Nimy Resources Limited (NIM) AI Stock Analysis

• Market Cap: AU$24.39M
• Dividend Yield: N/A
• Average Volume (3M): 1.14M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.19
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 353,460,100
• 10 Day Avg. Volume: 2,063,098
• 30 Day Avg. Volume: 1,140,008
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• 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 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 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 Money

Nimy 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

Overall financial quality is weak: revenue is essentially zero in FY2024–FY2025 and losses persist (FY2025 net loss ~A$6.1M). Cash flow is a key constraint with continued operating and free cash flow burn (FY2025 FCF ~-A$4.8M). The main offset is a low-leverage balance sheet (minimal debt) and improved assets/equity in FY2025, reducing solvency risk despite negative returns.

Income Statement

The company has essentially no revenue in recent years (A$0 in FY2024 and FY2025), while losses remain persistent (net loss of ~A$6.1M in FY2025 vs ~A$2.6M in FY2024). Profitability remains deeply negative, and the FY2025 revenue line declining to zero reflects an early-stage / non-producing profile and weak operating scale. The main positive is that losses have been materially lower than FY2023 levels, but the latest year shows a re-widening of losses.

Balance Sheet

Leverage is very low (FY2025 total debt ~A$8.8K and a near-zero debt-to-equity ratio), which reduces financial risk. Total assets rose sharply to ~A$12.4M and equity increased to ~A$7.3M in FY2025, indicating improved capitalization versus FY2024. However, returns on equity are strongly negative due to ongoing losses (FY2025 return on equity around -0.84), so the balance sheet strength is currently not translating into shareholder value creation.

Cash Flow

Cash generation is weak: operating cash flow is consistently negative (about -A$2.3M in FY2025, similar to FY2024), and free cash flow is also negative and worsened in FY2025 (about -A$4.8M vs -A$2.3M). While free cash flow growth shows a sharp rebound versus the prior year (from a more moderate burn to a larger burn, creating a volatile growth rate), the underlying trend is continued cash consumption. The business is not self-funding and likely remains dependent on external capital to sustain operations and investment.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	2.07K	90.52K
Gross Profit	0.00	0.00	0.00	0.00	2.07K	90.52K
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 Assets	12.42M	12.42M	1.01M	1.08M	3.35M	6.56M
Cash, Cash Equivalents and Short-Term Investments	2.10M	2.10M	547.54K	644.40K	2.88M	6.54M
Total Debt	8.78K	8.78K	13.34K	26.95K	0.00	346.35K
Total Liabilities	5.13M	5.13M	862.35K	335.56K	509.92K	56.64K
Stockholders Equity	7.28M	7.28M	145.22K	748.37K	2.84M	6.50M
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 Flow	5.10M	5.10M	2.20M	3.11M	5.82M	1.43M

Nimy Resources Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 0.06, 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 Negative momentum. The RSI at 47.52 is Neutral, neither overbought nor oversold. The STOCH value of 51.03 is Neutral, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MRD	49 Neutral	AU$39.75M	-10.00	-106.64%	―	―	-36.36%
AIV	47 Neutral	AU$5.98M	-4.58	-38.30%	―	―	61.60%
KLR	45 Neutral	AU$22.85M	-50.00	―	―	―	―
NIM	44 Neutral	AU$24.39M	―	―	―	―	―
SLZ	43 Neutral	AU$8.78M	-0.63	-78.12%	―	―	-349.06%
PRL	38 Underperform	AU$8.27M	-5.00	-26.98%	―	―	4.35%

Nimy Resources Limited Corporate Events

Nimy Resources Partners with CSIRO for Gallium Exploration in WA

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

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

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

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

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

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

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

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

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

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

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.