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MI6 Stock Chart & Stats
AU$0.78
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.78
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.10 - AU$1.00
Previous CloseN/A
Volume71.32K
Average Volume (3M)11.52M
Market Cap
AU$1.73B
Enterprise ValueAU$2.03B
Total Cash (Recent Filing)AU$31.17M
Total Debt (Recent Filing)AU$446.17K
Price to Earnings (P/E)―
Beta1.15
Next Earnings
Sep 18, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,270,603,500
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$1.30Price Target Upside66.67% 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 / Balance Sheet StrengthVery low debt reduces financing risk and interest burden, giving management flexibility to fund exploration or pursue JV deals without heavy leverage. Over a 2–6 month horizon this durable capital-structure advantage improves solvency and lowers bankruptcy risk while the company advances projects.
Attractive Commodity & Jurisdiction ExposureOperating in Western Australia, a proven mining jurisdiction, and focusing on lithium and gold aligns the company with long-term structural demand (battery metals) and high geological prospectivity. This geographic and commodity mix improves the probability of commercially valuable discoveries and strategic partnerships.
Improved Capital Base In FY2025A marked increase in equity and assets strengthens the firm's runway and reduces immediate refinancing pressure. A larger capital base allows sustained exploration funding, supports staged project development, and reduces the likelihood of urgent dilutive financings in the medium term.
Bears Say
Pre-revenue Business ModelNo revenue means the business remains entirely exploration-stage and dependent on successful discoveries or asset sales. This creates durable execution risk: outcomes hinge on exploration success, permitting, and commodity cycles, making cash needs and long-term returns uncertain over months.
Persistent Cash BurnMulti-year negative operating and free cash flow indicate the company finances operations via cash reserves or external funding. Continued cash burn increases the probability of future equity raises or JV dilution, which can materially affect shareholder value and constrain multi-year project timelines.
Sustained Operating LossesOngoing, sizeable losses reduce returns on equity and erode retained capital, limiting organic project funding. Without a clear path to profitability, management must secure external capital or partnerships, which risks dilution and delays development even if the balance sheet is currently stronger.
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$1.00 in the past 12 months.
What is Minerals 260 Limited’s market cap?
Minerals 260 Limited’s market cap is AU$1.73B.
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 74 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 is >-0.01.
How many shares outstanding does Minerals 260 Limited have?
Minerals 260 Limited has 2,270,603,500 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$1.30 (66.67% Upside)
AU$1.30 (66.67% Upside)
Blogger Sentiment
Bullish
AU:MI6 Sentiment 95%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth AU$59.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
166.66%
12-Months-Change
Fundamentals
Return on Equity
-14.75%
Trailing 12-Months
Asset Growth
2000.17%
Trailing 12-Months
Company Description
Minerals 260 Limited
Minerals 260 Limited is an Australian firm primarily focused on mineral exploration. The company plans to secure complete ownership (100%) of the Moora project, which targets gold, nickel, copper, and platinum group elements (PGEs). It also possesses an option to acquire a 51% stake in the Koojan project, similarly prospecting for gold, nickel, copper, and PGEs. Additionally, the company maintains involvement in the Dingo Rocks project and has submitted applications for exploration tenements in the Yalwest area. Established in 2021, Minerals 260 Limited operates from its headquarters in West Perth, Australia.
MI6 Stock 12 Month Forecast
Average Price Target
AU$1.30
▲(66.67% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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