Rockex Mining (RXM) AI Stock Analysis

• Market Cap: C$1.34M
• Dividend Yield: N/A
• Average Volume (3M): 870.00
• Price to Earnings (P/E): ―
• Beta (1Y): -2.86
• Revenue Growth: N/A
• EPS Growth: -222.09%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 133,687,350
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 870
• PEG Ratio: 0.69
• Price to Book (P/B): 0.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -93.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 22 Underperform
• Price Target: ―

Rockex Mining's overall stock score is significantly impacted by its poor financial performance, characterized by lack of revenue and negative profitability metrics. The technical analysis provides little positive momentum, and the valuation is unattractive due to persistent losses. With no additional insights from earnings calls or corporate events, the company faces significant challenges that weigh heavily on its stock score.

Rockex Mining Business Overview & Revenue Model

Company Description

Rockex Mining (RXM) is a mining company primarily engaged in the exploration, development, and production of mineral resources, with a focus on iron ore deposits. The company operates within the mining and metals sector, leveraging its expertise in geological surveying, resource extraction, and processing to deliver high-quality iron ore for various industrial applications.

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 production, and other manufacturing activities. Additionally, Rockex Mining may enter into offtake agreements with large buyers to secure long-term sales contracts, providing a stable revenue base. By optimizing mining operations and maintaining cost-effective production processes, Rockex Mining seeks to maximize profitability and shareholder value. Strategic partnerships with logistics companies ensure efficient transportation and distribution of their products, further enhancing their market reach and earning potential.

Rockex Mining Financial Statement Overview

Summary

Rockex Mining faces substantial financial challenges, characterized by the absence of revenue, negative profitability metrics, and a precarious balance sheet with negative equity. Although there has been some improvement in cash flow, the company's financial health remains frail and requires strategic intervention to improve revenue generation and stabilize operations.

Income Statement

Rockex Mining has consistently reported zero revenue over recent periods, reflecting difficulties in generating sales. The company has experienced significant losses at multiple levels, including negative EBIT and net income, which indicate ongoing operational challenges. The gross profit margin remains negative due to the lack of revenue and high costs.

Balance Sheet

The company's balance sheet is concerning with negative stockholders' equity, indicating potential insolvency issues. Total liabilities significantly exceed total assets, leading to a negative equity ratio. While the company has no debt, the negative equity and liabilities position present substantial financial risk.

Cash Flow

Rockex Mining has managed to generate positive free cash flow in the TTM period. However, the operating cash flow to net income ratio is weak due to persistently negative net income. Despite the positive cash flow, the lack of revenue and profitability raises concerns about long-term sustainability.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-589.00K	-535.90K	-660.00	-828.00	-1.03K
	EBIT
-721.00K	-738.48K	-780.03K	88.86K	19.83M
	EBITDA
-721.00K	-738.48K	-764.68K	-796.09K	-20.07M
	Net Income Common Stockholders
-731.00K	450.88K	-375.23K	-1.24M	-18.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
71.89K	219.32K	72.42K	27.31K	5.46K
	Total Assets
677.83K	822.07K	92.67K	38.77K	15.55K
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-71.89K	-219.32K	-72.42K	-27.31K	-5.46K
	Total Liabilities
4.05M	3.47M	3.19M	2.56M	2.41M
	Stockholders Equity
-3.38M	-2.64M	-3.09M	-2.52M	-2.40M
Cash Flow		Free Cash Flow
-147.42K	721.64K	45.11K	-31.77K	-46.19K
	Operating Cash Flow
-147.42K	723.15K	45.11K	-31.77K	-44.39K
	Investing Cash Flow
0.00	-576.25K	0.00	0.00	-1.80K
	Financing Cash Flow
0.00	0.00	0.00	53.63K	50.00K

Rockex Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RXM, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.06 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RXM.

Rockex Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGD	77 Outperform	$5.22B	28.89	14.62%	―	23.61%	―
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	4.14%	2.90%	-30.49%
LGO	50 Neutral	$112.87M	―	-23.26%	―	-37.62%	-12.09%
RXM	22 Underperform	C$1.34M	―	42.02%	―	―	-222.09%