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Infinity Mining Limited
(Sydney:IMI)
Infinity Mining Limited (IMI) vs. iShares MSCI Australia ETF (EWA)
Infinity Mining Limited Business Overview & Revenue Model
Infinity Mining Limited Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -24.96K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -72.65K | -47.53K | -99.62K | -27.98K | -637.00 | -420.00 |
| EBITDA | -3.95M | -999.05K | -8.63M | -2.14M | -2.07M | -125.80K |
| Net Income | -7.65M | -7.79M | -8.73M | -2.16M | -2.07M | -102.95K |
Balance Sheet | ||||||
| Total Assets | 5.50M | 6.24M | 8.47M | 16.41M | 17.66M | 95.19K |
| Cash, Cash Equivalents and Short-Term Investments | 4.44K | 599.43K | 250.79K | 3.32M | 8.24M | 6.62K |
| Total Debt | 173.27K | 225.07K | 322.60K | 0.00 | 47.28K | 304.94K |
| Total Liabilities | 392.72K | 406.51K | 604.58K | 371.64K | 187.31K | 371.55K |
| Stockholders Equity | 5.11M | 5.83M | 7.87M | 16.04M | 17.47M | -276.36K |
Cash Flow | ||||||
| Free Cash Flow | -85.34K | -1.62M | -3.99M | -5.75M | -3.01M | -71.83K |
| Operating Cash Flow | 550.46K | -897.32K | -2.50M | -2.27M | -2.26M | -60.23K |
| Investing Cash Flow | -1.24M | -622.24K | -1.49M | -3.48M | -750.63K | -11.60K |
| Financing Cash Flow | 1.33M | 1.87M | 916.69K | 840.46K | 11.24M | 72.18K |
Infinity Mining Limited Technical Analysis
Infinity Mining Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$8.26M | -3.57 | -39.25% | ― | ― | 21.34% | |
47 Neutral | AU$6.61M | -4.17 | -13.93% | ― | ― | -41.18% | |
45 Neutral | AU$15.74M | -0.97 | -71.65% | ― | ― | ― | |
44 Neutral | AU$15.81M | -3.87 | -29.77% | ― | ― | -19.23% | |
41 Neutral | AU$5.60M | -0.27 | -157.99% | ― | ― | 57.55% | |
37 Underperform | AU$7.47M | ― | -46.74% | ― | -100.00% | -42.86% |
Infinity Mining Limited Corporate Events
Infinity Mining Limited has notified the market that 2,000,000 ordinary shares will be released from voluntary escrow on 5 March 2026, in line with ASX Listing Rule 3.10A. The move modestly increases the potential free float of the stock, which may influence trading liquidity and shareholding dynamics as the escrowed shares become available to investors.
The company continues to position itself as a diversified Australian explorer with copper, gold, base metals, and lithium projects across key mining jurisdictions in New South Wales, Victoria, and Western Australia. With its flagship Cangai Copper Project and a portfolio located near existing mining operations, Infinity is aiming to advance assets that could benefit from shorter development timelines and enhanced economic viability.
The most recent analyst rating on (AU:IMI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has informed the market that it has issued 25,000,000 ordinary shares without a disclosure document, relying on provisions of the Corporations Act that permit such an issue when certain conditions are met. The company confirmed it is fully compliant with financial reporting and continuous disclosure obligations and stated there is no excluded information that would need to be disclosed to investors in relation to this share issue.
The cleansing notice ensures that the newly issued shares can be freely traded on the ASX without further disclosure, streamlining capital management for Infinity Mining. This step reinforces the company’s adherence to regulatory standards and provides assurance to shareholders and potential investors that no undisclosed price-sensitive information is associated with the new securities.
The most recent analyst rating on (AU:IMI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has applied to the Australian Securities Exchange for quotation of 25,000,000 ordinary fully paid shares, issued on 4 February 2026 under its ASX code IMI. The new securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s listed share base and potentially providing additional capital flexibility for its mining operations and investors.
The announcement, lodged as a new Appendix 2A on 9 February 2026, formalises the admission of these shares to trading on the ASX. While the document is largely procedural, the increase in quoted securities may impact liquidity in IMI stock and marginally dilute existing holdings, factors that current and prospective shareholders will weigh against any benefits from expanded funding capacity.
The most recent analyst rating on (AU:IMI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has disclosed changes to the holdings of director Kevin Mark Woodthorpe, detailing adjustments to his direct and indirect interests in the company’s securities. The filing shows an increase in his ordinary shareholdings and a corresponding reduction in performance rights, with the movements implemented at no cash consideration.
The change in Woodthorpe’s interests arises from an issue of securities approved at the company’s 19 December 2025 general meeting, aligning his equity exposure more closely with Infinity Mining’s ordinary shares. For investors, the updated director holdings provide additional transparency around board alignment with shareholder interests and the evolving incentive structure within the company’s leadership.
The most recent analyst rating on (AU:IMI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has disclosed a change in director Cameron Petricevic’s indirect interests, reflecting an internal reallocation of securities through TTOR Pty Ltd, where he is also a director. Following the transaction, Petricevic’s indirect holding increased to 34,841,033 ordinary shares, while his performance rights decreased to 15,000,000, with no cash consideration involved.
The change arose from an issue of securities approved at the company’s 19 December 2025 general meeting, signalling a restructuring of the director’s incentive and equity position rather than a market trade. This adjustment may refine the alignment of executive incentives with company milestones and long-term value creation, but does not indicate an external capital raising or divestment event.
The most recent analyst rating on (AU:IMI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited reported a net cash outflow from operating activities of A$120,000 for the quarter ended 31 December 2025, driven mainly by staff, administration, and professional costs, and a further A$144,000 used in exploration and evaluation investing activities. These cash outflows were more than offset by A$957,000 of net cash provided by financing activities, primarily from equity issues and borrowings, resulting in a strong positive net cash movement for the quarter and underscoring the company’s continued reliance on external capital to fund its exploration programs and sustain operations.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining’s latest quarterly report highlights confirmation of high‑grade antimony mineralisation at its Walhalla South Extended project in Victoria, where rock chip assays returned up to 51.4% antimony with associated gold, and fieldwork exposed laminated quartz–stibnite veining aligned with a circular magnetic anomaly interpreted as a highly prospective intrusive body. The company is advancing its extraction strategy through a binding cooperation agreement with Orivium Global to trial the patented “Super Oxidiser” technology at the Cangai Copper Project, aiming to economically recover copper, gold and silver from historical stockpiles while aiding environmental remediation, supported by metallurgical testing at the University of Sydney, a A$1.0 million capital raise, and board changes intended to strengthen governance and drive strategic development in 2026.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has issued 11,882,299 new ordinary shares without a prospectus under the Corporations Act’s disclosure exemptions and has lodged a cleansing notice with the ASX to confirm the validity of the capital raising. The company states it is up to date with its financial reporting and continuous disclosure obligations and that there is no excluded information requiring disclosure, a step that facilitates trading of the newly issued shares and signals regulatory compliance to investors and other stakeholders.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has disclosed a change in director Gongkui Xiao’s relevant interests, with an associated entity, Greenstar Partners Pty Ltd as trustee for the Greenstar Partners Family Trust, acquiring 750,000 ordinary shares and 750,000 listed options in the company. The securities, issued following approval at a general meeting on 19 December 2025, increase Xiao’s indirect holdings and reflect ongoing alignment of director interests with shareholders through equity participation, though the transaction is not associated with any changes in contracts or trading during a closed period.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has disclosed a change in the interests of director Kevin Mark Woodthorpe, who has received a substantial allocation of new securities following approval at a general meeting held on 19 December 2025. Woodthorpe acquired 4,699,993 ordinary shares, an equal number of listed options, and 20 million performance rights (split equally between direct and indirect holdings), for total cash consideration of $46,999.93 for the shares and no cash consideration for the options and performance rights, significantly increasing his equity exposure and aligning his remuneration more closely with shareholder outcomes.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has disclosed a significant increase in the indirect equity interests of director Cameron Petricevic, held via TTOR Pty Ltd. Following the issue of new securities approved at a general meeting on 19 December 2025, Petricevic’s indirect holding has risen to 14,841,033 ordinary shares, alongside existing options and newly issued listed options and performance rights. The transaction, which included a modest cash outlay for additional shares and nil consideration for the options and performance rights, strengthens the director’s alignment with shareholders and may be viewed as a sign of confidence in the company’s future performance, while also expanding his exposure to future milestone-driven value creation.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has issued 55 million unquoted director incentive performance rights, dated 16 January 2026, under its existing equity arrangements. The large grant of performance rights, which will not be quoted on the ASX, is designed to align director remuneration with company performance and may influence future governance dynamics and potential dilution for existing shareholders, depending on vesting outcomes.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has applied to the ASX for quotation of 11,882,299 new ordinary fully paid shares and an equal number of options exercisable until 15 November 2028, all issued on 16 January 2026. The move will expand the company’s listed capital base through securities previously flagged in an earlier Appendix 3B, signalling a further step in its funding and growth plans as it seeks to deepen market participation and liquidity for shareholders.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has applied to the ASX for quotation of 110 million IMIO options, each expiring on 15 November 2028, following prior disclosure of the underlying transaction in an earlier filing. The substantial options issue, dated 12 January 2026, signals a significant capital markets move that could influence the company’s capital structure and provide additional leverage for future funding or strategic initiatives, with potential dilution and value implications for existing and prospective security holders once the options are exercised.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has applied to the ASX for quotation of 30 million options (ASX code: IMIO), each expiring on 15 November 2028. The new securities, issued on 12 January 2026 and previously flagged in an Appendix 3B, expand the company’s listed option base and may provide additional future funding flexibility and trading liquidity for shareholders as the options come to market.
The most recent analyst rating on (AU:IMI) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has outlined plans for a proposed issue of securities on the ASX, comprising up to 55 million director incentive performance rights, 11,882,299 options expiring on 15 November 2028, and 11,882,299 fully paid ordinary shares, with an intended issue date of 16 January 2026. The new securities, to be issued via a placement or similar structure, are designed to incentivise directors and potentially strengthen the company’s capital base, signaling an effort to align management interests with shareholders and provide additional funding or flexibility for future corporate and operational initiatives.
The most recent analyst rating on (AU:IMI) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Infinity Mining Limited stock, see the AU:IMI Stock Forecast page.
Infinity Mining Limited has notified the market that 5.2 million listed options (ASX code IMIAH), each exercisable at $0.20 and due to expire on 18 December 2025, have lapsed unexercised. The expiration of these options reduces the company’s pool of potential dilutive securities but does not bring in new equity capital, slightly tightening its capital structure while leaving existing shareholdings unaffected.
Infinity Mining Limited has confirmed that all resolutions put to shareholders at its general meeting held in Brisbane on 19 December 2025 were passed, reflecting strong investor support across a wide range of capital and remuneration measures. The approved resolutions cover the ratification of prior share issues, the issuance of new shares, performance rights and options to directors, key executives and a lead manager, as well as broker options, reinforcing the company’s ability to incentivise management, reward stakeholders and secure funding flexibility for the advancement of its copper, gold, base metals and lithium exploration and development portfolio.
Infinity Mining Limited has announced the discovery of a quartz-stibnite vein at its Walhalla South Project, located in the Melbourne Zone of eastern Victoria. This discovery, which includes high-grade antimony mineralization, positions the company to capitalize on the rising demand for antimony, a critical mineral for defense and renewable energy applications. The site, which is strategically located near other significant gold-antimony projects, offers a promising low-cost path for further exploration and potential development, enhancing Infinity Mining’s prospects in the mineral resource sector.
Infinity Mining Limited has released its consolidated financial report for the half-year ending September 30, 2025. The report provides insights into the company’s financial performance, including comprehensive income, financial position, changes in equity, and cash flows. This release is crucial for stakeholders to assess the company’s financial health and strategic direction.