Minerals 260 Limited (AU:MI6)
ASX:MI6
MI6 Stock Chart & Stats
AU$0.69
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.69
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.10 - AU$0.74
Previous CloseN/A
Volume71.32K
Average Volume (3M)11.52M
Market Cap
AU$1.56B
Enterprise ValueAU$1.58B
Total Cash (Recent Filing)AU$31.17M
Total Debt (Recent Filing)AU$446.17K
Price to Earnings (P/E)―
Beta0.60
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,263,627,700
10 Day Avg. Volume13,812,226
30 Day Avg. Volume11,516,671
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)0.38
Price to Sales (P/S)0.00
P/FCF Ratio-9.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.07Price Target Upside55.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage & Improved Capital BaseVery low leverage reduces immediate financial distress risk and the sharp increase in equity and assets in FY2025 provides runway for multi-year exploration programs. A stronger capital base supports continued field work and potential partner or JV activity over the next several quarters.
Attractive Project Jurisdiction And FocusConcentrating exploration in Western Australia delivers durable advantages: proven geology, established mining services, and clearer permitting pathways. This structural jurisdictional strength increases the probability of commercially attractive discoveries and appeals to industry partners.
Exposure To Battery And Precious MetalsFocus on lithium and gold aligns with multi-year structural demand trends—lithium for electrification and batteries, gold for store-of-value demand. Successful resource definition could capture persistent end-market tailwinds and make projects strategically attractive to acquirers.
Bears Say
Pre-revenue With Persistent LossesRemaining pre-revenue with sustained operating losses is a durable risk: exploration typically requires prolonged capital without near-term income. This forces continued reliance on external funding, raising dilution risk and constraining ability to self-fund advancement to development stages.
Negative Operating And Free Cash FlowOperating and free cash flows have been negative across multiple years, indicating the business consumes capital rather than generates it. This undermines long-term sustainability absent asset monetization or financing and shortens runway for exploration unless more capital is raised.
Negative Returns On Equity And Balance Sheet VolatilityNegative ROE and past equity volatility signal limited capital efficiency and a track record of value erosion. For explorers, this raises structural questions about converting discoveries into shareholder returns and may hinder attracting long-term strategic partners or non-dilutive financing.
Minerals 260 Limited News
MI6 FAQ
What was Minerals 260 Limited’s price range in the past 12 months?
Minerals 260 Limited lowest share price was AU$0.10 and its highest was AU$0.73 in the past 12 months.
What is Minerals 260 Limited’s market cap?
Minerals 260 Limited’s market cap is AU$1.56B.
When is Minerals 260 Limited’s upcoming earnings report date?
Minerals 260 Limited’s upcoming earnings report date is Sep 18, 2026 which is in 169 days.
How were Minerals 260 Limited’s earnings last quarter?
Minerals 260 Limited released its earnings results on Mar 09, 2026. The company reported -AU$0.011 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.011.
Is Minerals 260 Limited overvalued?
According to Wall Street analysts Minerals 260 Limited’s price is currently Undervalued.
Does Minerals 260 Limited pay dividends?
Minerals 260 Limited does not currently pay dividends.
What is Minerals 260 Limited’s EPS estimate?
Minerals 260 Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Minerals 260 Limited have?
Minerals 260 Limited has 2,263,627,700 shares outstanding.
What happened to Minerals 260 Limited’s price movement after its last earnings report?
Minerals 260 Limited reported an EPS of -AU$0.011 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -10.078%.
Which hedge fund is a major shareholder of Minerals 260 Limited?
Currently, no hedge funds are holding shares in AU:MI6
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Minerals 260 Limited Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$1.07 (55.07% Upside)
AU$1.07 (55.07% Upside)
Blogger Sentiment
Bullish
AU:MI6 Sentiment 93%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
166.66%
12-Months-Change
Fundamentals
Return on Equity
-9.90%
Trailing 12-Months
Asset Growth
1882.18%
Trailing 12-Months
Company Description
Minerals 260 Limited
Minerals 260 Limited operates as a mineral exploration company in Australia. The company intends to hold a 100% interest in the Moora gold-nickel-copper-PGE project; an option to earn a 51% interest in the Koojan gold-nickel-copper-PGE project; and interest in the Dingo Rocks project and tenement applications at Yalwest. Minerals 260 Limited was incorporated in 2021 and is based in West Perth, Australia.
MI6 Stock 12 Month Forecast
Average Price Target
AU$1.07
▲(55.07% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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