Infinity Mining Limited (AU:IMI)
ASX:IMI
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Infinity Mining Limited
(Sydney:IMI)
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Rating:41Neutral
Price Target:
AU$0.01
▲(10.00% Upside)
Action:ReiteratedDate:02/24/26
The score is primarily driven by weak financial performance (no revenue, large losses, and persistent negative free cash flow). Technical indicators also lean bearish (negative MACD and sub-40 RSI) with no clear uptrend. Valuation is constrained by ongoing losses (negative P/E) and no dividend yield.
Positive Factors
Low Leverage
Very low debt-to-equity (~0.04 in 2024–2025) materially reduces solvency and refinancing risk. For a capital-intensive miner, low leverage preserves financial flexibility to weather exploration cycles, support staged project spending, and negotiate better financing terms over the medium term.
Negative Factors
No Revenue
No reported revenue across all periods shows the company has not commercialized production or established product sales. Reliance on non-operating funding rather than customer cash flows means the business lacks a durable revenue base to fund operations or validate its underlying model in the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low debt-to-equity (~0.04 in 2024–2025) materially reduces solvency and refinancing risk. For a capital-intensive miner, low leverage preserves financial flexibility to weather exploration cycles, support staged project spending, and negotiate better financing terms over the medium term.
Read all positive factors
Infinity Mining Limited (IMI) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.48M
Dividend YieldN/A
Average Volume (3M)2.62M
Price to Earnings (P/E)―
Beta (1Y)-1.74
Revenue GrowthN/A
EPS Growth57.55%
CountryAU
Employees10
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding559,898,100
10 Day Avg. Volume4,678,771
30 Day Avg. Volume2,622,052
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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...
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 j...
Infinity Mining Limited Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
42
Neutral
Cash Flow
12
Very Negative
| 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
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
Market Momentum
>-0.01
Negative
39.07
Neutral
16.67
Positive
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 Negative momentum. The RSI at 39.07 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, 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
UnderperformOutperform
Sector (61)
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$6.45M | -2.94 | -36.71% | ― | ― | 21.34% | |
47 Neutral | AU$6.61M | -0.49 | -56.98% | ― | ― | -41.18% | |
44 Neutral | AU$11.32M | -0.10 | -30.82% | ― | ― | -19.23% | |
44 Neutral | AU$30.79M | -1.07 | -47.54% | ― | ― | ― | |
42 Neutral | AU$6.42M | -2.50 | -51.07% | ― | -100.00% | -42.86% | |
41 Neutral | AU$4.48M | -0.09 | -139.83% | ― | ― | 57.55% |
* Basic Materials Sector Average
AU:IMI
Infinity Mining Limited
0.01
-0.01
-50.00%
AU:ENT
Enterprise Metals Limited
―
―
―
AU:SER
Strategic Energy Resources Limited
0.20
0.00
0.00%
AU:TEM
Tempest Minerals Limited
0.01
>-0.01
-9.09%
AU:AKN
AuKing Mining Ltd
0.02
<0.01
80.00%
AU:WYX
Pacific Bauxite Limited
0.04
0.01
46.43%
Infinity Mining Limited Corporate Events
Infinity Mining to Release 2 Million Shares From Escrow in 2026
Feb 23, 2026
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 ma...
Infinity Mining Issues 25 Million Shares Under Cleansing Notice
Feb 9, 2026
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 confi...
Infinity Mining Seeks ASX Quotation for 25 Million New Shares
Feb 9, 2026
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 existin...
Infinity Mining Updates Director Kevin Woodthorpe’s Equity Holdings
Feb 9, 2026
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 shareholdin...
Infinity Mining Updates Director’s Indirect Equity and Performance Rights Holdings
Feb 9, 2026
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...
Infinity Mining Maintains Exploration Spend Backed by Fresh Capital Inflows
Jan 29, 2026
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 eval...
Infinity Mining Confirms High-Grade Antimony and Trials New Extraction Technology
Jan 29, 2026
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 ...
Infinity Mining Issues Over 11.8 Million New Shares Under Cleansing Notice
Jan 22, 2026
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 comp...
Infinity Mining Director Increases Indirect Stake Through Share and Option Issue
Jan 22, 2026
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...
Infinity Mining Director Increases Stake Through Share, Option and Performance Rights Issue
Jan 22, 2026
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,...
Infinity Mining Director Boosts Indirect Equity Stake Through New Securities Issue
Jan 22, 2026
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, Petricevi...
Infinity Mining Issues 55 Million Unquoted Director Incentive Rights
Jan 22, 2026
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...
Infinity Mining Seeks ASX Quotation for New Shares and Options
Jan 22, 2026
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 li...
Infinity Mining Seeks ASX Quotation for 110 Million Long-Dated Options
Jan 19, 2026
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 Jan...
Infinity Mining Seeks ASX Quotation for 30 Million New Options
Jan 19, 2026
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 company̵...
Infinity Mining Plans Major Issue of Incentive Rights, Options and Shares
Jan 14, 2026
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...
Infinity Mining Options Lapse Without Exercise
Dec 21, 2025
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...
Infinity Mining Shareholders Back All Resolutions at General Meeting
Dec 19, 2025
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. Th...
Infinity Mining Uncovers High-Grade Antimony Vein at Walhalla South
Dec 15, 2025
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 compan...
Infinity Mining Limited Releases Half-Year Financial Report
Dec 12, 2025
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, ch...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.