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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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 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% | |
47 Neutral | AU$7.71M | -4.17 | -13.93% | ― | ― | -41.18% | |
45 Neutral | AU$16.80M | -1.06 | -71.65% | ― | ― | ― | |
45 Neutral | AU$6.45M | -3.18 | -39.25% | ― | ― | 21.34% | |
44 Neutral | AU$10.03M | -3.23 | -29.77% | ― | ― | -19.23% | |
42 Neutral | AU$5.35M | -0.27 | -157.99% | ― | ― | 57.55% | |
37 Underperform | AU$5.98M | ― | -46.74% | ― | -100.00% | -42.86% |
Infinity Mining Limited Corporate Events
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.
Infinity Mining Limited has announced a General Meeting to be held on December 19, 2025, at their Fortitude Valley location. Shareholders are encouraged to participate by submitting proxy forms and questions in advance, as the meeting will address specific business outlined in the agenda. This meeting is part of the company’s ongoing efforts to engage with stakeholders and ensure transparent communication regarding its operations.
Infinity Mining Limited has issued 100,000,000 ordinary shares without disclosure under the Corporations Act, as announced to the Australian Securities Exchange. This move indicates the company’s compliance with relevant legal provisions and suggests a strategic effort to bolster its financial position, potentially impacting its market operations and stakeholder interests.
Infinity Mining Limited has announced the quotation of 100,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX), with the issue date set for November 14, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s capital structure and market presence, which may have implications for its stakeholders and industry positioning.
Infinity Mining Limited has announced an update to its previously proposed issue of securities, with the new issue date set for November 14, 2025. The company has also engaged CPS Capital Group Pty Ltd as the broker for this placement, indicating a strategic move to facilitate the securities offering. This update may impact the company’s capital structure and market positioning, potentially influencing stakeholder interests.
Infinity Mining Limited has announced the appointment of Gongkui Xiao as a director, effective October 31, 2025. The announcement, made in compliance with ASX listing rules, does not disclose any relevant interests in securities or contracts held by the new director, indicating a straightforward appointment without immediate implications for the company’s operations or stakeholders.
Infinity Mining Limited has announced a proposed issue of securities, which includes 110,000,000 options expiring on November 15, 2028, and 100,000,000 fully paid ordinary shares. The proposed issue date is set for November 12, 2025. This move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing capital for further exploration and development activities.
Infinity Mining Limited has secured commitments for a $1 million placement to advance its exploration program and develop mineral extraction technology in partnership with Orivium Global Pte Ltd. The funds will support exploration at key projects in Victoria and the Cangai Project, focusing on recovering critical metals amid rising demand for sustainable supply. This capital raise positions Infinity to fast-track its projects and deliver value to stakeholders.
Infinity Mining Limited has requested a trading halt on its securities pending a capital raising announcement. This move is intended to facilitate the smooth release of significant financial information, which could impact the company’s market operations and investor relations. The trading halt will remain in effect until the announcement is made or normal trading resumes on November 5, 2025.
Infinity Mining Limited has signed a binding Memorandum of Cooperation with Orivium Global Pte Ltd to advance the Cangai project, utilizing Orivium’s advanced technology to process materials and recover valuable metals. This partnership aims to generate near-term revenue and validate the technology for broader application across Australia, positioning Infinity at the forefront of sustainable mining. The project includes plans for site remediation and environmental cleanup, with potential funding from government grants to support its development.
Infinity Mining Limited has announced significant changes to its board and advisory structure, appointing Dr. James Xiao as a Non-Executive Director. Dr. Xiao, with extensive experience in energy, mining, and research, will provide technical and commercial guidance to support Infinity’s collaboration with Orivium Global Pte Ltd. This partnership aims to enhance resource efficiency and environmental outcomes at the Cangai assets using Orivium’s Super Oxidiser technology. Additionally, the company has seen a change in leadership, with Mr. Cameron Petricevic becoming the new Chair, as part of a broader strategy to align with shareholder interests and drive sustainable growth.
Infinity Mining Limited’s quarterly report highlights continued exploration efforts in its gold-copper projects in New South Wales and Victoria. Notable findings include high gold assays from the Sir Walter Scott prospect and promising results from re-assaying stream sediment samples at Tanjil Bren. The company has also identified numerous historical mine workings at the Monkey Gully Gold Project, prioritizing further exploration in this area. The surrender of the Weld River project in Tasmania allows Infinity to concentrate on higher-priority targets in NSW and VIC, potentially enhancing its market positioning and exploration outcomes.
Infinity Mining Limited’s recent quarterly cash flow report indicates a net cash outflow from operating activities of $143,000 and $389,000 year-to-date, primarily due to expenses in exploration, evaluation, and administrative costs. The company also reported a net cash outflow from investing activities of $114,000 for the quarter, with financing activities resulting in a net cash outflow of $34,000. These financial movements reflect the company’s ongoing investment in its exploration projects and the challenges of managing operational costs, impacting its cash reserves and financial strategy.