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Red Mountain Mining Ltd
(Sydney:RMX)
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Rating:41Neutral
Price Target:
AU$0.01
▼(-50.00% Downside)
Action:Reiterated
Date:06/20/26
The score is weighed down primarily by weak financial performance (minimal revenue, ongoing losses, and negative free cash flow) and a clearly bearish technical setup (price below major moving averages with negative MACD). Valuation provides limited support because earnings are negative and dividend yield is unavailable.
Positive Factors
Low Leverage
A debt-to-equity near 0.19 materially reduces solvency pressure versus highly levered peers. Over the next 2–6 months this lowers interest and covenant risk, preserves access to credit lines, and gives management flexibility to fund exploration or bridge financing without immediate refinancing stress.
Negative Factors
Minimal Revenue Base
A revenue base of ~22.6k is too small to absorb fixed costs or fund development. Over a multi-month horizon this constrains internal funding for exploration and project scaling, meaning the company remains highly dependent on external capital to transition from development to sustainable production.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
A debt-to-equity near 0.19 materially reduces solvency pressure versus highly levered peers. Over the next 2–6 months this lowers interest and covenant risk, preserves access to credit lines, and gives management flexibility to fund exploration or bridge financing without immediate refinancing stress.
Read all positive factors
Red Mountain Mining Ltd (RMX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$10.44M
Dividend YieldN/A
Average Volume (3M)38.33M
Price to Earnings (P/E)―
Beta (1Y)1.35
Revenue GrowthN/A
EPS Growth13.04%
CountryAU
Employees40
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,044,131,700
10 Day Avg. Volume37,534,253
30 Day Avg. Volume38,332,570
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)3.06
Price to Sales (P/S)188.48
P/FCF Ratio-4.17
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
Red Mountain Mining Ltd Business Overview & Revenue Model
Company Description
Red Mountain Mining Limited is an exploration and development company focused on mineral assets, primarily within Australia. Its Australian portfolio includes the Mt Maitland gold project, an interest spanning 62 square kilometers situated north o...
Red Mountain Mining Ltd Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
52
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 22.62K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -87.50K | 22.62K | -84.62K | -88.05K | -147.47K | -147.47K |
| EBITDA | -2.85M | -1.67M | -2.66M | -4.30M | -1.30M | -1.53M |
| Net Income | -3.83M | -2.56M | -2.76M | -4.40M | -1.45M | -1.68M |
Balance Sheet | ||||||
| Total Assets | 4.90M | 2.15M | 2.50M | 3.29M | 4.72M | 3.87M |
| Cash, Cash Equivalents and Short-Term Investments | 2.18M | 274.46K | 479.75K | 1.03M | 1.66M | 1.87M |
| Total Debt | 72.60K | 268.47K | 107.15K | 196.83K | 29.49K | 679.24K |
| Total Liabilities | 431.39K | 755.33K | 218.18K | 497.40K | 165.28K | 1.05M |
| Stockholders Equity | 4.47M | 1.39M | 2.28M | 2.79M | 4.56M | 2.81M |
Cash Flow | ||||||
| Free Cash Flow | -1.52M | -1.02M | -2.47M | -2.19M | -2.31M | -2.37M |
| Operating Cash Flow | -1.52M | -1.02M | -1.01M | -1.05M | -1.17M | -1.24M |
| Investing Cash Flow | -673.75K | -523.81K | -1.46M | -1.20M | -1.14M | -778.62K |
| Financing Cash Flow | 4.22M | 1.39M | 1.92M | 1.57M | 2.23M | 2.31M |
Red Mountain Mining Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | AU$12.76M | -5.19 | -11.93% | ― | ― | ― | |
46 Neutral | AU$12.30M | 1.22 | 36.53% | ― | ― | ― | |
41 Neutral | AU$10.44M | -1.23 | -130.68% | ― | ― | 13.04% | |
41 Neutral | AU$13.11M | -0.54 | -909.92% | ― | ― | 35.57% | |
41 Neutral | AU$9.81M | 450.00 | -16.36% | ― | ― | ― | |
41 Neutral | AU$13.06M | -3.33 | -44.43% | ― | ― | -58.00% |
* Basic Materials Sector Average
AU:RMX
Red Mountain Mining Ltd
0.01
<0.01
10.00%
AU:LSR
Lodestar Minerals
0.01
>-0.01
-41.18%
AU:TRM
Truscott Mining Corporation Ltd
0.05
>-0.01
-10.00%
AU:MAG
Magmatic Resources Ltd.
0.03
-0.02
-44.00%
AU:SNG
Siren Gold Ltd
0.04
-0.01
-20.00%
AU:KAL
Kalgoorlie Gold Mining Limited
0.03
-0.01
-31.58%
Red Mountain Mining Ltd Corporate Events
Red Mountain Mining Advances NSW Antimony‑Gold Project and Adds U.S. Tungsten Asset
Jul 31, 2026
Red Mountain Mining reported solid progress over the June quarter, advancing its Armidale Antimony‑Gold Project in New South Wales and expanding its U.S. portfolio with the Pioneer Tungsten Project in Montana. The company’s exploration...
Red Mountain steps up tungsten sampling in Montana as NSW drilling nears
Jul 28, 2026
Red Mountain Mining has begun systematic rock chip sampling at its 100%-owned Pioneer Tungsten Project in Montana, targeting garnet skarn-hosted tungsten mineralisation across the Greenstone and Lost Creek claims. The work follows earlier reconnai...
Red Mountain Mining Warns RMXOK Options Approaching Expiry
Jul 24, 2026
Red Mountain Mining has notified holders of its RMXOK listed options that these securities will expire at 5:00pm WST on 14 September 2026, with an exercise price of $0.08 per option, each converting into one fully paid ordinary share. Option holde...
Red Mountain to Launch Maiden Drilling at Expanded Oaky Creek Antimony Target
Jul 8, 2026
Red Mountain Mining has identified a strong, steeply dipping induced polarisation chargeability anomaly at the Oaky Creek South prospect, extending the known antimony mineralised strike to at least 400m beneath and southwest of surface stibnite ve...
Red Mountain confirms high-grade tungsten skarn at Montana project
Jun 30, 2026
Red Mountain Mining has confirmed garnet skarn-hosted tungsten mineralisation at its 100% owned Pioneer Tungsten Project in Montana, after 30 rock chip samples from the Mammoth and Greenstone prospects returned strongly anomalous tungstate values,...
Red Mountain flags strong tungsten potential at Montana Pioneer project
Jun 8, 2026
Red Mountain Mining has identified outcropping garnet skarn at the Mammoth and Greenstone prospects within its 100%-owned Pioneer Tungsten Project in Montana, USA. The project comprises the Greenstone, Mammoth and Lost Creek claim areas along the ...
Red Mountain Mining retracts historic tungsten exploration results
May 29, 2026
Red Mountain Mining has retracted historical exploration results related to tungsten mineralisation at its Montana Tungsten Project and Tungsten Pioneer project. The company says it cannot verify the reliability of past drilling, sampling, assayin...
Red Mountain Secures Full Ownership of Montana Tungsten Project
May 27, 2026
Red Mountain Mining has exercised its option to acquire 100% of the Pioneer Tungsten Project in southwest Montana, consolidating an advanced tungsten asset that includes the Greenstone, Mammoth and Lost Creek prospects. The project is underpinned ...
Red Mountain Mining Expands Capital Base with New Share Placement
May 12, 2026
Red Mountain Mining has issued 94,235,294 fully paid ordinary shares to sophisticated and professional investors as part of a placement announced in late April, expanding its capital base without a full prospectus. The company confirmed the new sh...
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.