MI6.AX
Price:
$0.37
Market Cap:
$795.75M
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.
Industry
Other Precious Metals
IPO Date
2021-10-11
Stock Exchange
ASX
Ticker
MI6.AX
According to Minerals 260 Limited’s latest financial reports and current stock price. The company's current Current Ratio is 4.42. This represents a change of -69.87% compared to the average of 14.67 of the last 4 quarters.
The mean historical Current Ratio of Minerals 260 Limited over the last ten years is 96.98. The current 4.42 Current Ratio has changed 355.74% with respect to the historical average. Over the past ten years (40 quarters), MI6.AX's Current Ratio was at its highest in in the June 2022 quarter at 46.33. The Current Ratio was at its lowest in in the June 2025 quarter at 4.42.
Average
96.98
Median
17.21
Minimum
0
Maximum
590.52
Discovering the peaks and valleys of Minerals 260 Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 590.52
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.42 | -74.31% |
| 2024 | 17.21 | -15.47% |
| 2023 | 20.35 | -56.07% |
| 2022 | 46.33 | -92.15% |
| 2021 | 590.52 | Infinity% |
| 2020 | 0 | 0% |
The current Current Ratio of Minerals 260 Limited (MI6.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.99
5-year avg
135.77
10-year avg
96.98
Minerals 260 Limited’s Current Ratio is less than Larvotto Resources Limited (6.15), greater than 29Metals Limited (1.83), less than Metallium Limited (5.42), greater than St Barbara Limited (2.77), less than Santana Minerals Limited (13.62), greater than Bougainville Copper Limited (2.93), greater than Meteoric Resources NL (1.53), less than PMET Resources Inc. (4.67), greater than Black Cat Syndicate Limited (1.26), greater than Meeka Metals Limited (2.85),
| Company | Current Ratio | Market cap |
|---|---|---|
| 6.15 | $602.67M | |
| 1.83 | $576.38M | |
| 5.42 | $558.03M | |
| 2.77 | $565.60M | |
| 13.62 | $513.41M | |
| 2.93 | $244.65M | |
| 1.53 | $396.14M | |
| 4.67 | $811.35M | |
| 1.26 | $751.12M | |
| 2.85 | $694.15M |
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