of the worst performing ASX shares of November
• The Zip (ASX:Z1P) share price fell 20% in November and now trades at a 52-week low
• These were the 5 worst performing ASX 200 shares in November
• These are the 10 most shorted ASX shares
• Down 20% in a month: Is the Zip (ASX:Z1P) share price too cheap to ignore?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended ZIPCOLTD FPO. The Motley Fool Australia has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Insurance Australia Group Ltd (ASX: IAG) share price edged lower in November, striking pain again for shareholders.

The company kept relatively quiet over the month with the last price-sensitive release coming at the beginning of November.

The insurance giant’s shares travelled around 8% lower for the month. However, on Friday, the company clawed back some of those losses to post a 1.59% gain. As at market close on Friday, the IAG share price is $4.47.

What’s the latest with IAG?

With the company not making any new announcements since its trading update, investors have continued to weigh down IAG shares.

The company revealed that it is expecting a significant rise in net natural perils claim costs for FY22. Severe storm and hail activity experienced in South Australia and Victoria during October were being blamed for the increased costs.

In total, net natural perils claim costs for the current financial year is forecast to be around $1,045 million. This is a hefty amount from the company’s previous estimates of $765 million. It is worth noting that this includes $510 million for perils events for the remainder of the financial year.

The seasonally unexpected claims made year to date has forced IAG to downgrade its FY22 insurance margin guidance.

As such the company is forecasting an insurance margin guidance range of between 10% to 12%. Previously, the insurance margin level stood in the 13.5% to 15.5% range. Inflationary pressure on claims costs in the company’s motor and home portfolios were partly offset by lower vehicle claims.

Undoubtedly, the concerning update affected IAG shares, falling 7% on the day of the release alone. And since 9 November, its shares have mostly featured in the red, with a number of days recording consecutive losses.

While still trying to navigate its way through the tough trading conditions, IAG shares at trading at near multi-year lows.

IAG share price recap

Over the last 12 months, the IAG share price has lost around 15%, with year to date down 5%. The company’s shares have fallen 60% since July 2019, with heavy losses attributed to the COVID-19 pandemic.

Based on today’s price, IAG presides a market capitalisation of roughly $10.84 billion, with approximately 2.47 billion shares on issue.

The post What happened to the IAG (ASX:IAG) share price last month? appeared first on The Motley Fool Australia.

More reading

• Own IAG (ASX: IAG) shares? Here’s why the company is facing a shareholder class action
• With the IAG (ASX:IAG) share price trading around decade-lows, is now the time to buy?
• November hasn’t been a great month so far for the IAG (ASX:IAG) share price
• Is the IAG (ASX:IAG) share price set to outperform? Here’s what Motley Fool Australia analyst Drew Flowers says
• Why is the IAG (ASX:IAG) share price rising for the first time in 7 days?

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Insurance Australia Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re looking to boost your income with some dividend shares, then you might want to consider the ones listed below.

Both dividend shares are expected to provide investors with attractive yields in the near term. Here’s what you need to know about them:

BWP Trust (ASX: BWP)

The first ASX dividend share to look at is this commercial property company. BWP has a focus on warehouses, with vast majority of its properties leased to Bunnings Warehouse. In fact, the company is the largest owner of the hardware giant’s properties.

BWP has been a positive performer during the pandemic thanks largely to the strength of the Bunnings business. The retailer’s strong performance has allowed BWP to collect rent largely as normal and underpinned a notable increase in the value of its properties.

In FY 2021, BWP paid an 18.29 cents per unit distribution. Management advised that it plans to pay a similar distribution in FY 2022. Based on the current BWP share price of $4.14, this will mean a 4.4% dividend yield.

Rural Funds Group (ASX: RFF)

Another ASX dividend share to look at is this agricultural real estate investment trust (REIT).

Rural Funds owns a diversified portfolio of Australian agricultural assets which are leased to large industry players including Select Harvests Limited (ASX: SHV) and Treasury Wine Estates Ltd (ASX: TWE).

The company has also just added to its portfolio through the acquisition of a number of cattle and cropping properties in Queensland. Management notes that these are consistent with its strategy of acquiring assets with potential for productivity improvements, in agricultural sectors in which it has operating experience and Australia has a comparative advantage.

In FY 2022, the company intends to increase its dividend by its annual target rate of 4% to 11.73 cents per share. Based on the current Rural Funds share price of $2.90, this represents a yield of 4%.

The post 2 ASX dividend shares with 4% yields appeared first on The Motley Fool Australia.

More reading

• 2 quality ASX dividend shares with attractive yields
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended RURALFUNDS STAPLED. The Motley Fool Australia has recommended Treasury Wine Estates Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Fortescue Metals Group Limited (ASX: FMG) share price had a disappointing run in the first few days of December.

Since the beginning of the month, the iron ore producer’s shares have tumbled by almost 5% in value. This puts the company as one of the weaker performers on the S&P/ASX 200 Index (ASX: XJO).

At Friday’s market close, Fortescue shares finished the day down a further 0.87% to $17.10.

What’s happened to Fortescue?

There are a number of reasons Fortescue shares have sunk in recent times.

The price of iron ore dropped after a mini bull run, reaching US$103.17 a tonne at the end of November. At current, the steel-making ingredient is trading at US$101.82, a fall of 1.63% for the first 5 days of this month.

Chinese lawmakers introduced new rules for its steel producers in an effort to curb reliance on Australian iron ore. Steel mills were instructed to limit 2021 output to no more than 2020 levels, or face harsh consequences.

As such, China wants its steel industry to halt iron ore production at around 1 billion tonne for 2021. This has led the price of iron ore to shrink from its lofty highs above the US$200 mark earlier this year.

Furthermore, Fortescue could suffer particularly more than its peers as it produces a lower grade of iron ore. Steel producers prefer higher quality iron ore, which miners Rio Tinto Limited (ASX: RIO) and BHP Group Ltd (ASX: BHP) supply. Consequently, this puts a squeeze on Fortescue’s margins.

A number of brokers have weighed in on the Fortescue shares following the company’s September quarterly production report.

Goldman Sachs cut its price target by 3.5% to $11, while analysts at Credit Suisse reduced their rating by 33% to $14.

Based on the current Fortescue share price, this implies a downside of 35% and 18%, respectively.

About the Fortescue share price

Over the past 12 months, Fortescue shares have declined around 15% in value. However, when looking at year to date, its losses have declined by 30% for the period.

Fortescue commands a market capitalisation of roughly $53.11 million and has over 3 billion shares on its registry.

The post Why has the Fortescue (ASX:FMG) share price had such a lousy start to December? appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to sell next week
• 5 best ASX 200 resource shares to hold in November
• The Fortescue (ASX:FMG) share price hit by broker downgrade
• The Fortescue (ASX:FMG) share price jumped 22% in November
• These were the 5 best performing ASX 200 shares in November

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

Three sell ratings that investors might want to hear about are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

AMP Ltd (ASX: AMP)

According to a note out of UBS, its analysts have retained their sell rating and trimmed their price target on this financial services company’s shares to 90 cents. UBS made the move to reflect AMP’s demerger plans. The broker isn’t positive on PrivateMarketsCo’s outlook, nor that of the core AMP business, and doesn’t believe the demerger will unlock near-term value for shareholders. The AMP share price ended the week at 94.5 cents.

Fortescue Metals Group Limited (ASX: FMG)

A note out of Morgan Stanley reveals that its analysts have retained their underweight rating and $11.95 price target on this iron ore miner’s shares. Although the broker acknowledges that Vale’s softer production outlook is a positive for the iron ore market and particularly the low grade side, it isn’t enough for a change of rating just yet. The Fortescue share price was fetching $17.10 at the end of the week.

Woolworths Group Ltd (ASX: WOW)

Analysts at Credit Suisse have retained their underperform rating and $31.84 price target on this retail conglomerate’s shares. The follows news that the company is aiming to acquire pharmacy chain operator Australian Pharmaceutical Industries (ASX: API). Credit Suisse has a few concerns over the plan and highlights that Woolworths hasn’t the strongest past when it comes to portfolio expansion. The Woolworths share price was trading at $39.59 on Friday.

The post Top brokers name 3 ASX shares to sell next week appeared first on The Motley Fool Australia.

More reading

• Could this be a fly in the ointment for Woolworths’ (ASX:WOW) push into healthcare?
• Can Wesfarmers (ASX:WES) win the battle to take over API?
• 5 best ASX 200 resource shares to hold in November
• Are AMP (ASX:AMP) shares priced as though ‘the situation is worse than it is’?
• Top brokers name 3 ASX shares to sell today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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November brought gains for many ASX 200 mining and resources shares, but not all stocks can top the charts.

Over the course of last month, the S&P/ASX 200 Resources Index (ASX XJR) gained 4.03% while the S&P/ASX 200 Materials Index (ASX: XMJ) soared 6.16%.

Unfortunately, where there are winners there must also be losers. Here are the 5 worst performing ASX 200 resources and mining shares of November 2021.

November’s worst performing ASX 200 mining and resources shares

Perenti Global Ltd (ASX: PRN) – down 19.61%

Interestingly, November was quiet for the worst ASX 200 mining or resource share of the month.

The only time the market heard price-sensitive news from this mining services company was on 5 November, when it asserted that media speculation it was involved in merger and acquisition activities was false.

While the Perenti share price surged 2.6% that day, the rest of the month wasn’t nearly as fruitful.

Perenti’s stock finished the month trading at 82 cents, 20 cents lower than where it ended the month prior.

Resolute Mining Limited (ASX: RSG) – down 14.29%

Gold miner Resolute Mining also had a poor month’s performance.

While the company remained silent during November, the market bided its share price from 42 cents down to 36 cents.

Last month was rocky for the price of gold too. According to data from CNBC, the yellow metal’s value increased 4.8% between the end of October and 17 November, before falling 4.9% to end November at US$1,776.50 an ounce.

Regis Resources Limited (ASX: RRL) – down 10%

It’s a similar story for fellow gold producer Regis Resources, though, the company did release news to the market in November.

Its share price slid when it provided investors with a seemingly positive biannual exploration update, wherein it detailed works at its Duketon and Tropicana projects.

The Regis Resources share price fell from $2 to $1.80 last month.

Alumina Limited (ASX: AWC) – down 9.55%

The Alumina share price also suffered, though the company didn’t release any news.

However, according to analysis by Capital.com, the price of aluminium slumped over much of November, potentially taking the aluminium producer’s shares with it.

At the end of October, the company’s shares were going for $1.99 a piece. Come the end of November, they were trading at $1.80.

Iluka Resources Limited (ASX: ILU) – down 8.3%

A last-minute gain wasn’t enough to save the Iluka Resources share price from getting on this list. It’s scrapped in as the fifth worst performing ASX mining or resource share.

The company’s stock gained 2.8% on 30 November when it announced inaugural mineral resource estimates for two of its Wimmera heavy mineral deposits.

Still, it ended the month trading at $8.62, 78 cents lower than it ended the month prior.

The post These were the 5 worst performing ASX 200 mining and resource shares of November appeared first on The Motley Fool Australia.

More reading

• These were the worst performing ASX 200 shares last week
• 5 things to watch on the ASX 200 on Thursday
• Why Nuix, Resolute, Talga, and Vection shares are falling today
• 5 things to watch on the ASX 200 on Thursday
• Regis Resources (ASX:RRL) share price falls despite upbeat exploration update

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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