Explore 3 Stock Ideas & Industry Insights Download Free Report

800-234-336
Shopping Cart 0
countryflagNZ
Login

Home CompaniesMinerals 260 Ltd

Minerals 260 Ltd

Basic Materials Other Precious Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.84 AUD -0.10 ( 10.64%)
Last update at 2026-09-28T06:23:00Z
VOLUME
13830348
Market Cap
2301.95M

Momentum Score

…

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. The company was incorporated in 2021 and is based in West Perth, Australia.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.84
Low
0.92
High
52 Week Price Range
0.21
Low
1.00
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Minerals 260 Ltd is an ASX-listed Australian exploration company targeting critical minerals used in batteries and clean energy. Long-term growth drivers include rising electrification demand and successful exploration and project advancement, which may benefit investors seeking early-stage exposure to the sector.
Major risks are typical junior-explorer exposures: exploration failure, financing dilution, commodity price swings, and regulatory or permitting setbacks.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.94
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.00
ROE
-32.02%
Net Debt
-53.87M
ROCE
-5.66%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Income before tax -11.52M -7.71M -13.11M -88.59M -0.00M
Net income -11.52M -7.71M -13.11M -88.59M -0.00M
Selling general administrative 3.49M 2.17M 3.26M 4.09M 0.00M
Selling and marketing expenses 0.55M 0.58M - - -
Gross profit -0.16M -0.15M - -0.00M -
Reconciled depreciation - 0.13M 0.04M 0.00M -
Ebit -12.78M -8.30M -13.91M -88.65M -0.01M
Ebitda -12.74M -8.14M - -88.65M -
Depreciation and amortization 0.04M 0.16M - 0.00M -
Operating income -12.78M -8.30M -13.11M -88.65M -0.00M
Other operating expenses 12.78M 8.30M - 88.65M -
Interest expense 0.07M 0.06M - - 0.00M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - 0.65M 0.80M 0.06M -
Net interest income - 0.59M 0.80M 0.06M -
Income tax expense - - - -0.06M -
Total revenue - 0.59M 0.80M 0.06M 0.00M
Total operating expenses 12.78M 8.14M - 88.65M -
Cost of revenue 0.16M 0.16M - 0.00M -
Total other income expense net 1.26M 0.59M -0.00M 0.00M -
Net income from continuing ops - -7.71M -13.11M -88.59M -
Net income applicable to common shares - -7.71M -13.11M -88.59M -0.01M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total assets 238.76M 12.05M 17.52M 23.73M 27.78M
Other current assets 1.72M 0.15M 0.05M 0.05M -
Total liab 16.95M 1.18M 0.91M 0.57M 0.05M
Total stockholder equity 221.82M 10.87M 16.61M 23.16M 27.73M
Other current liab 8.97M 0.47M - 0.31M -
Common stock 334.75M 113.83M 113.83M 108.72M 107.78M
Capital stock - - 113.83M 108.72M 107.78M
Retained earnings -116.85M -109.41M -101.70M -88.59M -82.69M
Other liab - - 0.00M 0.06M -
Other assets - - 0.02M - -
Cash 54.38M 11.10M 17.08M 23.47M 27.78M
Total current liabilities 12.70M 0.66M 0.85M 0.51M 0.05M
Net debt -53.87M -11.10M - -23.47M -27.78M
Short term debt 0.75M - 0.00M 0.00M 0.00M
Short long term debt total 0.51M - - - -
Other stockholder equity -0.00M -0.00M 4.47M 3.03M -
Property plant equipment - - 0.21M 0.11M -
Total current assets 56.11M 11.30M 17.30M 23.62M 27.78M
Net tangible assets - - 16.61M 23.16M -0.00M
Short term investments - - - 0.05M -
Net receivables 0.00M 0.01M 0.16M 0.09M 0.00M
Inventory - 0.04M - 0.01M -
Accounts payable 2.97M 0.18M 0.29M 0.20M 0.05M
Accumulated other comprehensive income 3.92M 6.44M - 3.03M 2.64M
Non currrent assets other 0.07M 0.07M 0.02M - -
Non current assets total 182.66M 0.75M 0.23M 0.11M 0.00M
Capital lease obligations - - 0.10M - -
Long term debt total - - 0.06M 0.00M 0.00M
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Type yearly yearly yearly yearly yearly
Date 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Investments - -0.10M -0.51M -0.10M -
Change to liabilities - - 0.18M 0.45M 0.00M
Total cashflows from investing activities -158.97M -0.10M -0.51M -0.10M -0.10M
Net borrowings - - -0.02M -0.02M -0.02M
Total cash from financing activities 210.74M -0.06M -0.05M 28.65M 28.65M
Change to operating activities - - 0.06M 0.11M 0.11M
Net income -11.52M -7.71M -13.11M -88.59M -0.01M
Change in cash 43.28M -5.97M -6.39M 28.55M 23.47M
Begin period cash flow 11.10M 17.08M 23.47M -5.08M -
End period cash flow 54.38M 11.10M 17.08M 23.47M -
Total cash from operating activities -8.49M -5.82M -5.83M -5.08M -5.08M
Issuance of capital stock - - - 30.00M -
Depreciation 0.16M 0.16M 0.06M 0.01M 0.01M
Other cashflows from investing activities 0.45M 0.00M -0.46M -0.00M -
Change to account receivables -1.45M 0.06M -0.08M -0.08M -0.08M
Sale purchase of stock 220.00M 0.00M -0.03M -1.35M -
Other cashflows from financing activities -0.00M -0.06M -0.03M -0.10M -1.35M
Change to netincome - - 7.06M 83.03M 83.03M
Capital expenditures 0.25M 0.10M 0.51M 0.10M 0.10M
Change in working capital -1.50M -0.29M -5.83M -5.08M -
Stock based compensation 1.55M 0.00M - - -
Other non cash items 2.81M 2.03M - - -
Free cash flow -8.74M -5.92M -6.34M -0.10M -

Peer Comparison*

Sector: Basic Materials Industry: Other Precious Metals & Mining

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
MI6
Minerals 260 Ltd		 -0.10
10.64%		 0.84 - - - 10.81 -0.63
ZIM
Zimplats Holdings Ltd		 -0.45
3.06%		 14.27 4.22 8.90 1.26 0.57 2.18
BRE
Brazilian Rare EARTHS Ltd		 -0.38
9.64%		 3.56 - - 64022.77 8.28 -
FRS
Forrestania Resources Ltd		 -0.01
4.92%		 0.29 - - 192.99 3.05 -2.61
A1M
Aic Mines Ltd		 -0.04
3.89%		 0.86 17.64 - 2.88 2.08 4.73

Profile*

Minerals 260 Ltd

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. The company was incorporated in 2021 and is based in West Perth, Australia.

2 Kings Park Road, West Perth, WA, Australia, 6005

61 8 6556 6020

https://minerals260.com.au

Name Title Year Born
Mr. David Ross Richards B.Sc., BSc (Hons), MAICD, MAIG MD & Director 1961
Mr. Curtis Abbott B.Com., C.A. CFO & Company Sec. NA
Mr. Curtis Stanley Abbott B.Com., C.A. CFO & Company Secretary NA
Mr. Luke McFadyen Managing Director NA
Mr. Matthew Blake B.Sc. Exploration Manager NA
Mr. Curtis Stanley Abbott B.Com., C.A. CFO & Company Secretary NA
Mr. Luke McFadyen Managing Director NA
Mr. Matthew Blake B.Sc. Exploration Manager NA
Mr. Curtis Stanley Abbott B.Com., C.A. CFO & Company Secretary NA
Mr. Luke McFadyen Managing Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

ATM
AUD 1.06
+8.67%
G6M
AUD 3.49
+7.06%
NST
AUD 23.47
+6.15%
INA
AUD 4.76
+5.78%
MEZ
AUD 4.53
+5.35%
KAR
AUD 1.55
-12.89%
NMG
AUD 0.07
-12.66%
MI6
AUD 0.84
-10.64%
BRE
AUD 3.56
-9.64%
CXO
AUD 0.32
-8.70%

Equity Sectors*

  • Basic Materials

    -2.53%

  • Communication Services

    -0.20%

  • Consumer Cyclical

    -0.30%

  • Consumer Defensive

    -0.14%

  • Energy

    -1.70%

  • Financial Services

    -0.11%

  • Healthcare

    -0.80%

  • Industrials

    -0.68%

  • Real Estate

    +0.72%

  • Technology

    -0.78%

  • Utilities

    +2.28%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…