Nimy Resources Limited (AU:NIM)
ASX:NIM
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Nimy Resources Limited
(Sydney:NIM)
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Select Model
Rating:47Neutral
Price Target:
AU$0.06
▲(0.00% Upside)
Action:ReiteratedDate:03/06/26
The score is primarily constrained by very weak financial performance (no revenue, ongoing losses, and continued cash burn). Technicals are comparatively supportive with the stock trading above major moving averages, but overbought momentum signals add risk. Valuation remains challenged due to negative earnings and no dividend support.
Positive Factors
Low leverage / strong solvency
Extremely low debt materially reduces solvency and interest burden, giving management flexibility to time capital raises or negotiate farm-ins. Over a multi-month horizon this durable balance-sheet strength lowers default risk and supports continued exploration spending options.
Negative Factors
No operating revenue
Zero operating revenue is a fundamental constraint: the business cannot self-fund operations or capex from receipts. Over months this forces reliance on external financing, increases dilution risk, and means project progress depends on consistent access to capital markets or partners.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong solvency
Extremely low debt materially reduces solvency and interest burden, giving management flexibility to time capital raises or negotiate farm-ins. Over a multi-month horizon this durable balance-sheet strength lowers default risk and supports continued exploration spending options.
Read all positive factors
Nimy Resources Limited (NIM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$21.56M
Dividend YieldN/A
Average Volume (3M)1.14M
Price to Earnings (P/E)―
Beta (1Y)1.64
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)N/A
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nimy Resources Limited Business Overview & Revenue Model
Company Description
Nimy 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 ...
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
0.07
Negative
Market Momentum
>-0.01
Positive
44.25
Neutral
9.49
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 below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.25 is Neutral, neither overbought nor oversold. The STOCH value of 9.49 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% | |
47 Neutral | AU$21.56M | -0.80 | -184.86% | ― | ― | ― | |
45 Neutral | AU$16.58M | -3,062.78 | 5.86% | ― | ― | ― | |
45 Neutral | AU$5.63M | -0.39 | -330.13% | ― | ― | 61.60% | |
42 Neutral | AU$39.83M | -7.10 | -99.27% | ― | ― | -36.36% | |
41 Neutral | AU$5.85M | -0.93 | -120.84% | ― | ― | -349.06% | |
| ― | AU$4.73M | -5.50 | -26.98% | ― | ― | 4.35% |
* Basic Materials Sector Average
AU:NIM
Nimy Resources Limited
0.06
>-0.01
-14.08%
AU:MRD
Mount Ridley Mines Limited
0.03
0.02
150.00%
AU:KLR
Kaili Resources Limited
0.11
0.07
180.00%
AU:SLZ
Sultan Resources Ltd.
0.01
0.00
0.00%
AU:AIV
ActivEX Limited
0.02
>-0.01
-10.00%
AU:PRL
Province Resources Ltd
0.01
0.00
0.00%
Nimy Resources Limited Corporate Events
Nimy Resources Details Governance in Interim Half-Year Report
Mar 12, 2026
Nimy Resources Limited has released an interim financial report for the half year ended 31 December 2025, outlining its corporate structure and key governance details. The report highlights the company’s board, joint company secretaries, reg...
Nimy Resources Denies Undisclosed News Behind Share Price Surge
Mar 5, 2026
Nimy Resources has responded to an ASX price and volume query after its shares rose from A$0.061 to an intra-day high of A$0.08 on 5 March, accompanied by unusually high trading volumes. The company stated it is not aware of any undisclosed inform...
Nimy Resources Targets U.S. Investors as Mons Gallium Project Gains Strategic Relevance
Feb 27, 2026
Nimy Resources will participate in Western Australia’s Critical Minerals and Energy Partnerships Trade Mission to the U.S., where Managing Director Luke Hampson will meet investors and potential offtake partners. The company aims to advance ...
Nimy advances Mons gallium study as it targets U.S. critical minerals market
Feb 25, 2026
Nimy Resources has launched a Scoping Study on Block 3 of its Mons Gallium-Rare Earths Project in Western Australia, aimed at evaluating mining, processing, metallurgical performance and preliminary economics for a commercial-grade gallium concent...
Nimy Resources to Highlight Critical Minerals Strategy at Sydney Investor Conference
Feb 9, 2026
Nimy Resources will showcase its strategy and project portfolio at the Resources Rising Stars Summer Series Conference in Sydney on 10 February 2026, where Managing Director Luke Hampson is scheduled to present. The conference appearance underscor...
Nimy Ships First High-Grade Gallium Test Material to U.S. Partner for Processing Studies
Feb 6, 2026
Nimy Resources has dispatched its first shipment of high-grade gallium mineralised test material from the Block 3 deposit at its Mons Project in Western Australia to U.S. partner M2i Global under a collaboration aimed at building a Western-aligned...
Nimy Resources Sends First High-Grade Gallium Ore Shipment to U.S. Under M2i Global Partnership
Feb 3, 2026
Nimy Resources has shipped its first consignment of high-grade gallium ore from the Block 3 deposit at its Mons Project in Western Australia to U.S. critical minerals specialist M2i Global, marking a key step in their strategic collaboration. The ...
Nimy Flags Major Gallium Resource Growth at Mons Block 3 and Pursues Critical Minerals Funding
Feb 2, 2026
Nimy Resources has reported that a new high-resolution magnetic survey at its Block 3 gallium deposit within the Mons Project in Western Australia indicates the gallium-hosting unit continues along strike for a further 3.5km beyond the current JOR...
Nimy Resources Delivers Maiden High-Grade Gallium Resource at Mons Project and Strengthens Exploration Pipeline
Jan 30, 2026
Nimy Resources has reported a maiden JORC Inferred Resource at its Block 3 prospect within the Mons Project, outlining 7.23Mt at 102g/t gallium trioxide and associated rare earth oxides, with the resource potentially expanding to 64.3Mt at a lower...
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.