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MI6 Stock Chart & Stats
AU$0.94
AU$0.04(6.40%)
At close: 4:00 PM EDT
AU$0.94
AU$0.04(6.40%)
Day’s Range― - ―
52-Week RangeAU$0.26 - AU$1.00
Previous CloseN/A
Volume8.04M
Average Volume (3M)14.29M
Market Cap
AU$2.02B
Enterprise ValueAU$1.40B
Total Cash (Recent Filing)AU$211.33M
Total Debt (Recent Filing)AU$2.88M
Price to Earnings (P/E)21.7
Beta1.65
Next Earnings
Mar 04, 2027EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.04
Shares Outstanding2,475,216,000
10 Day Avg. Volume8,620,378
30 Day Avg. Volume14,294,262
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)4.39
Price to Sales (P/S)0.00
P/FCF Ratio-25.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.35Price Target Upside43.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.02
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative LeverageVery low debt relative to equity reduces financing pressure and interest burden, giving the company greater resilience while it develops its asset base. Conservative leverage also preserves borrowing capacity and strategic flexibility if operating conditions improve or funding is needed for future opportunities.
Expanding Capital BaseGrowth in equity and total assets indicates that the company has built a materially larger capital base over the latest periods. That provides more resources to support exploration and corporate development, although the value of this expansion ultimately depends on converting assets into productive operations.
Financial FlexibilityA sizable capital base combined with limited debt gives Minerals 260 greater latitude in allocating capital than a highly leveraged business would have. This can support longer-term development initiatives and reduce immediate balance-sheet constraints, even though current operating performance remains weak.
Bears Say
No Revenue BaseThe absence of reported revenue means there is currently no demonstrated operating sales base from which to fund activities or measure customer and market adoption. Until revenue emerges and develops consistently, the company has limited evidence of a self-sustaining commercial model over the next several quarters.
Persistent Operating LossesRecurring and sizable operating losses show that core activities are not yet producing sustainable profitability. The deterioration in 2026 further weakens earnings visibility and suggests that any future improvement will require a meaningful change in operating performance rather than relying on normal continuation of the current business model.
Ongoing Cash BurnPersistent operating and free-cash-flow outflows indicate that the company is consuming cash rather than funding itself through operations. The materially worse free cash flow in 2026 increases the need for disciplined capital management and raises the risk that additional funding may be required before cash generation improves.
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$0.26 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$2.02B.
When is Minerals 260 Limited’s upcoming earnings report date?
Minerals 260 Limited’s upcoming earnings report date is Mar 04, 2027 which is in 146 days.
How were Minerals 260 Limited’s earnings last quarter?
Minerals 260 Limited released its earnings results on Sep 30, 2026. The company reported -AU$0.009 earnings per share for the quarter.
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 2,475,216,000 shares outstanding.
What happened to Minerals 260 Limited’s price movement after its last earnings report?
Minerals 260 Limited reported an EPS of -AU$0.009 in its last earnings report. Following the earnings report the stock price went down -2.778%.
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$1.35 (43.62% Upside)
AU$1.35 (43.62% Upside)
Blogger Sentiment
Bullish
AU:MI6 Sentiment 96%
Sector Average 70%
Sector Average 70%
Insider Transactions
Bought Shares
Worth AU$53.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
169.35%
12-Months-Change
Fundamentals
Return on Equity
29.67%
Trailing 12-Months
Asset Growth
94.41%
Trailing 12-Months
Learn more about TipRanks Smart Score
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$1.35
▲(43.62% Upside)
Technical Analysis
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