Rimfire Pacific Mining Limited (RIM) AI Stock Analysis

• Market Cap: AU$49.79M
• Dividend Yield: N/A
• Average Volume (3M): 4.23M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.55
• Revenue Growth: N/A
• EPS Growth: -214.29%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 2,765,977,300
• 10 Day Avg. Volume: 1,991,165
• 30 Day Avg. Volume: 4,229,538
• PEG Ratio: -0.05
• Price to Book (P/B): 3.21
• Price to Sales (P/S): 883.85
• P/FCF Ratio: -10.67
• 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: 48 Neutral
• Price Target: AU$0.02 ▲(80.00% Upside)
• Action: Reiterated Date: 03/03/26
• Date: Action: Reiterated 03/03/26

The score is primarily constrained by weak financial performance—structural losses, highly inconsistent revenue, and ongoing negative operating/free cash flow. Technicals provide some offset with mildly positive trend and momentum signals, but valuation remains unattractive given negative earnings and no dividend support.

Positive Factors

Low leverage / conservative balance sheet

Near-zero debt materially reduces solvency and interest burden, giving the company financial flexibility to fund exploration or operations through equity or internal resources. This durable strength lowers short-term insolvency risk and supports strategic optionality during prolonged cash burn periods.

Equity base has grown

An expanding equity base strengthens the balance sheet and provides a larger capital buffer against operating losses, enabling the company to sustain investments and operational programs longer without immediate solvency pressure. It also reduces near-term refinancing urgency.

Positive gross profit and improving FCF trend

A positive gross margin plus year-on-year improvement in free cash flow indicate the business can generate product-level profit and is moving toward better cash dynamics. If sustained, this trend supports a durable path to break-even and reduced external funding needs over months.

Negative Factors

Recurring net losses

Persistent annual losses and irregular or zero reported revenue signal a structural inability to generate stable top-line income. Over the medium term this erodes shareholder capital, increases reliance on financing, and threatens long-term viability unless revenues become consistently positive.

Chronic negative operating and free cash flow

Ongoing operating and free cash flow deficits create sustained cash burn, forcing dependence on external funding (equity or debt). This structural cash weakness limits reinvestment capacity, raises dilution or refinancing risk, and constrains the company's ability to scale operations over months.

Structurally negative profitability and weak ROE

Consistent negative margins and negative ROE indicate shareholder capital is not producing returns and may be eroded over time. This fundamental profitability weakness undermines long-term investor confidence and increases the likelihood of dilution or strategic restructuring if deficits persist.

Rimfire Pacific Mining Limited Business Overview & Revenue Model

Company Description

Rimfire Pacific Mining Limited engages in the exploration and evaluation of mineral deposits in Australia. The company explores for gold, copper, platinum group elements, cobalt, lead, nickel, zinc, and silver deposits. It primarily holds interests in the contiguous tenement package spanning of 915 square kilometers within the East Lachlan Fold Belt of New South Wales. The company was incorporated in 1988 and is headquartered in Melbourne, Australia.

How the Company Makes Money

Rimfire Pacific Mining Limited makes money primarily through the exploration and potential development of mineral resources. Its revenue model is focused on identifying commercially viable mineral deposits and advancing these projects to attract investment or potential sale to larger mining companies. The company's key revenue streams include securing exploration licenses and partnerships that provide funding for exploration activities. Rimfire may also enter into joint ventures or strategic partnerships with other mining companies to share exploration costs and benefit from combined expertise, which can lead to future royalty or profit-sharing arrangements if the projects proceed to production. While the company does not generate revenue from production at its current stage, its business model is based on the potential future monetization of discovered mineral resources.

Rimfire Pacific Mining Limited Financial Statement Overview

Summary

Overall financial quality is weak: recurring net losses and negative EBIT across all periods, inconsistent revenue (including zero-revenue years and a sharp decline in the latest year), and persistent negative operating and free cash flow indicating ongoing cash burn. The main support is a low-debt balance sheet with growing equity, which reduces near-term leverage risk but does not offset the lack of profitability and cash generation.

Income Statement

Performance is weak and volatile. Revenue is inconsistent (zero in multiple years, then modest revenue in 2025) and the latest annual period shows a sharp revenue decline versus the prior year. Profitability is structurally negative: EBIT and net income are losses every year provided, with very large losses in 2025 alongside deeply negative margins. A positive note is that reported gross profit is positive in 2025, but operating costs overwhelm it, keeping the company firmly loss-making.

Balance Sheet

The balance sheet looks relatively conservative on leverage. Total debt is effectively zero in recent years and debt-to-equity is near zero across the history, reducing financial risk. Equity has grown over time, supporting the asset base. The key weakness is ongoing losses, reflected in persistently negative return on equity, which suggests shareholder capital is not generating profits and could erode if losses continue.

Cash Flow

Cash generation is a major concern. Operating cash flow is negative in every year shown, and free cash flow is also consistently negative, indicating ongoing cash burn. While free cash flow shows improvement in 2025 versus 2024 (positive growth) and free cash flow has at times been less negative than net income, the company still requires funding to sustain operations and investment until it reaches a more durable revenue base.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	64.79K	0.00	0.00	0.00	600.00K
Gross Profit	64.79K	-20.02K	-29.53K	-56.27K	563.00K
EBITDA	-5.01M	-1.44M	-785.00K	-856.68K	-336.70K
Net Income	-5.25M	-1.46M	-814.00K	-913.00K	-374.00K
Balance Sheet
Total Assets	20.12M	17.66M	16.96M	16.28M	17.36M
Cash, Cash Equivalents and Short-Term Investments	947.09K	187.67K	377.23K	271.51K	1.57M
Total Debt	0.00	0.00	0.00	9.23K	9.23K
Total Liabilities	2.31M	437.98K	619.25K	602.24K	846.21K
Stockholders Equity	17.82M	17.22M	16.34M	15.68M	16.52M
Cash Flow
Free Cash Flow	-5.37M	-3.23M	-3.02M	-3.08M	-2.17M
Operating Cash Flow	-3.21M	-1.23M	-153.39K	-955.48K	-385.72K
Investing Cash Flow	-1.84M	-889.55K	-887.13K	-330.95K	-851.72K
Financing Cash Flow	5.81M	1.93M	1.15M	-9.54K	2.49M

Rimfire Pacific Mining Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.01
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RIM, the sentiment is Positive. The current price of 0.01 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 60.66 is Neutral, neither overbought nor oversold. The STOCH value of 194.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RIM.

Rimfire Pacific Mining 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%
IDA	54 Neutral	AU$23.84M	0.55	239.14%	270.27%	―	―
LDR	51 Neutral	AU$31.04M	-12.84	-16.69%	―	―	-11.01%
RIM	48 Neutral	AU$49.79M	-10.91	-29.96%	―	―	-214.29%
GSN	48 Neutral	AU$35.88M	-14.67	-12.26%	―	―	26.92%
FEG	47 Neutral	AU$58.72M	-7.78	-17.91%	―	―	-213.85%
MM1	46 Neutral	AU$191.33M	-8.05	-31.71%	―	―	―

Rimfire Pacific Mining Limited Corporate Events

Rimfire Resamples Historic Windy Ridge Core to Validate Gold-Antimony Potential

Rimfire Pacific Mining has located and resampled historic diamond drill core from its 100%-owned Windy Ridge gold-antimony prospect, about 30 kilometres southwest of Broken Hill, to validate notable historic gold intercepts and systematically assay antimony that was largely untested in the original 1970s-80s drilling. The work focuses on a 600-metre mineralised zone within a 2.5-kilometre gold corridor that remains open down dip, with assay results from the resampling program expected by early April 2026.

Management says confirmation of gold and antimony mineralisation, along with verified sulphide-bearing geology, would enhance the appeal of the broader Broken Hill Base Metals Project, especially given antimony’s designation as a priority mineral in Australia’s new Critical Minerals Strategic Reserve. Combined with Rimfire’s existing scandium assets at Fifield, the Windy Ridge program underscores the company’s strategy to build exposure to high-value precious and critical minerals, potentially strengthening its competitive position and investor appeal in the critical minerals space.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

Rimfire Advances Murga Scandium Resource With Low-Iron Processing Upside

Rimfire Pacific Mining says its maiden mineral resource estimate for the Murga scandium prospect remains on schedule for completion by the end of the March 2026 quarter, with all drilling and assay data now delivered to its resource geologist. Murga, located close to Sunrise Energy Metals’ Syerston deposit in the Fifield district, has returned multiple broad scandium intercepts from late-2025 air core drilling, supporting the conversion of the exploration target into a defined resource and potentially adding significantly to Rimfire’s existing scandium inventory.

The company reports that Murga mineralisation occurs in shallow laterite and saprolite zones with relatively low iron content, a characteristic that early studies suggest may enable the use of cheaper atmospheric leaching rather than high-pressure acid leach processing favoured by nearby projects. Rimfire plans metallurgical test work in the June 2026 quarter under process consultant Boyd Willis to evaluate these potential processing advantages, which could enhance project economics and strengthen its competitive position within the emerging scandium sector at Fifield.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

Rimfire Advances Scandium Resource Growth and Unveils New Gold–Antimony Zone

Rimfire Pacific Mining’s December 2025 quarter saw completion of major scandium-focused drilling programs at the Murga Exploration Target, part of the Fifield Earn-In Project, and its 100%-owned Rabbit Trap project, with initial Murga assays delivering broad scandium intercepts that will feed into the company’s first mineral resource estimate for Murga and potentially expand its existing scandium resource inventory at Fifield. In parallel, the company defined a 600-metre gold–antimony zone at the Windy Ridge prospect within its 100%-owned Broken Hill Base Metals Project and secured management committee approval and funding preparations for a Murga metallurgical study, developments that together strengthen Rimfire’s pipeline of critical and precious metals projects and align it with increased policy and market focus on minerals such as scandium and antimony.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

Rimfire’s Murga Drilling Delivers Broad Scandium Hits as Resource Push Intensifies

Rimfire Pacific Mining has reported the first assay results from its late‑2025 air core drilling campaign at the Murga Exploration Target in NSW’s Fifield District, delivering multiple broad scandium intercepts across shallow laterite and saprolite zones. The program, comprising 86 holes over 2,384 metres, has so far returned significant scandium grades over intervals of up to 45 metres, and the company expects remaining assays by mid‑February 2026 and aims to publish a maiden Murga mineral resource estimate by the end of the March 2026 quarter. Successful conversion of Murga from an exploration target into a defined mineral resource would materially expand Rimfire’s existing scandium resource base of 5,449 tonnes of scandium (8,333 tonnes scandium oxide) at Fifield, strengthening its status in Australia’s scandium ‘hotspot’ and underpinning further technical work, including planned metallurgical testing of the Murga mineralisation.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

Rimfire Uncovers Significant Gold–Antimony Target at Broken Hill’s Windy Ridge Prospect

Rimfire Pacific Mining has identified a significant new gold–antimony opportunity at its 100%-owned Broken Hill Base Metal Project, with historic work at the Windy Ridge prospect outlining a 2.5km gold corridor and a 600m mineralised zone that remains open down dip. Historic drilling from 40 years ago, now reassessed with an antimony focus, has returned broad intervals of gold with associated antimony, rock chip samples up to 37 g/t gold, and coincident geophysical anomalies, prompting Rimfire to evaluate commercial options for Windy Ridge and the wider Broken Hill project, including further self-funded exploration, a partnership, or divestment, as it seeks to leverage both its scandium portfolio and this emerging critical minerals opportunity in the context of rising policy support for strategic minerals such as antimony.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

Rimfire Pacific Mining Options Lapse, Streamlining Capital Structure

Rimfire Pacific Mining Limited, listed on the ASX under the code RIM, operates in the mining and exploration sector and manages a portfolio of securities forming its issued capital structure.

The company has announced the cessation of 15,266,665 options (RIMAD) with an exercise price of A$0.05 expiring 31 December 2025, which lapsed unexercised, resulting in a reduction of its outstanding convertible securities and a streamlined capital structure for existing shareholders.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

Rimfire Pacific Mining Alternate Director Increases Equity Stake Through Option Exercise

Rimfire Pacific Mining Limited has reported a change in the interests of Alternate Director Gregory Keane, who has converted 6,750,000 unquoted options into an equivalent number of fully paid ordinary shares at an exercise price of $0.0125 per share. Following the exercise of these options, Keane now holds 7,156,044 fully paid ordinary shares and 8,250,000 unquoted options directly, in addition to 6,900,000 fully paid ordinary shares held indirectly through his superannuation fund, signaling an increased direct equity stake and ongoing alignment with shareholder interests.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

Rimfire Pacific Mining Seeks ASX Quotation for 6.75 Million New Shares

Rimfire Pacific Mining Limited has applied to the ASX for quotation of 6,750,000 new fully paid ordinary shares, to be issued on 30 December 2025. The additional securities, arising from the exercise or conversion of existing instruments, will modestly increase the company’s share capital and could provide added liquidity for investors, while signalling continued corporate and exploration activity.

Rimfire Completes Drilling Program to Expand Scandium Resources

Rimfire Pacific Mining Limited has announced the completion of its infill drilling program at the Murga Exploration Target, located near prominent scandium sources in central New South Wales. The program included 86 air core holes spanning 2,384 meters, aimed at converting its exploration target into a mineral resource. With assay results expected in early 2026, the successful conversion could add significant scale to Rimfire’s existing scandium resource inventory, bolstering its industry position and growth potential.

Rimfire Completes Drilling at Rabbit Trap Scandium Project

Rimfire Pacific Mining Limited has completed a drilling program at its Rabbit Trap Scandium Project, which included 23 air core holes aimed at assessing scandium-prospective magnetic anomalies and expanding the Malamute Prospect. The drilling intersected promising ultramafic pyroxenite at the Malamute Prospect, indicating a significant scandium discovery opportunity, although assays are needed for confirmation. Challenges were encountered at two northeastern anomalies due to thick gravel and groundwater, suggesting the need for alternative drilling techniques. Results from the drill samples are expected by late January 2026, which could impact Rimfire’s operations and position in the scandium market.

Rimfire Pacific Mining Initiates Drilling at Rabbit Trap Scandium Project

Rimfire Pacific Mining Limited has commenced a fully funded drilling program at its 100% owned Rabbit Trap Scandium Project in central New South Wales. The program involves drilling 30 air core holes to explore three previously undrilled scandium-prospective magnetic anomalies and expand the Malamute Scandium Prospect. If successful, this could lead to a maiden mineral resource estimate for the Malamute Prospect, enhancing Rimfire’s strategic objective of establishing a globally significant scandium resource. The results of this drilling are expected by late January 2026, potentially impacting the company’s operations and positioning within the scandium market.