Coates covers the Basic Materials sector, focusing on stocks such as Minerals 260 Limited, Battery Minerals Ltd., and Regis Resources Limited. According to TipRanks, Coates has an average return of 25.2% and a 54.00% success rate on recommended stocks.
In a report released on June 30, UBS also maintained a Buy rating on the stock with a A$1.15 price target.
Based on Minerals 260 Limited’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of A$23.99 million. In comparison, last year the company had a GAAP net loss of A$4.49 million
