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Rimfire Pacific Mining Limited (AU:RIM)
ASX:RIM
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Rimfire Pacific Mining Limited (RIM) AI Stock Analysis

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AU:RIM

Rimfire Pacific Mining Limited

(Sydney:RIM)

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Neutral 51 (OpenAI - 5.2)
Rating:51Neutral
Price Target:
AU$0.02
▲(100.00% Upside)
The score is held down primarily by weak financial performance (recurring losses and persistent cash burn) and a loss-driven, negative P/E that limits valuation support. These are partially offset by a low-debt balance sheet and constructive technical momentum with the price above major moving averages and a positive MACD.
Positive Factors
Low leverage / negligible debt
Near-zero debt materially lowers solvency risk and gives management financial flexibility to fund exploration or capital needs without immediate refinancing. This durable balance-sheet strength increases survival odds during prolonged cash burn and supports strategic optionality.
Growing equity base
Rising shareholder equity over time strengthens the company’s asset base, enhancing creditworthiness and capacity to fund projects from internal capital. A stronger equity cushion absorbs losses and supports long-term project development and partnerships without immediate reliance on debt.
Improving free cash flow trend
Improvement in free cash flow in 2025 versus 2024 signals operating progress and a move toward cash generation. If sustained, this reduces external funding needs, lengthens runway, and improves the firm’s ability to invest in development or remediate prior cash burn structurally.
Negative Factors
Persistent unprofitability
Consistent negative EBIT and net losses indicate the business is not yet generating operating profits, eroding equity and limiting reinvestment capability. Persistent unprofitability increases dependency on external capital and undermines long-term shareholder value creation if unresolved.
Structural operating cash burn
Operating cash flow negative in every year shows structural cash burn; free cash flow remains mostly negative. Long-term negative cash generation forces recurring financing, raising dilution or refinancing risks, and constrains ability to sustain or expand core operations.
Inconsistent and minimal revenue base
Highly inconsistent revenue, including multiple zero-revenue years and a recent sharp decline, means the company lacks a durable revenue base. This volatility hampers forecasting, margin scaling, and the ability to demonstrate sustainable demand to investors or partners.

Rimfire Pacific Mining Limited (RIM) vs. iShares MSCI Australia ETF (EWA)

Rimfire Pacific Mining Limited Business Overview & Revenue Model

Company DescriptionRimfire 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 MoneyRimfire 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, highly inconsistent revenue (including multiple zero-revenue years and a sharp decline in the latest annual period), and persistently negative operating and free cash flow indicating ongoing cash burn. The main support is a low-leverage balance sheet with effectively no debt and meaningful equity, reducing near-term solvency risk.
Income Statement
9
Very Negative
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
62
Positive
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
18
Very Negative
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.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue-13.96K64.79K0.000.000.00600.00K
Gross Profit-24.14K64.79K-20.02K-29.53K-56.27K563.00K
EBITDA-2.20M-5.01M-1.44M-785.00K-856.68K-336.70K
Net Income-2.35M-5.25M-1.46M-814.00K-913.00K-374.00K
Balance Sheet
Total Assets18.88M20.12M17.66M16.96M16.28M17.36M
Cash, Cash Equivalents and Short-Term Investments631.09K947.09K187.67K377.23K271.51K1.57M
Total Debt0.000.000.000.009.23K9.23K
Total Liabilities881.20K2.31M437.98K619.25K602.24K846.21K
Stockholders Equity18.00M17.82M17.22M16.34M15.68M16.52M
Cash Flow
Free Cash Flow-2.83M-5.37M-3.23M-3.02M-3.08M-2.17M
Operating Cash Flow-1.56M-3.21M-1.23M-153.39K-955.48K-385.72K
Investing Cash Flow-1.38M-1.84M-889.55K-887.13K-330.95K-851.72K
Financing Cash Flow2.37M5.81M1.93M1.15M-9.54K2.49M

Rimfire Pacific Mining Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.01
Price Trends
50DMA
0.01
Positive
100DMA
0.01
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Negative
RSI
60.66
Neutral
STOCH
106.67
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 0.01, and below the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.66 is Neutral, neither overbought nor oversold. The STOCH value of 106.67 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
61
Neutral
AU$33.50M0.32239.14%270.27%
52
Neutral
AU$64.23M-8.58-17.91%-213.85%
51
Neutral
AU$55.32M-9.09-29.96%-214.29%
51
Neutral
AU$38.59M-19.42-16.69%-11.01%
46
Neutral
AU$157.75M-46.82-31.71%
46
Neutral
AU$40.87M-22.63-12.26%26.92%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:RIM
Rimfire Pacific Mining Limited
0.02
-0.02
-44.44%
AU:IDA
Indiana Resources Limited
0.05
0.02
77.78%
AU:FEG
Far East Gold Ltd
0.18
-0.02
-7.89%
AU:MM1
Midas Minerals Limited
0.81
0.74
1057.14%
AU:LDR
Lode Resources Ltd
0.24
0.14
155.43%
AU:GSN
Great Southern Mining Limited
0.04
0.03
152.94%

Rimfire Pacific Mining Limited Corporate Events

Rimfire Uncovers Significant Gold–Antimony Target at Broken Hill’s Windy Ridge Prospect
Jan 18, 2026

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
Jan 13, 2026

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
Jan 6, 2026

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
Dec 30, 2025

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
Dec 17, 2025

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
Dec 15, 2025

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
Dec 4, 2025

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.

Rimfire Pacific Mining Limited Announces AGM Results
Nov 18, 2025

Rimfire Pacific Mining Limited held its Annual General Meeting on November 18, 2025, where all resolutions were carried. Key resolutions included the adoption of the Remuneration Report, the re-election of Mr. Ian McCubbing as a director, and the approval of a 10% additional placement capacity. These outcomes reflect strong shareholder support for the company’s current management and strategic direction, potentially enhancing its operational capabilities and market positioning.

Rimfire Pacific Mining Advances Scandium Exploration in NSW
Nov 17, 2025

Rimfire Pacific Mining Limited held its Annual General Meeting on November 18, 2025, highlighting its ongoing efforts in scandium exploration in New South Wales. The announcement underscores the company’s commitment to building a significant presence in the scandium market, which is crucial for technological and industrial applications. The meeting also emphasized the expertise of key personnel involved in the exploration and resource estimation processes, which is vital for the company’s strategic positioning and potential impact on stakeholders.

Rimfire Pacific Mining Launches Drilling Program at Murga Exploration Target
Nov 17, 2025

Rimfire Pacific Mining Limited has commenced an infill air core drilling program at the Murga Exploration Target, located near Sunrise Energy Metals’ Syerston Scandium Deposit in central New South Wales. This initiative is expected to enhance the company’s resource estimates by March 2026 and strengthen its position in the scandium market. Following this, the company plans to explore its Rabbit Trap Scandium Project, marking its first drilling of scandium-prospective anomalies, which could potentially impact its future operations and market standing.

Rimfire Divests Cowal Project to Focus on Scandium Exploration
Nov 6, 2025

Rimfire Pacific Mining Limited announced that Altitude Minerals has exercised its option to acquire the Cowal Project for a total transaction value of $700,000, contingent on achieving certain milestones. This divestment allows Rimfire to concentrate on its core scandium exploration activities, with an air core drilling program set to commence at the Murga Exploration Target. The transaction ensures Rimfire retains a stake in any potential future gains from the Cowal Project through its shareholding in Altitude and milestone payments, thereby maintaining a strategic interest while focusing on expanding its scandium resource base.

Altitude Minerals Completes Strategic Acquisitions in Australia and USA
Nov 5, 2025

Altitude Minerals Ltd, listed on the ASX under the ticker ATT, has completed the acquisition of two significant projects: the Theseus Project in New South Wales, Australia, and the Firenze Project in Nevada, USA. These acquisitions enhance the company’s portfolio in regions known for world-class mining operations. The completion of these acquisitions, following shareholder approval, involves strategic financial transactions including cash and share payments. This move is expected to strengthen Altitude’s position in the mining industry by securing promising assets in top-tier mining jurisdictions.

Rimfire Pacific Mining to Commence Infill Drilling at Murga Exploration Target
Oct 31, 2025

Rimfire Pacific Mining Limited has announced the commencement of an infill air core drilling program at the Murga Exploration Target, located near the Syerston Scandium Deposit in Australia’s Fifield District. This initiative aims to convert the exploration target into a mineral resource, potentially expanding Rimfire’s existing scandium resource inventory. The drilling, which is self-funded by Rimfire due to a lack of support from its exploration partner, Golden Plains Resources, is expected to enhance the company’s resource base and strengthen its position in the scandium market. The results of this drilling program are anticipated to be available by the March 2026 quarter, with subsequent drilling planned at the Rabbit Trap Scandium Project.

Rimfire Pacific Mining Announces Director’s Interest Change
Oct 29, 2025

Rimfire Pacific Mining Limited announced a change in the director’s interest, specifically regarding Mr. Ian James McCubbing. The change involves the acquisition of 3,000,000 fully paid ordinary shares and 3,000,000 unlisted options, which were issued as part of a Tranche 2 Placement approved by shareholders. This adjustment in holdings reflects strategic participation in the company’s capital raising efforts, potentially impacting its financial structure and market perception.

Rimfire Pacific Mining Cancels Proposed Securities Issuance
Oct 28, 2025

Rimfire Pacific Mining Limited announced the cancellation of a previous securities issuance under a cleansing prospectus, as the offer closed without any shares being issued. This decision may impact the company’s capital raising strategies and market positioning, as it indicates a shift in their approach to secondary trading facilitation.

Rimfire Expands Scandium Resources Amid Global Supply Concerns
Oct 27, 2025

Rimfire Pacific Mining Limited announced a significant expansion of its scandium resource inventory, with a maiden Mineral Resource estimate for the Currajong prospect, increasing its scandium resources by 61%. This development aligns with Rimfire’s strategy to establish a globally significant scandium resource in New South Wales, amidst global supply concerns due to Chinese export restrictions. Additionally, Rimfire has identified new base metal drill targets at its Broken Hill Base Metal Project and is considering various commercial options to enhance shareholder value.

Rimfire Pacific Mining Expands Market Presence with New Securities Quotation
Oct 22, 2025

Rimfire Pacific Mining Limited has announced the quotation of 34,333,333 ordinary fully paid securities on the ASX, effective October 22, 2025. This move follows previous transactions and is part of the company’s strategy to enhance its market presence and operational capacity, potentially impacting its stakeholders by increasing liquidity and investment opportunities.

Rimfire Pacific Mining Announces Proposed Securities Issue
Oct 22, 2025

Rimfire Pacific Mining Limited has announced a proposed non-pro rata offer of securities, intending to issue up to 5,882 ordinary fully paid shares. This move is part of a strategic effort to raise capital under a disclosure document or product disclosure statement, with the securities expected to be quoted on the ASX. The announcement indicates a step towards strengthening the company’s financial base, potentially impacting its operational capabilities and market positioning.

Rimfire Pacific Mining Limited Announces New Share and Options Offers
Oct 22, 2025

Rimfire Pacific Mining Limited has announced a prospectus for a Cleansing Offer and a Placement Options Offer. The company is offering up to 5,882 shares at $0.017 per share and up to 233,333,335 placement options with an exercise price of $0.03, expiring on October 28, 2027. These offers are not underwritten and are considered speculative investments, indicating a potential high-risk, high-reward opportunity for investors.

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.Date of analysis: Jan 13, 2026