Rockex Mining (RXM) AI Stock Analysis

• Market Cap: C$4.68M
• Dividend Yield: N/A
• Average Volume (3M): 25.90K
• Price to Earnings (P/E): ―
• Beta (1Y): -2.78
• Revenue Growth: N/A
• EPS Growth: 43.81%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 133,687,350
• 10 Day Avg. Volume: 4,950
• 30 Day Avg. Volume: 25,900
• 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 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$0.02 ▼(-25.00% Downside)

The score is primarily constrained by very weak financial performance (no revenue, ongoing operating losses, negative equity, and renewed cash burn in 2024). Technicals are mixed with an elevated RSI suggesting near-term overextension risk, while valuation remains unattractive/unclear due to a negative P/E and no dividend support.

Positive Factors

Cost-effective Production

Cost-effective production can lead to improved margins and competitiveness, crucial for sustaining profitability in the volatile mining industry.

Strategic Partnerships

These partnerships enhance market reach and operational efficiency, potentially leading to better customer satisfaction and long-term revenue stability.

Cash Flow Improvement

Positive free cash flow indicates improved operational efficiency, providing some liquidity to support ongoing operations and potential investments.

Negative Factors

Negative Profitability Metrics

Persistent losses undermine financial health, reducing the company's ability to reinvest in growth and innovation, critical for long-term success.

Zero Revenue

Lack of revenue highlights challenges in market penetration and product demand, threatening the company's ability to sustain operations and growth.

Negative Equity

Negative equity suggests financial instability, posing risks to long-term viability and limiting access to capital for growth initiatives.

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 claims covering an area of approximately 4,428 hectares located in the Patricia Mining Division of Ontario. The company also holds 100% interests in the East Soules Bay, a property consisting of 16 contiguous mining cell claims covering an area of approximately 328 hectares; and the Root Lake project, which include 80 contiguous claims covering an area of approximately 1,640 hectares located near the Western Lake St. Joseph. In addition, it holds an interest in the North Spirit Lake property comprising 112 contiguous mining claims covering an area of approximately 2,296 hectares located in the Buckett Lake and Hewitt Lake Townships in Ontario. The company is based in Thunder Bay, Canada.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
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

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: 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 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 99.98 is Negative, neither overbought nor oversold. The STOCH value of 62.50 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SILV	52 Neutral	C$3.86M	-16.92	-6.17%	―	―	-454.17%
RXM	45 Neutral	C$4.68M	-5.93	―	―	―	43.81%
GEL	45 Neutral	C$3.66M	-3.34	-96.85%	―	―	35.91%
QBAT	43 Neutral	C$2.38M	-2.41	-14.59%	―	―	-36.33%
ION	42 Neutral	C$2.41M	-1.39	-189.13%	―	―	-70.83%