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% interests in the Aston project that includes 14 granted contiguous tenements covering an area of 1,709 square kilometers and four pending tenements covering an area of 84 square kilometers located in the Gascoyne Province of Western Australia; and the Moora project covering an area of 370 square kilometers located in Julimar Mineral Province, southwest Western Australia. The company also holds a 100% interest in the Dingo Rocks project located in south-eastern Western Australia. The company was incorporated in 2021 and is based in West Perth, Australia.
Metrics to compare | MI6 | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipMI6PeersSector | |
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P/E Ratio | −3.9x | −4.4x | −0.1x | |
PEG Ratio | −0.09 | −0.04 | 0.00 | |
Price/Book | 2.8x | 1.3x | 1.6x | |
Price / LTM Sales | - | 358.2x | 1.2x | |
Upside (Analyst Target) | - | 112.5% | 28.8% | |
Fair Value Upside | Unlock | −11.8% | 3.5% | Unlock |