Resource Mining Corporation Limited (AU:RMI)
ASX:RMI
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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$0.05
Previous CloseN/A
Volume281.00
Average Volume (3M)1.33M
Market Cap
AU$40.05M
Enterprise ValueAU$39.58M
Total Cash (Recent Filing)AU$557.68K
Total Debt (Recent Filing)AU$87.06K
Price to Earnings (P/E)―
Beta2.54
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 / Stronger Balance SheetA very low-debt balance sheet provides durable financial flexibility: it reduces near-term refinancing risk, preserves optionality for opportunistic project spend or partnerships, and lengthens runway to execute restructuring or commercialization plans over the next months.
Narrowing Losses Vs Prior YearsMaterial narrowing of losses indicates management progress on costs or revenue initiatives. If sustained, this trend reduces cumulative cash burn, improves investor confidence, and increases the probability of reaching break-even or smaller financing rounds instead of larger dilutive raises.
Improving Cash Burn TrendA demonstrable reduction in cash burn is a durable operational improvement: it extends the company’s runway, lowers urgent financing needs, and allows management to prioritize value-creating initiatives rather than survival measures over the medium term.
Bears Say
Persistent Negative Cash FlowConsistent negative operating and free cash flow forces reliance on external capital to fund operations. That dependence increases dilution or financing costs, constrains strategic choices, and limits the company’s ability to self-fund growth or absorb shocks over the coming months.
Ongoing Losses And Deep Negative MarginsSustained losses and deeply negative margins from a very small revenue base imply the business model has not scaled. Until revenue grows materially, margins will remain volatile and profitability distant, requiring continued capital and limiting long-term sustainability.
Negative Returns On EquityNegative ROE across consecutive years signals capital is not generating returns, weakening investor appetite for new equity. Even with low debt, persistent negative ROE can raise the cost of raising equity and increase the likelihood of dilutive financings or constrained growth.
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$0.05 in the past 12 months.
What is Resource Mining Corporation Limited’s market cap?
Resource Mining Corporation Limited’s market cap is AU$40.05M.
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 147 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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