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Home CompaniesMinerals 260 Ltd

Minerals 260 Ltd

Basic Materials Other Precious Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.75 AUD -0.07 ( 8.54%)
Last update at 2026-11-06T05:41:00Z
VOLUME
10740760
Market Cap
2031.52M
P/E
20.50

Momentum Score

…

Minerals 260 Limited engages in the exploration and evaluation of mineral resources in Australia. The company explores for gold, palladium, nickel, and copper, as well as precious 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
0.71
Low
0.78
High
52 Week Price Range
0.28
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
0.82
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.01
ROE
28.50%
Net Debt
-93.45M
ROCE
-15.00%
Diluted EPS TTM
0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Income before tax 108.66M -11.52M -7.71M -13.11M -88.59M
Net income 83.48M -11.52M -7.71M -13.11M -88.59M
Selling general administrative - 3.49M 2.17M 3.26M 4.09M
Selling and marketing expenses - 0.55M 0.58M - -
Gross profit -0.34M -0.16M -0.15M - -0.00M
Reconciled depreciation - - 0.13M 0.04M 0.00M
Ebit -65.81M -12.78M -8.30M -13.91M -88.65M
Ebitda -65.47M -12.74M -8.14M - -88.65M
Depreciation and amortization 0.34M 0.04M 0.16M - 0.00M
Operating income -65.81M -12.78M -8.30M -13.11M -88.65M
Other operating expenses 65.81M 12.78M 8.30M - 88.65M
Interest expense 0.10M 0.07M 0.06M - -
Tax provision - - 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 25.18M - - - -0.06M
Total revenue - - 0.59M 0.80M 0.06M
Total operating expenses 65.47M 12.78M 8.14M - 88.65M
Cost of revenue 0.34M 0.16M 0.16M - 0.00M
Total other income expense net 174.47M 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
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Total assets 464.19M 238.76M 12.05M 17.52M 23.73M
Other current assets 0.28M 1.72M 0.15M 0.05M 0.05M
Total liab 100.11M 16.95M 1.18M 0.91M 0.57M
Total stockholder equity 364.08M 221.82M 10.87M 16.61M 23.16M
Other current liab 20.63M 8.97M 0.47M - 0.31M
Common stock 391.77M 334.75M 113.83M 113.83M 108.72M
Capital stock - - - 113.83M 108.72M
Retained earnings -32.52M -116.85M -109.41M -101.70M -88.59M
Other liab - - - 0.00M 0.06M
Other assets - - - 0.02M -
Cash 96.33M 54.38M 11.10M 17.08M 23.47M
Total current liabilities 25.30M 12.70M 0.66M 0.85M 0.51M
Net debt -93.45M -53.87M -11.10M - -23.47M
Short term debt 0.57M 0.75M - 0.00M 0.00M
Short long term debt total 2.88M 0.51M - - -
Other stockholder equity - -0.00M -0.00M 4.47M 3.03M
Property plant equipment - - - 0.21M 0.11M
Total current assets 214.66M 56.11M 11.30M 17.30M 23.62M
Net tangible assets - - - 16.61M 23.16M
Short term investments 115.00M - - - 0.05M
Net receivables 3.06M 0.00M 0.01M 0.16M 0.09M
Inventory - - 0.04M - 0.01M
Accounts payable 4.10M 2.97M 0.18M 0.29M 0.20M
Accumulated other comprehensive income 4.83M 3.92M 6.44M - 3.03M
Non currrent assets other 195.18M 0.07M 0.07M 0.02M -
Non current assets total 249.52M 182.66M 0.75M 0.23M 0.11M
Capital lease obligations - - - 0.10M -
Long term debt total - - - 0.06M 0.00M
Breakdown 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2026-06-30 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Investments - - -0.10M -0.51M -0.10M
Change to liabilities - - - 0.18M 0.45M
Total cashflows from investing activities -125.69M -158.97M -0.10M -0.51M -0.10M
Net borrowings - - - -0.02M -0.02M
Total cash from financing activities 218.97M 210.74M -0.06M -0.05M 28.65M
Change to operating activities - - - 0.06M 0.11M
Net income 83.48M -11.52M -7.71M -13.11M -88.59M
Change in cash 41.95M 43.28M -5.97M -6.39M 28.55M
Begin period cash flow 54.38M 11.10M 17.08M 23.47M -5.08M
End period cash flow 96.33M 54.38M 11.10M 17.08M 23.47M
Total cash from operating activities -51.39M -8.49M -5.82M -5.83M -5.08M
Issuance of capital stock - - - - 30.00M
Depreciation 0.34M 0.16M 0.16M 0.06M 0.01M
Other cashflows from investing activities -0.56M 0.45M 0.00M -0.46M -0.00M
Change to account receivables -1.47M -1.45M 0.06M -0.08M -0.08M
Sale purchase of stock - 220.00M 0.00M -0.03M -1.35M
Other cashflows from financing activities 168.64M -0.00M -0.06M -0.03M -0.10M
Change to netincome - - - 7.06M 83.03M
Capital expenditures 10.12M 0.25M 0.10M 0.51M 0.10M
Change in working capital 31.88M -1.50M -0.29M -5.83M -5.08M
Stock based compensation - 1.55M 0.00M - -
Other non cash items -167.09M 2.81M 2.03M - -
Free cash flow -61.51M -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		 -0.07
8.54%		 0.75 20.50 - - 4.93 -0.63
ZIM
Zimplats Holdings Ltd		 0.05
0.35%		 14.19 3.73 8.90 1.17 0.47 1.78
FRS
Forrestania Resources Ltd		 0.01
1.59%		 0.32 - - 192.74 2.63 -2.61
A1M
Aic Mines Ltd		 -0.03
4.55%		 0.63 12.70 - 2.07 1.43 3.28
BRE
Brazilian Rare EARTHS Ltd		 -0.23
11.95%		 1.70 - - 27937.96 3.46 -

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, and copper, as well as precious 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.

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