Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Minerals 260 Limited operates as a mineral exploration company in Australia. The company intends to hold a 100% interest in the Moora gold-nickel-copper-PGE project; an option to earn a 51% interest in the Koojan gold-nickel-copper-PGE project; and interest in the Dingo Rocks project and tenement applications at Yalwest. Minerals 260 Limited was incorporated in 2021 and is based in West Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of MI6.AX is 0.40 and suggests 42% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d
Buy
Sell