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Red Mountain Mining Ltd
(Sydney:RMX)
Red Mountain Mining Ltd (RMX) vs. iShares MSCI Australia ETF (EWA)
Red Mountain Mining Ltd Business Overview & Revenue Model
Red Mountain Mining Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 22.62K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -84.62K | 22.62K | -84.62K | -88.05K | -147.47K | -147.47K |
| EBITDA | -962.41K | -1.67M | -2.66M | -4.30M | -1.30M | -1.53M |
| Net Income | -1.75M | -2.56M | -2.76M | -4.40M | -1.45M | -1.68M |
Balance Sheet | ||||||
| Total Assets | 2.15M | 2.15M | 2.50M | 3.29M | 4.72M | 3.87M |
| Cash, Cash Equivalents and Short-Term Investments | 325.81K | 274.46K | 479.75K | 1.03M | 1.66M | 1.87M |
| Total Debt | 268.47K | 268.47K | 107.15K | 196.83K | 29.49K | 679.24K |
| Total Liabilities | 755.33K | 755.33K | 218.18K | 497.40K | 165.28K | 1.05M |
| Stockholders Equity | 1.39M | 1.39M | 2.28M | 2.79M | 4.56M | 2.81M |
Cash Flow | ||||||
| Free Cash Flow | -1.57K | -1.02M | -2.47M | -2.19M | -2.31M | -2.37M |
| Operating Cash Flow | -509.64K | -1.02M | -1.01M | -1.05M | -1.17M | -1.24M |
| Investing Cash Flow | -523.81K | -523.81K | -1.46M | -1.20M | -1.14M | -778.62K |
| Financing Cash Flow | 1.39M | 1.39M | 1.92M | 1.57M | 2.23M | 2.31M |
Red Mountain Mining Ltd Peers Comparison
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% | |
49 Neutral | AU$33.85M | -27.03 | -51.49% | ― | ― | 5.93% | |
49 Neutral | AU$52.94M | -3.42 | -20.35% | ― | ― | 42.72% | |
46 Neutral | AU$20.90M | -2.79 | -60.89% | ― | ― | 77.62% | |
46 Neutral | AU$5.21M | -1.91 | -41.07% | ― | -100.00% | -635.94% | |
46 Neutral | AU$12.83M | -1.93 | -37.42% | ― | ― | 3.65% | |
43 Neutral | AU$24.47M | -4.48 | -137.38% | ― | ― | 40.82% |
Red Mountain Mining Ltd Corporate Events
Red Mountain Mining Limited has expanded its Utah Antimony Project through the acquisition of 19 additional claims, totaling 106 claims, following positive field results. Mapping confirmed geological similarities with a neighboring high-grade Antimony project and identified evidence of a significant epithermal system, supporting its exploration potential. The company will advance its efforts through geophysical studies and drill testing, reinforcing its positioning in the critical minerals sector and potentially enhancing shareholder and market confidence.
Red Mountain Mining Ltd (ASX: RMX) has issued 74,923,077 fully paid ordinary shares to sophisticated and professional investors, as well as shares from the conversion of performance rights. This issuance was conducted without disclosure to investors under section 708A(5)(e) of the Corporations Act 2001. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information requiring disclosure. This strategic move is likely aimed at strengthening the company’s financial position and enhancing its market operations.
Red Mountain Mining Limited has announced the quotation of 54,923,077 fully paid ordinary securities on the ASX, effective December 12, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially impacting its operational capabilities and stakeholder interests positively.
Red Mountain Mining Ltd has announced the quotation of 20 million fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code RMX. This move is part of the company’s strategic efforts to bolster its financial position and potentially expand its operations, reflecting a significant step in its growth trajectory within the mining industry.
Red Mountain Mining Ltd has announced a change in the director’s interest, specifically concerning Lincoln Liu. The change involves the acquisition of 769,231 fully paid ordinary shares and the conversion of 20 million performance rights into ordinary shares, reflecting a strategic adjustment in the director’s holdings.
Red Mountain Mining Ltd has announced the results of a technical study at its Silver Dollar Antimony Project in Idaho, revealing strong silver and gold potential with historical assays reporting up to 85.7 g/t Silver and 17.5 g/t Gold. The company plans to expand the project area and commence its maiden exploration program, aiming to capitalize on the rising silver and antimony prices. This strategic move positions RMX to enhance its portfolio in the Critical Minerals sector, aligning with the increased demand for these resources in the United States and the West.
Red Mountain Mining Ltd announced the cessation of 6,497,463 securities due to the expiry of options or other convertible securities without exercise or conversion. This cessation could impact the company’s capital structure and investor relations, signaling a potential shift in its financial strategy or market positioning.
Red Mountain Mining Ltd has announced a proposed issue of securities, including 25,961,538 unquoted options and 59,923,076 ordinary fully paid shares. This move is part of a placement or other type of issue, potentially impacting the company’s financial structure and market positioning by increasing its capital base.
Red Mountain Mining Ltd has initiated an expanded exploration program at its Armidale Antimony-Gold Project in New South Wales, Australia, with the aim of defining Antimony-Gold targets for drill testing by the first half of 2026. The company has discovered new antimony veins at the Oaky Creek prospect, enhancing its exploration prospects. Additionally, Red Mountain’s US Critical Minerals assets are progressing, with assay results expected by January 2026. A successful $1.35 million placement has bolstered the company’s financial position to support its exploration activities.
Red Mountain Mining Ltd has requested a trading halt on its securities pending an upcoming announcement related to a funding initiative. The halt is expected to last until the announcement is made or until normal trading resumes on December 4, 2025. This move indicates a significant development in the company’s financial strategy, potentially impacting its market position and stakeholder interests.
Red Mountain Mining Ltd has appointed Hall Chadwick NSW as its new auditor, replacing RSM Australia Partners, to support its aggressive growth strategy in the Critical Minerals sector. The company is focused on expanding its portfolio of high-quality Critical Minerals projects in Tier-1 US mining jurisdictions, aiming to meet the growing demand for Western supply of these minerals. The resolution of the US federal government shutdown has provided increased clarity for the company’s US expansion strategy, and further updates will be provided to shareholders as developments occur.
Red Mountain Mining Ltd has announced promising high-grade antimony results from its recent soil sampling at the Oaky Creek prospect, part of its Armidale Antimony-Gold Project. The results, which include a peak antimony value of 1,200 ppm, suggest the potential for a significant antimony-gold mineralization system. The company plans to initiate an exploration program in December to define drill targets, indicating a strategic move to enhance its positioning in the antimony-gold sector. This development aligns with Red Mountain’s exploration model and could have implications for stakeholders, given the project’s similarities to the Hillgrove deposit, Australia’s largest antimony-gold deposit.
Red Mountain Mining Ltd, a company listed on the ASX, has issued 74,314,392 fully paid ordinary shares and 50,235,294 options, as approved by its shareholders during the recent AGM. This issuance was conducted without disclosure to investors under specific sections of the Corporations Act, and the company has confirmed compliance with relevant legal provisions, indicating transparency and adherence to regulatory standards.
Red Mountain Mining Ltd has announced the quotation of 855,832 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of November 21, 2025. This move is part of the company’s strategy to enhance its financial flexibility and potentially improve its market position, impacting stakeholders by increasing the liquidity of its shares.
Red Mountain Mining Limited has announced the quotation of 60,250,769 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code RMX. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the accessibility and trade of its securities.
Red Mountain Mining Ltd has announced the application for the quotation of new securities on the ASX, including 13,207,791 ordinary fully paid shares and 50,235,294 options expiring on May 10, 2027. This move, subject to shareholder approval, is aimed at strengthening the company’s financial position and supporting its strategic initiatives in the mining sector.
Red Mountain Mining Ltd has significantly expanded its Yellow Pine Antimony Project in the Stibnite Mining District, Idaho, USA, by acquiring additional claims that increase the project size by 75%. This expansion positions the project within close proximity to major projects like Perpetua Resources’ Stibnite Gold-Antimony Project and Resolution Minerals’ Horse Heaven Gold-Antimony Project. The move is part of Red Mountain’s strategy to capitalize on the critical shortage of strategic metals and aligns with strong governmental interest in key metals, potentially enhancing the company’s market positioning and stakeholder value.
Red Mountain Mining Ltd has successfully listed on the US OTCQB market, experiencing a strong debut with a 36% rise in trading price and significant US-based investor engagement. The company is actively pursuing strategic partnerships to accelerate the development of its US and Australian Critical Minerals Portfolio, which includes promising Antimony projects in Idaho, Utah, and Australia. Red Mountain aims to capitalize on the critical shortage of strategic metals, with further updates expected on its projects and US growth initiatives following the resolution of the US Government shutdown.
Red Mountain Mining Ltd announced that all resolutions at its Annual General Meeting held on 13 November 2025 were successfully carried out by a poll. The resolutions included the adoption of the remuneration report, approval of placement capacity, and the re-election of director Mauro Piccini, among others. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives, potentially impacting its operational capabilities and market standing positively.
Red Mountain Mining Ltd has announced the issuance of 5,000,000 fully paid ordinary shares through the conversion of quoted and unquoted options. This move was made without disclosure to investors under section 708A(5)(e) of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Corporations Act and stated that no additional information is required to be disclosed. This issuance is part of the company’s ongoing efforts to manage its capital structure and could potentially impact its market positioning by increasing the number of shares available for trading.
Red Mountain Mining Ltd announced the issuance of 5,000,000 fully paid ordinary securities, which will be quoted on the ASX. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its market positioning and providing opportunities for stakeholders to engage with the company’s growth prospects.
Red Mountain Mining Ltd is advancing towards a US Stock Exchange listing on the OTCQB under the code ‘RMXFF’, aiming to enhance its strategic alignment with the US Government’s push for domestic critical minerals supply. The company has aggressively acquired US antimony assets in key mining districts and progressed its Armidale Antimony-Gold Project in Australia, positioning itself to benefit from US Federal support amid global supply concerns.
Red Mountain Mining Ltd has issued 5,511,302 fully paid ordinary shares through the conversion of options, as part of their strategy to enhance liquidity and shareholder value. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act, indicating the company’s compliance with regulatory requirements and transparency in its operations.
Red Mountain Mining Ltd has announced the quotation of 5,511,302 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 31, 2025. This move is part of the company’s strategic efforts to enhance its market presence and provide additional value to its stakeholders through the exercise of options and conversion of convertible securities.
Red Mountain Mining Ltd has bolstered its strategic position by acquiring 87 claims in the Antimony Mining District in Utah, USA, during the quarter ending September 2025. This acquisition aligns with Red Mountain’s focus on critical minerals, potentially enhancing its market position and offering new opportunities for exploration and development in a historically significant mining area.
Red Mountain Mining Ltd has reported strong results from its Armidale Antimony-Gold Project, highlighting the project’s strategic location and potential for major vein-style orogenic antimony-gold systems. The company is well-funded and supported by strategic investors, positioning itself to benefit from recent governmental commitments to critical mineral supply chains, which could enhance its exploration efforts in Australia and the United States.
Red Mountain Mining Ltd has announced the issuance of 5,853,333 fully paid ordinary shares through the conversion of options, without disclosure to investors, as per the Corporations Act 2001. This move signifies the company’s compliance with regulatory provisions and may enhance its liquidity and market presence, potentially impacting its operations and stakeholder interests.
Red Mountain Mining Ltd has announced the issuance of 5,853,333 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code RMX. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, providing additional resources for its ongoing projects and operations.
Red Mountain Mining Ltd has announced the issuance of 7,528,359 fully paid ordinary shares through the conversion of quoted and unquoted options. This issuance was conducted without disclosure to investors under section 708A(5)(e) of the Corporations Act 2001. The company has confirmed compliance with relevant provisions of the Corporations Act, ensuring transparency and adherence to legal requirements. This move may enhance the company’s liquidity and provide additional capital for its operations, potentially impacting its market position and stakeholder interests.
Red Mountain Mining Ltd has announced its Annual General Meeting, scheduled for November 13, 2025, in West Perth. The company will not send hard copies of the Notice of Meeting, urging shareholders to access it online and encouraging them to vote via proxy. This move reflects a shift towards digital communication, potentially enhancing shareholder engagement and operational efficiency.
Red Mountain Mining Ltd has announced its Annual General Meeting, scheduled for November 13, 2025, in West Perth, Australia. The meeting will address several key resolutions including the adoption of the remuneration report, approval of a 10% placement capacity, re-election of director Mauro Piccini, and the issuance of options to placement participants and the lead manager. These resolutions are significant as they will impact the company’s financial strategies and governance, potentially affecting shareholder value and the company’s market position.
Red Mountain Mining Ltd has announced promising results from rock chip sampling at its Armidale Antimony-Gold Project in New South Wales, with significant antimony and gold findings at the Oaky Creek and East Hills prospects. The company is well-positioned to benefit from increased interest in critical minerals, with exploration set to begin at its Utah Antimony Project and plans for a US stock market listing, indicating potential growth and strategic positioning in the critical minerals sector.
Red Mountain Mining Ltd has expanded its presence in Idaho, USA, by acquiring the Silver Dollar Antimony Project, increasing its footprint in the region by over 80%. The project, which includes historical antimony and gold occurrences, is strategically located near the company’s Yellow Pine Antimony Project and Perpetua Resources’ Stibnite Gold-Antimony Project. This acquisition aligns with RMX’s strategy to enhance its portfolio in the US critical metals sector, aiming to leverage internal resources for increased shareholder value. The company is well-funded to pursue exploration and assess new opportunities, positioning itself for long-term competitive advantage in the market.
Red Mountain Mining Ltd has announced the issuance of 60,133,847 fully paid ordinary shares to sophisticated professional investors as part of a placement. This issuance was conducted without disclosure under section 708A(5)(e) of the Corporations Act 2001. The company has complied with relevant provisions of the Corporations Act and confirmed there is no excluded information that needs to be disclosed. This move is likely aimed at raising capital and could impact the company’s financial position and market operations.
Red Mountain Mining Ltd has announced the quotation of 60,133,847 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code RMX. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility, potentially impacting its market positioning by increasing its capital base.
Red Mountain Mining Ltd has requested a trading halt on its securities pending a significant announcement related to an addition to its US Critical Minerals portfolio. This move indicates a strategic expansion in its operations, potentially impacting its market positioning and stakeholder interests.
Red Mountain Mining Ltd has announced the issuance of 26,744,500 fully paid ordinary shares through the conversion of Class C Performance Rights and options. This move, executed without disclosure to investors under specific provisions of the Corporations Act, reflects the company’s compliance with regulatory requirements and indicates a strategic financial maneuver to potentially enhance liquidity and shareholder value.
Red Mountain Mining Ltd has announced the issuance of 20 million fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code RMX. This move is part of the company’s strategy to leverage convertible securities, potentially enhancing its capital structure and market presence.
Red Mountain Mining Limited has announced the quotation of 6,744,500 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 3, 2025. This move is part of the company’s strategy to enhance its financial flexibility and potentially improve its market position, impacting its operations and offering potential benefits to stakeholders by increasing the liquidity of its shares.
Red Mountain Mining Ltd has announced significant findings from its exploration activities at the Oaky Creek prospect in New South Wales, with rock chip samples revealing high antimony grades of up to 39.3%. These results underscore the potential of the Oaky Creek area to host a major antimony-gold camp, with further analytical results and assay outcomes expected soon. The company is well-positioned to continue its aggressive exploration strategy following a successful funding round, which will support ongoing efforts in both Australia and North America.
Red Mountain Mining Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability. This announcement ensures stakeholders are informed about the company’s governance practices, potentially enhancing investor confidence and aligning with industry standards.