Infinity Mining Limited (IMI) AI Stock Analysis

• Market Cap: AU$5.75M
• Dividend Yield: N/A
• Average Volume (3M): 2.62M
• Price to Earnings (P/E): ―
• Beta (1Y): -2.67
• Revenue Growth: N/A
• EPS Growth: 57.55%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 523,015,750
• 10 Day Avg. Volume: 4,678,771
• 30 Day Avg. Volume: 2,622,052
• PEG Ratio: <0.01
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: AU$0.01 ▲(10.00% Upside)

The score is held down primarily by very weak financial performance (no revenue, large recurring losses, and persistent negative operating/free cash flow). Technical indicators also lean bearish (negative MACD, sub-50 RSI), with only an oversold stochastic offering a modest counterbalance. Valuation is difficult to support due to a negative P/E and no dividend yield data.

Positive Factors

Low Leverage / Solvency Risk

Very low debt-to-equity (~0.04) materially reduces solvency risk and preserves financial flexibility. Over a multi-month horizon this gives management breathing room to pursue project development or restructure operations without imminent creditor pressure, supporting survival while revenues are built.

Restored Positive Equity Position

Equity has recovered from prior negative periods and is presently positive and sizable, providing a capital buffer to absorb future losses and support investments. A sustained positive equity base strengthens long-term solvency and lowers the probability of forced recapitalization over the next several months.

Improving Cash Flow Trends

Year-over-year improvement in operating and free cash flow signals early operational progress and potential cost or efficiency gains. If sustained, this trajectory can reduce external funding needs and improve the firm's ability to finance development or weather downturns over a 2–6 month horizon.

Negative Factors

No Revenue / Unproven Commercial Model

Zero reported revenue across all periods indicates the business has not commercialized products or secured market sales. This is a fundamental structural risk: without revenue the company cannot demonstrate demand, scale margins, or validate its business model over the medium term.

Negative Cash Flow and Cash Burn

Persistent negative operating and free cash flow, with cash burn exceeding accounting losses, creates an ongoing funding gap. Over months this elevates refinancing and dilution risk, forces reliance on external capital, and limits the firm’s ability to invest in growth or sustain operations without new financing.

Large Net Losses and Poor Returns

Material and recurring net losses with deeply negative ROE indicate the company is destroying shareholder capital rather than creating it. This undermines long-term investor support, hampers ability to attract non-dilutive financing, and suggests structural profitability challenges that persist without meaningful operational change.

Infinity Mining Limited Business Overview & Revenue Model

Company Description

Infinity Mining Limited explores for mineral properties. The company explores for gold, copper, nickel and lithium deposits. It holds interests in the Pilbara projects that comprise 11 exploration licenses covering an area of 697 square kilometers located in the Pilbara region of Western Australia; and the Central Goldfields project comprising of 7 prospecting licenses, two granted mining lease, and one exploration license covering an area of 13.81 square kilometers located in the Leonora region of Western Australia. The company was incorporated in 2015 and is headquartered in Milton, Australia.

How the Company Makes Money

Infinity Mining Limited generates revenue through the extraction, processing, and sale of minerals and metals. The company's primary revenue streams include selling mined commodities like gold and copper on global markets. IMI may also engage in joint ventures or partnerships with other mining firms to enhance operational efficiency and share exploration risks. Additionally, the company might secure long-term contracts with industrial clients or commodity traders to ensure stable cash flow. Factors such as fluctuating commodity prices, mining costs, and regulatory conditions significantly influence IMI's earnings.

Infinity Mining Limited Financial Statement Overview

Summary

Infinity Mining Limited is facing significant financial challenges. The company has consistently reported zero revenue, negative gross profit, and net income, indicating severe ongoing issues with profitability. The balance sheet reflects a positive stockholders' equity but a problematic debt-to-equity ratio, suggesting high leverage. Cash flow analysis reveals negative operating and free cash flows, highlighting liquidity constraints. Overall, financial stability is at risk, and improvement is critical.

Income Statement

Infinity Mining Limited has consistently reported zero revenue over the past years, highlighting a significant challenge in generating income. The company has negative gross profit and net income, indicating a lack of profitability. High and increasing operating losses are observed, with negative EBIT and EBITDA margins. This financial trajectory suggests severe difficulty in achieving operational efficiency and profitability.

Balance Sheet

The company's balance sheet shows a positive stockholders' equity, which is a strength. However, the debt-to-equity ratio is problematic given the high total debt relative to equity in prior years. Recent improvements in equity suggest some stabilization, but the low equity ratio poses a risk to financial stability. The increase in total liabilities relative to assets indicates potential leverage issues.

Cash Flow

Infinity Mining Limited reports negative operating and free cash flows, which indicate cash flow challenges. The operating cash flow to net income ratio is poor, reflecting inefficiencies in converting earnings into cash. Despite some financing activities, the company struggles to generate positive free cash flow, raising concerns about its ability to fund operations without external financing.

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

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IMI, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.07 is Neutral, neither overbought nor oversold. The STOCH value of 41.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IMI.

Infinity Mining Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TEM	47 Neutral	AU$7.71M	-4.17	-13.93%	―	―	-41.18%
AKN	45 Neutral	AU$3.60M	―	-71.65%	―	―	―
IMI	44 Neutral	AU$5.75M	-0.30	-157.99%	―	―	57.55%
SER	44 Neutral	AU$7.80M	-3.23	-29.77%	―	―	-19.23%
WYX	42 Neutral	AU$5.03M	-2.48	-39.25%	―	―	21.34%
ENT	37 Underperform	AU$5.98M	―	-46.74%	―	-100.00%	-42.86%

Infinity Mining Limited Corporate Events

Infinity Mining Options Lapse Without Exercise

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 Shareholders Back All Resolutions at General Meeting

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 Uncovers High-Grade Antimony Vein at Walhalla South

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 Releases Half-Year Financial Report

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 Announces General Meeting for December 2025

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 Issues 100 Million Shares in Strategic Move

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 Announces Quotation of 100 Million Securities

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 Updates Securities Issue Date and Broker Engagement

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 Appoints New Director

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 Announces Proposed Securities Issue

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 Secures $1 Million for Exploration and Technology Advancements

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 Initiates Trading Halt for Capital Raising Announcement

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 Partners with Orivium to Advance Cangai Project

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 Announces Board Restructuring and Strategic Collaboration

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 Reports Promising Exploration Results in Eastern Australia

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 Reports Quarterly Cash Flow Challenges

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.

Infinity Mining Unveils High-Grade Antimony Discovery at Walhalla South

Infinity Mining Limited has announced the discovery of high-grade antimony assays with anomalous gold at its Walhalla South Extended Project in Victoria. The assays, which returned significant percentages of antimony and traces of gold, are associated with a distinctive circular magnetic target that has not yet been drill tested. This discovery positions Infinity Mining strategically within a region known for gold-antimony mineralization, potentially enhancing its market position and attracting interest from stakeholders in the high-tech and renewable energy sectors.