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Nimy Resources Limited
(Sydney:NIM)
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Rating:43Neutral
Price Target:
AU$0.04
▲(5.00% Upside)
Action:Reiterated
Date:07/02/26
The score is primarily constrained by weak financial performance (no revenue, ongoing losses, and continued cash burn), with additional pressure from bearish technicals (below key moving averages and negative MACD). Low leverage and improved capitalization provide some risk mitigation, but a negative P/E and no dividend data limit valuation support.
Positive Factors
Low Leverage
Very low reported debt materially reduces solvency and interest-rate vulnerability for an exploration junior. Over 2–6 months this provides durable financial flexibility to continue programs, negotiate farm-ins or staged JV funding, and avoid near-term distress tied to borrowing costs.
Negative Factors
No Revenue & Ongoing Losses
Zero operating revenue and a materially negative net loss profile indicate the company lacks an established cash-generating business. Over months this limits internal funding capacity, increases dependence on capital markets, and raises execution risk if financing conditions tighten or projects underperform.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low reported debt materially reduces solvency and interest-rate vulnerability for an exploration junior. Over 2–6 months this provides durable financial flexibility to continue programs, negotiate farm-ins or staged JV funding, and avoid near-term distress tied to borrowing costs.
Read all positive factors
Nimy Resources Limited (NIM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$15.71M
Dividend YieldN/A
Average Volume (3M)1.14M
Price to Earnings (P/E)―
Beta (1Y)1.87
Revenue GrowthN/A
EPS Growth-351.39%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding356,960,100
10 Day Avg. Volume2,063,098
30 Day Avg. Volume1,140,008
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)2.07
Price to Sales (P/S)0.00
P/FCF Ratio-3.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.20Price Target Upside400.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nimy Resources Limited Business Overview & Revenue Model
Company Description
Nimy Resources Limited is an Australian mineral exploration company primarily focused on discovering and bringing to fruition a commercially viable nickel-sulfide project within Australia. The company actively explores for a range of valuable comm...
How the Company Makes Money
Nimy Resources Limited does not appear to generate revenue from selling products or services in the way an operating mining company does; details of recurring operating revenue streams are null. As an exploration-stage company, it typically funds ...
Nimy Resources Limited Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -1.25M | 0.00 | 0.00 | 0.00 | 2.07K | 90.52K |
| Gross Profit | -1.28M | 0.00 | 0.00 | 0.00 | 2.07K | 90.52K |
| EBITDA | -3.75M | -2.83M | -1.66M | -6.07M | -5.63M | -670.92K |
| Net Income | -6.90M | -6.10M | -2.61M | -6.14M | -5.88M | -677.97K |
Balance Sheet | ||||||
| Total Assets | 16.69M | 12.42M | 1.01M | 1.08M | 3.35M | 6.56M |
| Cash, Cash Equivalents and Short-Term Investments | 6.16M | 2.10M | 547.54K | 644.40K | 2.88M | 6.54M |
| Total Debt | 0.00 | 8.78K | 13.34K | 26.95K | 0.00 | 346.35K |
| Total Liabilities | 4.88M | 5.13M | 862.35K | 335.56K | 509.92K | 56.64K |
| Stockholders Equity | 11.81M | 7.28M | 145.22K | 748.37K | 2.84M | 6.50M |
Cash Flow | ||||||
| Free Cash Flow | -5.46M | -4.80M | -2.30M | -5.37M | -3.91M | -675.81K |
| Operating Cash Flow | -2.88M | -2.26M | -2.27M | -5.34M | -3.62M | -625.18K |
| Investing Cash Flow | -2.10M | -1.29M | -31.68K | -23.83K | -291.42K | -50.63K |
| Financing Cash Flow | 10.41M | 5.10M | 2.20M | 3.11M | 5.82M | 1.43M |
Nimy Resources Limited Technical Analysis
Negative
0.04
Price Trends
0.04
Negative
0.05
Negative
0.06
Negative
Market Momentum
>-0.01
Positive
46.49
Neutral
-133.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NIM, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of -133.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NIM.
Nimy Resources 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% | |
60 Neutral | AU$14.83M | 7.56 | 9.37% | 8.14% | ― | -27.64% | |
59 Neutral | AU$14.24M | -3.45 | -82.83% | ― | ― | 39.02% | |
43 Neutral | AU$15.71M | -1.38 | -72.25% | ― | ― | -351.39% | |
42 Neutral | AU$12.86M | -3.32 | -380.81% | ― | ― | 2.06% | |
42 Neutral | AU$13.38M | -6.11 | -51.58% | ― | ― | 56.45% | |
41 Neutral | AU$13.86M | -0.43 | -152.86% | ― | 203.53% | 10.13% |
* Basic Materials Sector Average
AU:NIM
Nimy Resources Limited
0.04
-0.02
-35.29%
AU:GUL
Gullewa Limited
0.07
<0.01
3.03%
AU:CR1
Constellation Resources Ltd.
0.13
<0.01
7.76%
AU:WAK
WA Kaolin Ltd.
0.01
-0.04
-80.00%
AU:REE
RareX Limited
0.01
-0.01
-47.62%
AU:MGA
Metalsgrove Mining Ltd.
0.10
0.04
58.33%
Nimy Resources Limited Corporate Events
Nimy Resources Targets Gold Expansion and Gallium Breakthrough at Mons Project
Jul 22, 2026
Nimy Resources has reported strong gold soil geochemistry results at its Mons Project in Western Australia, defining a large, coherent anomaly trend along a 16km corridor that remains largely untested over an additional 85km. The highest-grade zon...
Nimy Resources Issues 3.5m Shares Under Employee Incentive Plan
Jul 7, 2026
Nimy Resources Limited has issued 3,500,000 fully paid ordinary shares after certain FY2025 short-term incentive performance rights vested for employees. The new shares, trading under ASX:NIM, form part of the company’s capital management an...
Nimy Resources Seeks ASX Quotation for 3.5 Million New Shares
Jul 7, 2026
Nimy Resources Limited has applied for the quotation of 3,500,000 new ordinary fully paid shares on the Australian Securities Exchange, under its existing issuer code NIM. The securities were issued on July 6, 2026, and the company has lodged a ne...
Nimy Resources Director Neil Warburton Increases Indirect Shareholding
Jul 6, 2026
Nimy Resources Limited has disclosed a change in the interests of director Neil Fredrick Warburton, in line with ASX listing rule requirements. The notice details adjustments to his indirect holdings through Warburton Superfund Pty Ltd and Michlan...
Nimy Resources denies undisclosed news behind sharp share price move
Jun 29, 2026
Nimy Resources has responded to an ASX price and volume query after its shares fell from A$0.05 to as low as A$0.027 amid unusually high trading volumes. The company states it is not aware of any undisclosed information that could explain the trad...
Nimy outlines second major gold anomaly at Mons Project in WA
Jun 17, 2026
Nimy Resources has identified a second large gold-in-soil anomaly at its Mons Project in Western Australia, located 3.6km south-west of the original Corporate James Gold Prospect. The new anomaly, which shares a similar spatial relationship to the...
Nimy maps 16km gold corridor at Mons as Corporate James prospect takes priority
Jun 8, 2026
Nimy Resources has identified several strong gold-in-soil anomalies over a roughly 16km corridor at its Mons Project in Western Australia, including the newly named Corporate James prospect, following analysis of more than 9,000 Ultrafine regolith...
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.