Minerals 260 Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Other Precious Metals & Mining
  • Company website

Company description

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. The company also holds 51% interest in the Koojan JV project located in Western Australia; and 80% interest in the WBR Project located in the Wheatbelt of SW Western Australia. Minerals 260 Limited was incorporated in 2021 and is based in West Perth, Australia.

Financial highlights

Market Capitalization$115.83 million
P/E Ratio2.09
P/E Growth Ratio
Book Value0.096
Dividend Per Share0
Earnings Per Share0.24
EBITDA-7,474.415
Profit Margin0
Operating Margin TTM0
Return on Assets TTM-4.6422
Return on Equity TTM-7.6502
Revenue TTM0

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2019-06-30
2020-06-30
2021-06-30 0
2022-06-30 56.83 1.685 -1.685 88,647.011
2023-06-30 804.24

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2019-06-30 0.001
2020-06-30 0.001
2021-06-30 27,780 27,780 47.043 1.12 107,779.376
2022-06-30 23,471.13 23,729.67 569.29 0 108,721.826
2023-06-30 17,076.45 17,523.71 911.75 0 113,834.12

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2019-06-30 -18.12 -5,075.638 23,471.13
2020-06-30 -308.591 -5,075.638 23,471.13
2021-06-30 -13.488 -5,075.638 23,471.13
2022-06-30 -88,590.181 -5,075.638 28,546.768 -5,075.638 23,471.13
2023-06-30 -13,105.8 -5,834.82 -6,394.68 23,471.13 17,076.452