Resource Mining Corporation Limited (AU:RMI)
ASX:RMI
RMI Stock Chart & Stats
AU$0.03
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.03
AU$0.00(0.00%)
Day’s Range― - ―
52-Week Range<AU$0.01 - AU$0.03
Previous CloseN/A
Volume281.00
Average Volume (3M)1.33M
Market Cap
AU$28.97M
Enterprise ValueAU$28.50M
Total Cash (Recent Filing)AU$557.68K
Total Debt (Recent Filing)AU$87.06K
Price to Earnings (P/E)―
Beta2.92
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding852,109,860
10 Day Avg. Volume841,896
30 Day Avg. Volume1,334,585
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.88
Price to Sales (P/S)4226.37
P/FCF Ratio-12.42
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
Bulls Say, Bears Say
Bulls Say
Low Leverage / CapitalizationVery low debt and materially stronger equity/assets reduce solvency and refinancing risk. This durable balance-sheet strength gives the company flexibility to fund near-term operations or selective investments over the next 2–6 months without immediate pressure from lenders, supporting strategic resilience.
Narrowing LossesA material reduction in losses versus prior years signals operational progress and cost or revenue improvements. If sustained, this trend improves the likelihood of reaching break-even and supports more stable margins and funding needs over a multi-month horizon, strengthening business viability.
Reduced Cash Burn TrendA decline in cash burn versus recent years extends runway and reduces near-term funding dependency. While cash flow is not yet self-sustaining, the improvement represents a durable operational shift that can ease financing risk and enable management to execute medium-term plans with fewer urgent capital raises.
Bears Say
Ongoing Loss-MakingContinued annual losses erode retained capital and limit internal funding for growth. Persistent negative profitability constrains reinvestment, weakens return metrics, and increases the need for external capital, posing a structural challenge to achieving sustained, self-funded expansion over the coming months.
Negative Cash GenerationConsistent negative operating and free cash flow indicate the business is not yet self-funding. This structural cash shortfall raises reliance on external financing, which can dilute shareholders or constrain strategy execution, and leaves operations vulnerable if capital access tightens over the 2–6 month horizon.
Negative Returns On EquityNegative ROE across consecutive years signals that invested capital is not generating adequate returns. This reduces attractiveness to long-term investors, limits internal capital accumulation, and suggests structural profitability or business-model challenges that must be remedied to achieve durable value creation.
Resource Mining Corporation Limited News
RMI FAQ
What was Resource Mining Corporation Limited’s price range in the past 12 months?
Resource Mining Corporation Limited lowest share price was <AU$0.01 and its highest was AU$0.03 in the past 12 months.
What is Resource Mining Corporation Limited’s market cap?
Resource Mining Corporation Limited’s market cap is AU$28.97M.
When is Resource Mining Corporation Limited’s upcoming earnings report date?
Resource Mining Corporation Limited’s upcoming earnings report date is Sep 25, 2026 which is in 169 days.
How were Resource Mining Corporation Limited’s earnings last quarter?
Resource Mining Corporation Limited released its earnings results on Mar 13, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Resource Mining Corporation Limited overvalued?
According to Wall Street analysts Resource Mining Corporation Limited’s price is currently Overvalued.
Does Resource Mining Corporation Limited pay dividends?
Resource Mining Corporation Limited does not currently pay dividends.
What is Resource Mining Corporation Limited’s EPS estimate?
Resource Mining Corporation Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Resource Mining Corporation Limited have?
Resource Mining Corporation Limited has 852,109,860 shares outstanding.
What happened to Resource Mining Corporation Limited’s price movement after its last earnings report?
Resource Mining Corporation Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 3.448%.
Which hedge fund is a major shareholder of Resource Mining Corporation Limited?
Currently, no hedge funds are holding shares in AU:RMI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Resource Mining Corporation Limited Stock Smart Score
Neutral
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Fundamentals
Return on Equity
-18.09%
Trailing 12-Months
Asset Growth
14.50%
Trailing 12-Months
Company Description
Resource Mining Corporation Limited
Resource Mining Corporation Limited engages in mineral exploration activities. The company explores for nickel, lithium, and cobalt deposits. It holds an interest in the Kabulwanyele nickel project comprising two granted licenses covering an area of approximately 20.5 square kilometers located in Tanzania. The company has an option to acquire 100% interest in the Roussakero Nickel, Hirvikallio Lithium, and Kola Lithium projects located in Finland; and the Massive Nickel project consisting of the Kabanga North Nickel, Kapalagula project, and Southern projects located in Tanzania. Resource Mining Corporation Limited was incorporated in 1984 and is based in West Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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