Education
About Us
Working with TipRanks
Follow Us
Minerals 260 Limited (AU:MI6)
ASX:MI6
MI6 Stock Chart & Stats
AU$0.40
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.40
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.10 - AU$0.51
Previous CloseN/A
Volume71.32K
Average Volume (3M)11.52M
Market Cap
AU$849.85M
Enterprise ValueAU$795.98M
Total Cash (Recent Filing)AU$54.38M
Total Debt (Recent Filing)AU$510.24K
Price to Earnings (P/E)―
Beta-0.05
Next Earnings
Feb 26, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,151,516,600
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$0.98Price Target Upside145.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageExtremely low debt relative to equity gives durable financial flexibility: the company can sustain exploration and operating losses for an extended period without near-term refinancing risk, preserving optionality for strategic choices over the next several months.
Large Equity CushionA large equity base provides a meaningful buffer against operating losses and reduces immediate pressure to raise costly debt. This cushion lowers short-term solvency risk and can limit forced asset sales or distressed outcomes while the business remains pre-revenue.
Improving Free Cash Flow TrendYear-over-year improvement in free cash flow, even from a weak base, indicates early progress in reducing cash burn or improving operational efficiency. If sustained, this trend extends runway and supports transition toward self-funding activities within months.
Bears Say
Pre-revenue ProfileZero revenue across reported periods means the business lacks operating cash inflows and must rely on financing. This structural limitation prevents scale-related margin improvements and makes long-term viability dependent on successful project commercialization or external capital.
Persistent Cash BurnSizable, ongoing negative operating and free cash flow depletes reserves and raises the probability of future capital raises. Over a multi-month horizon this increases dilution risk and constrains investment in growth or development without clear paths to revenue.
Volatile Equity HistoryA history of negative equity and instability signals prior recapitalizations or write-downs, implying governance, dilution, or asset-quality risks. This raises the likelihood that future funding events could materially dilute shareholders or that asset values may be revised.
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$0.51 in the past 12 months.
What is Minerals 260 Limited’s market cap?
Minerals 260 Limited’s market cap is AU$849.85M.
When is Minerals 260 Limited’s upcoming earnings report date?
Minerals 260 Limited’s upcoming earnings report date is Feb 26, 2026 which is in 9 days.
How were Minerals 260 Limited’s earnings last quarter?
Minerals 260 Limited released its earnings results on Sep 19, 2025. The company reported -AU$0.007 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.007.
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 2,151,516,600 shares outstanding.
What happened to Minerals 260 Limited’s price movement after its last earnings report?
Minerals 260 Limited reported an EPS of -AU$0.007 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
AU$0.98 (145.00% Upside)
AU$0.98 (145.00% Upside)
Blogger Sentiment
Bullish
AU:MI6 Sentiment 91%
Sector Average ―
Sector Average ―
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$0.98
▲(145.00% Upside)
Technical Analysis
Kingfisher Mining Ltd.
―
Rincon Resources Ltd.
―
BPM Minerals Ltd.
―
Dundas Minerals Limited
―
M3 Mining Ltd.
―
Options Prices
Currently, No data available
---