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Minerals 260 LimitedASX:MI6 Stock Report

Market Cap AU$537.7m
Share Price
AU$0.24
My Fair Value
AU$0.39
37.0% undervalued intrinsic discount
1Y81.5%
7D14.0%
Portfolio Value
View

Minerals 260 Limited

ASX:MI6 Stock Report

Market Cap: AU$537.7m

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Minerals 260 Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Minerals 260
Historical stock prices
Current Share PriceAU$0.24
52 Week HighAU$0.26
52 Week LowAU$0.10
Beta1.62
1 Month Change75.00%
3 Month Change104.17%
1 Year Change81.48%
3 Year Change-35.53%
5 Year Changen/a
Change since IPO-59.17%

Recent News & Updates

Recent updates

Here's Why We're Not At All Concerned With Minerals 260's (ASX:MI6) Cash Burn Situation

Apr 26
Here's Why We're Not At All Concerned With Minerals 260's (ASX:MI6) Cash Burn Situation

We're Interested To See How Minerals 260 (ASX:MI6) Uses Its Cash Hoard To Grow

Jan 06
We're Interested To See How Minerals 260 (ASX:MI6) Uses Its Cash Hoard To Grow

Companies Like Minerals 260 (ASX:MI6) Can Afford To Invest In Growth

Sep 15
Companies Like Minerals 260 (ASX:MI6) Can Afford To Invest In Growth

Shareholder Returns

MI6AU Metals and MiningAU Market
7D14.0%2.9%0.9%
1Y81.5%10.6%7.6%

Return vs Industry: MI6 exceeded the Australian Metals and Mining industry which returned 10.6% over the past year.

Return vs Market: MI6 exceeded the Australian Market which returned 7.6% over the past year.

Price Volatility

Is MI6's price volatile compared to industry and market?
MI6 volatility
MI6 Average Weekly Movement10.4%
Metals and Mining Industry Average Movement12.1%
Market Average Movement9.1%
10% most volatile stocks in AU Market19.8%
10% least volatile stocks in AU Market3.4%

Stable Share Price: MI6 has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: MI6's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aLuke McFadyenminerals260.com.au

Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for gold, palladium, nickel, copper, and rare earths elements, as well as precious and battery-related metals. The company holds 100% interest in the Bullabulling Gold Project located in south-west of Kalgoorlie, Western Australian in the Eastern Goldfields; and the Moora project covering an area of 371 square kilometers located in Julimar Mineral Province, Western Australia.

Minerals 260 Limited Fundamentals Summary

How do Minerals 260's earnings and revenue compare to its market cap?
MI6 fundamental statistics
Market capAU$537.67m
Earnings (TTM)-AU$11.52m
Revenue (TTM)n/a
0.0x
P/S Ratio
-45.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MI6 income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$11.52m
Earnings-AU$11.52m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.0054
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MI6 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/02 15:06
End of Day Share Price 2025/10/02 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Minerals 260 Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dale KoendersBarrenjoey Markets Pty Limited
Richard KnightsBarrenjoey Markets Pty Limited
David CoatesBell Potter