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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$24.71M
Enterprise ValueAU$25.26M
Total Cash (Recent Filing)AU$302.18K
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta2.09
Next Earnings
Mar 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
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 CapitalizationVery low debt and materially higher equity/assets provide durable financial optionality for an exploration company. This reduces refinancing risk, supports continued funding of drill programs or project development, and gives management flexibility to time capital raises when needed.
Narrowing Losses TrendA sustained narrowing of losses across recent annual periods signals improving operational execution and cost control. If maintained, this trend increases the probability of achieving break-even and eventual profitability as projects scale or commodity exposure becomes productive.
Reduced Cash Burn Vs Prior YearsLower cash burn versus prior years demonstrates progress toward more disciplined cash management. Over a multi-month horizon this reduces near-term financing pressure, lengthens runway for exploration programs, and improves resilience while management pursues value-accretive milestones.
Bears Say
Persistent Negative Cash GenerationOngoing negative operating and free cash flow means the company remains reliant on external financing to fund operations and exploration. This structural cash deficit increases dilution or borrowing risk and constrains the firm's ability to self-fund project development over the medium term.
Loss-making With Deeply Negative MarginsSustained net losses and deeply negative margins reflect a very small revenue base and limited operating leverage. Without durable revenue growth or margin improvement, profitability is unlikely, undermining returns and making long-term value creation dependent on successful project discoveries or commodity price shifts.
Inconsistent, Volatile Free Cash FlowVolatile and inconsistent free cash flow complicates capital planning and project execution. For a resource explorer this raises execution and funding risk for multi-stage programs, increasing the likelihood of delayed milestones, timetable slippage, and more frequent capital raises.
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$24.71M.
When is Resource Mining Corporation Limited’s upcoming earnings report date?
Resource Mining Corporation Limited’s upcoming earnings report date is Mar 13, 2026 which is today.
How were Resource Mining Corporation Limited’s earnings last quarter?
Currently, no data Available
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?
Currently, no data Available
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
-18.63%
Trailing 12-Months
Asset Growth
10.93%
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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