Rockex Mining Corp (TSE:RXM)
:RXM
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Rockex Mining
(RXM)
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Rating:51Neutral
Price Target:
C$0.05
▲(25.00% Upside)
Action:ReiteratedDate:02/04/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, negative equity, and renewed cash burn in 2024). Technicals are a supporting factor with the stock trading above major moving averages and positive MACD, but valuation remains unattractive/unclear due to a negative P/E and no dividend information.
Positive Factors
No reported debt (low leverage)
Absence of reported debt lowers fixed interest obligations and reduces near-term solvency pressure. That preserves financial flexibility to fund operations, pursue opportunistic investments, or raise capital on better terms, supporting resilience over the next 2–6 months.
Negative Factors
No reported revenue and persistent operating losses
Lack of any reported revenue and continual operating losses indicate the core business is not generating sustainable economic value. Without durable top-line traction, the company cannot cover fixed costs, making the operating model fundamentally unsustainable absent major commercial changes.
Read all positive and negative factors
Positive Factors
Negative Factors
No reported debt (low leverage)
Absence of reported debt lowers fixed interest obligations and reduces near-term solvency pressure. That preserves financial flexibility to fund operations, pursue opportunistic investments, or raise capital on better terms, supporting resilience over the next 2–6 months.
Read all positive factors
Rockex Mining (RXM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.35M
Dividend YieldN/A
Average Volume (3M)25.90K
Price to Earnings (P/E)―
Beta (1Y)-1.24
Revenue GrowthN/A
EPS Growth43.81%
CountryCA
Employees1
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.00
Shares Outstanding133,687,350
10 Day Avg. Volume4,950
30 Day Avg. Volume25,900
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.40
Price to Sales (P/S)0.00
P/FCF Ratio-9.07
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
Rockex Mining Business Overview & Revenue Model
Company Description
Rockex Mining Corporation, an exploration stage company, engages in the exploration and evaluation of mineral properties in Canada. It holds a 100% interest in the Western Lake St. Joseph iron ore project that includes 216 contiguous mining cell c...
How the Company Makes Money
Rockex Mining generates revenue through the extraction and sale of iron ore. The company's key revenue streams include selling iron ore to steel manufacturers and other industrial clients who utilize the material in construction, automotive produc...
Rockex Mining Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -457.71K | -808.00 | -535.90K | -660.00 | -828.00 | -1.03K |
| EBITDA | -1.01M | -721.00K | -738.48K | -764.68K | -796.09K | -20.07M |
| Net Income | -954.70K | -731.00K | 450.88K | -577.63K | -796.92K | -18.49M |
Balance Sheet | ||||||
| Total Assets | 306.49K | 677.83K | 822.07K | 92.67K | 38.77K | 15.55K |
| Cash, Cash Equivalents and Short-Term Investments | 826.00 | 71.89K | 219.32K | 72.42K | 27.31K | 5.46K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.39M | 4.05M | 3.47M | 3.19M | 2.56M | 2.41M |
| Stockholders Equity | -4.09M | -3.38M | -2.64M | -3.09M | -2.52M | -2.40M |
Cash Flow | ||||||
| Free Cash Flow | -127.15K | -147.42K | 721.64K | 45.11K | -31.77K | -46.19K |
| Operating Cash Flow | -127.15K | -147.42K | 723.15K | 45.11K | -31.77K | -44.39K |
| Investing Cash Flow | 0.00 | 0.00 | -576.25K | 0.00 | 0.00 | -1.80K |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 53.63K | 50.00K |
Rockex Mining Technical Analysis
Positive
0.04
Price Trends
0.04
Positive
0.03
Positive
0.02
Positive
Market Momentum
<0.01
Negative
54.99
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RXM, the sentiment is Positive. The current price of 0.04 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.99 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RXM.
Rockex Mining 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% | |
54 Neutral | C$3.10M | -25.13 | -15.28% | ― | ― | -36.33% | |
51 Neutral | C$5.35M | -15.66 | 20.51% | ― | ― | 43.81% | |
48 Neutral | C$4.24M | 2.90 | 6.99% | ― | ― | -454.17% | |
48 Neutral | C$3.10M | -1,210.79 | -189.13% | ― | ― | -70.83% | |
43 Neutral | C$2.82M | -3.83 | -96.85% | ― | ― | 35.91% |
* Basic Materials Sector Average
TSE:RXM
Rockex Mining
0.04
0.03
300.00%
TSE:AFF
Affinity Metals
0.03
0.02
100.00%
TSE:SILV
Silver Valley Metals
0.22
0.10
83.33%
TSE:ION
Lithium ION Energy
0.05
>-0.01
-10.00%
TSE:QBAT
Quantum Battery Metals
0.43
<0.01
1.18%
TSE:GEL
Graphano Energy Ltd.
0.13
0.02
18.18%
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.