Nimy Resources Limited (AU:NIM)
ASX:NIM
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Nimy Resources Limited
(Sydney:NIM)
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Rating:42Neutral
Price Target:
AU$0.04
▼(-28.33% Downside)
Action:Reiterated
Date:05/30/26
The score is held down primarily by poor financial performance (no revenue, persistent losses, and ongoing cash burn). Technicals add a further headwind as the price is below key moving averages with negative MACD. Valuation is also constrained because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Very low leverage
Extremely low reported debt materially reduces short-term solvency risk and gives management flexibility to fund exploration via equity, JV or partner funding without immediate refinancing pressure. This structural strength supports continued operations through cycles.
Negative Factors
No revenue and widening losses
The company remains non-revenue generating and reported a materially larger net loss in FY2025, reflecting persistent negative operating economics. Over a multi-month horizon, continued losses erode equity value and require sustained external funding to maintain exploration activity.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low reported debt materially reduces short-term solvency risk and gives management flexibility to fund exploration via equity, JV or partner funding without immediate refinancing pressure. This structural strength supports continued operations through cycles.
Read all positive factors
Nimy Resources Limited (NIM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$15.91M
Dividend YieldN/A
Average Volume (3M)1.14M
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding353,460,100
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 Upside233.33% 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 typically generate recurring operating revenue from selling products or services while it remains in the exploration stage; instead, it is generally funded through capital raising (e.g., issuing equity) to finance e...
Nimy Resources Limited Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
58
Neutral
Cash Flow
22
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 2.07K | 90.52K |
| Gross Profit | 0.00 | 0.00 | 0.00 | 2.07K | 90.52K |
| EBITDA | -2.83M | -1.66M | -6.07M | -5.63M | -670.92K |
| Net Income | -6.10M | -2.61M | -6.14M | -5.88M | -677.97K |
Balance Sheet | |||||
| Total Assets | 12.42M | 1.01M | 1.08M | 3.35M | 6.56M |
| Cash, Cash Equivalents and Short-Term Investments | 2.10M | 547.54K | 644.40K | 2.88M | 6.54M |
| Total Debt | 8.78K | 13.34K | 26.95K | 0.00 | 346.35K |
| Total Liabilities | 5.13M | 862.35K | 335.56K | 509.92K | 56.64K |
| Stockholders Equity | 7.28M | 145.22K | 748.37K | 2.84M | 6.50M |
Cash Flow | |||||
| Free Cash Flow | -4.80M | -2.30M | -5.37M | -3.91M | -675.81K |
| Operating Cash Flow | -2.26M | -2.27M | -5.34M | -3.62M | -625.18K |
| Investing Cash Flow | -1.29M | -31.68K | -23.83K | -291.42K | -50.63K |
| Financing Cash Flow | 5.10M | 2.20M | 3.11M | 5.82M | 1.43M |
Nimy Resources Limited Technical Analysis
Negative
0.06
Price Trends
0.06
Negative
0.06
Negative
0.06
Negative
Market Momentum
>-0.01
Positive
2.23
Positive
-37.30
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 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.06, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 2.23 is Positive, neither overbought nor oversold. The STOCH value of -37.30 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% | |
45 Neutral | AU$6.25M | -1.25 | -330.13% | ― | ― | -31.15% | |
44 Neutral | AU$4.10M | -0.28 | -120.84% | ― | ― | -520.00% | |
42 Neutral | AU$15.91M | -1.39 | -184.86% | ― | ― | ― | |
42 Neutral | AU$30.55M | -14.38 | -99.27% | ― | ― | 54.55% | |
39 Underperform | AU$9.58M | -13.54 | 10.69% | ― | ― | 83.89% | |
| ― | AU$1.18M | -18.64 | -19.97% | ― | ― | 16.67% |
* Basic Materials Sector Average
AU:NIM
Nimy Resources Limited
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-40.00%
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Nimy Resources Limited Corporate Events
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...
Nimy Resources advances Mons gallium project with major extensions and U.S. market push
Apr 29, 2026
Nimy Resources has identified significant extensions to its Block 3 gallium deposit at the Mons Project in Western Australia, with geophysics indicating the host unit extends 3.5km beyond the current resource and remains open at depth. The current...
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.