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Minerals 260 Limited ( (AU:MI6) ) just unveiled an update.
Minerals 260 Limited has acquired the Bullabulling Gold Project for AUD$166.5 million, with plans to leverage significant historical work to target first production by 2028. The company is actively continuing exploration efforts, with a Mineral Resource Estimate update planned for 2026, and aims to establish a Maiden Ore Reserve by mid-2026, which could significantly impact its market positioning as a major player in the gold mining sector.
The most recent analyst rating on (AU:MI6) stock is a Buy with a A$0.57 price target. To see the full list of analyst forecasts on Minerals 260 Limited stock, see the AU:MI6 Stock Forecast page.
More about Minerals 260 Limited
Minerals 260 Limited is a company in the mining industry focused on gold production. It acquired the Bullabulling Gold Project, one of Australia’s leading gold projects, aiming to become a significant gold producer.
Average Trading Volume: 9,503,336
Technical Sentiment Signal: Buy
Current Market Cap: A$731.2M
Find detailed analytics on MI6 stock on TipRanks’ Stock Analysis page.