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The latest update is out from Resource Mining Corporation Limited ( (AU:RMI) ).
Resource Minerals International reported strong December 2025 quarter exploration progress at its Saudi Arabian projects, Wadi Salamah and Shaib Marqan, where it holds granted exploration licences covering nearly 190 square kilometres in central Saudi Arabia. The company announced high-grade gold and copper results from rock chip sampling at both sites, including standout gold assays above 40 g/t at Shaib Marqan and notable gold-silver grades at Wadi Salamah, while also completing a ground magnetic survey at Wadi Salamah and advancing one at Shaib Marqan; supported by a successful $1 million equity placement that left the company debt free at quarter-end, these results enhance the potential of its Saudi portfolio and strengthen its financial position for continued exploration.
The most recent analyst rating on (AU:RMI) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Resource Mining Corporation Limited stock, see the AU:RMI Stock Forecast page.
More about Resource Mining Corporation Limited
Resource Minerals International Ltd (ASX: RMI) is a Perth-based specialist mineral exploration company focused on discovering and developing critical and precious mineral deposits, with exploration activities currently concentrated in Tanzania, Saudi Arabia and Finland.
Average Trading Volume: 965,038
Technical Sentiment Signal: Buy
Current Market Cap: A$22.58M
For a thorough assessment of RMI stock, go to TipRanks’ Stock Analysis page.