company background image
MI6 logo

Minerals 260 ASX:MI6 Stock Report

Last Price

AU$0.15

Market Cap

AU$35.1m

7D

0%

1Y

-68.1%

Updated

17 Apr, 2024

Data

Company Financials

MI6 Stock Overview

Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia.

MI6 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Minerals 260 Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Minerals 260
Historical stock prices
Current Share PriceAU$0.15
52 Week HighAU$0.84
52 Week LowAU$0.14
Beta1.74
1 Month Change-9.09%
3 Month Change-40.00%
1 Year Change-68.09%
3 Year Changen/a
5 Year Changen/a
Change since IPO-75.00%

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
7D0%-0.8%-2.8%
1Y-68.1%-6.7%4.0%

Return vs Industry: MI6 underperformed the Australian Metals and Mining industry which returned -6.7% over the past year.

Return vs Market: MI6 underperformed the Australian Market which returned 4% over the past year.

Price Volatility

Is MI6's price volatile compared to industry and market?
MI6 volatility
MI6 Average Weekly Movement13.2%
Metals and Mining Industry Average Movement12.5%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market3.5%

Stable Share Price: MI6's share price has been volatile over the past 3 months.

Volatility Over Time: MI6's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2021n/an/aminerals260.com.au

Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for gold, platinum, palladium, nickel, copper, lithium, and rare earths elements, as well as precious and battery-related metals. It holds 100% interest in the Aston Critical Minerals project covering 1,709 square kilometers located in the Gascoyne Province of Western Australia; the Moora Gold-Copper-Nickel-PGE project covering approximately 1,100 square kilometers located in south-west Western Australia; the Dingo Rocks project covering approximately 271 square kilometers located in SE Western Australia; and the Yalwest Project located in the north of Perth.

Minerals 260 Limited Fundamentals Summary

How do Minerals 260's earnings and revenue compare to its market cap?
MI6 fundamental statistics
Market capAU$35.10m
Earnings (TTM)-AU$14.33m
Revenue (TTM)n/a

0.0x

P/S Ratio

-2.4x

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$14.33m
Earnings-AU$14.33m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.061
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MI6 perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.