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Nimy Resources Limited (AU:NIM)
ASX:NIM

Nimy Resources Limited (NIM) AI Stock Analysis

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AU:NIM

Nimy Resources Limited

(Sydney:NIM)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
AU$0.06
▲(0.00% Upside)
The score is primarily constrained by very weak financial performance (no revenue, ongoing losses, and sustained cash burn), only partially offset by low leverage and improved capitalization. Technical indicators are mixed but lean negative due to the stock trading below key longer-term moving averages and a negative MACD, while valuation cannot be meaningfully assessed with missing P/E and dividend yield.
Positive Factors
Strategic Partnerships
The partnership with CSIRO enhances Nimy's exploration capabilities through advanced geomorphic modeling, potentially leading to significant resource discoveries and strengthening its competitive position in the critical minerals market.
Resource Development
The update of high-grade gallium and rare earth resources positions Nimy as a key player in the critical minerals sector, potentially increasing its market value and attractiveness to investors seeking exposure to these strategic resources.
Financial Flexibility
Exceeding fundraising targets enhances Nimy's financial flexibility, enabling continued exploration and development efforts, which are crucial for long-term growth and operational sustainability in the competitive minerals industry.
Negative Factors
Cash Flow Constraints
Persistent negative cash flow indicates reliance on external funding, which can limit strategic options and increase financial risk if market conditions for raising capital deteriorate.
Revenue Absence
The absence of revenue underscores the early-stage nature of Nimy's operations, highlighting the risk of prolonged financial instability until commercial production begins.
Ongoing Losses
Continued losses reflect operational inefficiencies and the challenge of achieving profitability, which may deter investment and hinder long-term growth prospects.

Nimy Resources Limited (NIM) vs. iShares MSCI Australia ETF (EWA)

Nimy Resources Limited Business Overview & Revenue Model

Company DescriptionNimy Resources Limited, an exploration company, engages in discovering and developing an economic nickel-sulfide project in Australia. The company explores for nickel, lithium, rare earths, gold, other precious metals, and base metals. It holds a 100% interest in the MONS nickel project comprising 15 tenements that covers an area of approximately 2,564 square kilometers located within the Archean Murchison Domain of the Youanmi Terrane of the Yilgarn Craton. The company was incorporated in 2012 and is based in Perth, Australia.
How the Company Makes MoneyNimy Resources Limited makes money primarily through the exploration and potential development of nickel resources. The company generates revenue by identifying promising mining sites, conducting exploratory drilling, and defining mineral resources. These activities increase the value of the company's mineral assets, which can attract investment from larger mining companies or lead to joint ventures and partnerships. Additionally, upon successful development, the company can generate income through the sale of nickel or by licensing its mining rights to other operators. Nimy Resources' earnings are significantly influenced by nickel market demand, exploration success, and strategic industry partnerships.

Nimy Resources Limited Financial Statement Overview

Summary
Nimy Resources Limited is significantly challenged financially. The income statement shows persistent operating losses despite revenue growth. The balance sheet indicates potential financial distress with high leverage and negative equity, while cash flows are negative, signaling reliance on external funding.
Income Statement
14
Very Negative
Nimy Resources Limited shows a consistent pattern of operating losses, with negative EBIT and net income across reporting periods. Revenue has increased from previous years, but profitability remains a challenge with negative net profit and EBIT margins. The trajectory suggests difficulty in achieving sustainable revenue growth and profitability.
Balance Sheet
58
Neutral
The balance sheet reveals significant financial instability, with stockholders' equity turning negative and a high debt-to-equity ratio. The company's equity ratio has deteriorated, indicating potential financial distress. A high level of liabilities compared to assets raises concerns about leverage and financial health.
Cash Flow
22
Negative
Cash flow analysis shows negative operating and free cash flows, indicating that the company is burning through cash without generating sufficient income. Although financing cash flow is positive due to external funding, this reliance on financing raises sustainability concerns. The operating cash flow to net income ratio is unfavorable, reflecting poor cash generation relative to net losses.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.002.07K90.52K
Gross Profit0.000.000.000.002.07K90.52K
EBITDA-2.83M-2.83M-1.66M-6.07M-5.63M-670.92K
Net Income-6.10M-6.10M-2.61M-6.14M-5.88M-677.97K
Balance Sheet
Total Assets12.42M12.42M1.01M1.08M3.35M6.56M
Cash, Cash Equivalents and Short-Term Investments2.10M2.10M547.54K644.40K2.88M6.54M
Total Debt8.78K8.78K13.34K26.95K0.00346.35K
Total Liabilities5.13M5.13M862.35K335.56K509.92K56.64K
Stockholders Equity7.28M7.28M145.22K748.37K2.84M6.50M
Cash Flow
Free Cash Flow-4.80M-4.80M-2.30M-5.37M-3.91M-675.81K
Operating Cash Flow-2.26M-2.26M-2.27M-5.34M-3.62M-625.18K
Investing Cash Flow-1.29M-1.29M-31.68K-23.83K-291.42K-50.63K
Financing Cash Flow5.10M5.10M2.20M3.11M5.82M1.43M

Nimy Resources Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.06
Price Trends
50DMA
0.06
Negative
100DMA
0.07
Negative
200DMA
0.07
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
47.39
Neutral
STOCH
25.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NIM, the sentiment is Neutral. The current price of 0.06 is above the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.39 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:NIM.

Nimy Resources Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
44
Neutral
AU$22.62M
44
Neutral
AU$42.18M-11.00-106.64%-36.36%
44
Neutral
AU$23.22M-50.65
44
Neutral
AU$7.02M-0.50-78.12%-349.06%
44
Neutral
AU$5.98M-4.58-38.30%61.60%
38
Underperform
AU$5.91M-5.45-26.98%4.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NIM
Nimy Resources Limited
0.06
-0.02
-26.44%
AU:MRD
Mount Ridley Mines Limited
0.03
0.02
175.00%
AU:KLR
Kaili Resources Limited
0.16
0.12
292.50%
AU:SLZ
Sultan Resources Ltd.
0.01
<0.01
20.00%
AU:AIV
ActivEX Limited
0.02
0.01
100.00%
AU:PRL
Province Resources Ltd
0.01
-0.03
-70.73%

Nimy Resources Limited Corporate Events

Nimy Resources Partners with CSIRO for Gallium Exploration in WA
Nov 25, 2025

Nimy Resources Limited has partnered with CSIRO under the Kick-Start program to advance the Mons Project in Western Australia. This collaboration aims to develop a geomorphic model for the Block 3 Gallium Prospect using machine learning and scientific expertise to enhance the understanding of regolith types. The project seeks to improve exploration targeting models and drive future discoveries of critical resources such as gallium, nickel, copper, and rare earth elements. The initiative is supported by matched funding from the Kick-Start program, which is crucial for its success, and will integrate results into a broader research collaboration involving government, universities, and specialist consultants.

Nimy Resources Limited Announces AGM Results
Nov 19, 2025

Nimy Resources Limited held its Annual General Meeting on 19 November 2025, where the results of various motions were disclosed, including details of proxies and polls. This meeting is a significant event for the company as it provides insights into the governance and future direction, impacting stakeholders’ perceptions and the company’s strategic positioning in the market.

Nimy Resources Secures $1.38 Million R&D Tax Refund for Mons Project
Nov 19, 2025

Nimy Resources Limited announced it has received a $1.38 million research and development tax incentive refund from the Australian Federal Government for eligible expenditures at its Mons Project during the 2024/2025 financial year. This refund supports the company’s ongoing efforts to explore and develop high-grade gallium and rare earth resources, enhancing its position within the critical metals industry and potentially benefiting stakeholders by advancing the Mons Project.

Nimy Resources Updates High-Grade Gallium and Rare Earths Resource
Nov 13, 2025

Nimy Resources Limited has announced updates to its extremely high-grade gallium and rare earths resource under JORC 2012 Clause 17. The updates include detailed descriptions of exploration targets for gallium and rare earths, additional information on estimation methods, and cautionary statements. These updates are expected to enhance the company’s operational transparency and may impact its positioning in the mineral resources industry.

Nimy Resources Unveils High-Grade Gallium and Rare Earth Discovery at Mons Project
Nov 11, 2025

Nimy Resources Limited has announced a maiden JORC gallium inferred resource at its Mons Project in Western Australia, with a grade of over 100g/t Ga₂O₃ and significant rare earth elements. This discovery positions Nimy as a potential key supplier to western markets, with the resource remaining open for further exploration along strike and at depth, indicating potential for growth and increased value for stakeholders.

Nimy Resources Reports High-Grade Gallium Discoveries and Expands Exploration Efforts
Oct 31, 2025

Nimy Resources Limited has completed a reverse circulation drill campaign at its Mons Project in Western Australia, reporting high-grade gallium intervals and commencing a maiden JORC resource estimate. The company has signed MOUs with M2i Global for gallium concentrate supply into the U.S. and appointed Tony Tang as a Technical Advisor for metallurgical test work. Significant discoveries at Masson and Sneaky Squirrel include conductive EM plates and a gossanous outcrop with copper, zinc, and gold mineralization. Nimy has raised $1.72 million through a successful placement and an additional $4.88 million via an SPP to support ongoing exploration and resource development efforts, positioning itself for future growth and market participation.

Nimy Resources to Release Shares from Escrow
Oct 23, 2025

Nimy Resources Limited announced that 1,405,156 fully paid ordinary shares will be released from voluntary escrow on November 1, 2025. This release of shares could potentially impact the company’s stock liquidity and market perception, providing an opportunity for stakeholders to reassess their positions.

Nimy Resources Issues 500,000 Shares Following Incentive Vesting
Oct 23, 2025

Nimy Resources Limited has issued 500,000 fully paid ordinary shares following the fulfillment of certain vesting conditions for its FY2025 Short-term Incentive Performance Rights. This issuance was completed without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act, ensuring transparency and adherence to regulatory requirements.

Nimy Resources Limited Announces New Securities Issuance
Oct 23, 2025

Nimy Resources Limited has announced the issuance of 500,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code NIM. This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing exploration and development projects, potentially impacting its market positioning and offering new opportunities for stakeholders.

Nimy Resources Director Acquires Additional Shares
Oct 23, 2025

Nimy Resources Limited has announced a change in the director’s interest, specifically for Neil Fredrick Warburton. The change involves the acquisition of 500,000 fully paid ordinary shares at $0.06 per share, with no disposals reported. This adjustment in shareholding reflects a strategic move by the director, potentially impacting the company’s governance and shareholder interests.

Nimy Resources Limited Announces Director Change
Oct 23, 2025

Nimy Resources Limited announced the cessation of Christian Michael Price as a director as of October 19, 2025. Mr. Price holds indirect interests in the company through the Addis Super Fund, including 4,000,000 fully paid ordinary shares and 1,500,000 unquoted options. This change in directorship may impact the company’s governance and strategic direction.

Nimy Resources Exceeds Fundraising Target Amid Strong Investor Demand
Oct 21, 2025

Nimy Resources Limited successfully raised $4.88 million through a Share Purchase Plan (SPP), exceeding its initial target of $2.5 million, due to strong investor interest in its Western Australia gallium and rare earths project. The funds will be used to further develop the company’s gallium, rare earths, and base metals assets, positioning Nimy to maximize exploration opportunities and enhance its resource base.

Nimy Resources Limited Announces Quotation of New Securities on ASX
Oct 21, 2025

Nimy Resources Limited has announced the quotation of 81,450,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 22, 2025. This move is part of previously announced transactions and is expected to enhance the company’s liquidity and market presence, potentially impacting its operational capabilities and stakeholder interests positively.

Nimy Resources Limited Announces 2025 Annual General Meeting
Oct 20, 2025

Nimy Resources Limited has announced its 2025 Annual General Meeting, which will take place on 19 November 2025 at Nexia Perth. The company has decided to conduct a physical meeting and will not send out physical copies of the Notice of Meeting, which can be accessed online. Shareholders are encouraged to submit their proxy voting forms by 17 November 2025. This meeting is crucial for shareholders to discuss the company’s future strategies and operations.

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.Date of analysis: Dec 30, 2025