Resource Mining Corporation Limited (AU:RMI)
ASX:RMI
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RMI Stock Chart & Stats
AU$0.03
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.03
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.01 - AU$0.12
Previous CloseN/A
Volume281.00
Average Volume (3M)1.33M
Market Cap
AU$106.91M
Enterprise ValueAU$84.74M
Total Cash (Recent Filing)AU$557.68K
Total Debt (Recent Filing)AU$87.06K
Price to Earnings (P/E)―
Beta2.50
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding929,609,860
10 Day Avg. Volume841,896
30 Day Avg. Volume1,334,585
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.88
Price to Sales (P/S)4226.37
P/FCF Ratio-12.42
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
Bulls Say, Bears Say
Bulls Say
Low LeverageVery low debt versus equity materially lowers refinancing and solvency risk over time. This structural strength gives the company flexibility to endure extended losses, pursue strategic investments or acquisitions with less immediate financing pressure, and supports long-term operational resilience.
Improved CapitalizationMeaningfully higher equity and asset base improves the firm’s financial buffer and capacity to fund operations or growth without immediate external dilution. Stronger capitalization enhances credibility with counterparties and provides a longer runway to execute a path to sustainable revenue.
Narrowing LossesMaterial reduction in losses versus prior years signals progress in cost control or early revenue traction. If sustained, this structural improvement reduces cash burn, lowers the frequency/size of future capital raises, and increases the probability of reaching break-even within a multi-quarter horizon.
Bears Say
Persistent LossesOngoing operating and net losses indicate the business has not yet proven durable profitability. Persistent negative earnings erode returns to equity, constrain reinvestment capacity, and make the company reliant on external capital, raising dilution and execution risk over the medium term.
Negative Cash FlowConsistent negative operating and free cash flow means the business is not self-funding. This structural cash generation weakness increases dependence on financing, limits ability to invest in scaling, and elevates liquidity risk if capital markets tighten or operational setbacks occur.
Very Small Revenue BaseA very small revenue base makes margins volatile and makes fixed-cost absorption difficult. Without demonstrable, scalable revenue growth the firm may struggle to achieve sustainable margins, undermining long-term profitability and making forecastability and planning more uncertain.
Resource Mining Corporation Limited News
RMI FAQ
What was Resource Mining Corporation Limited’s price range in the past 12 months?
Resource Mining Corporation Limited lowest share price was AU$0.01 and its highest was AU$0.12 in the past 12 months.
What is Resource Mining Corporation Limited’s market cap?
Resource Mining Corporation Limited’s market cap is AU$106.91M.
When is Resource Mining Corporation Limited’s upcoming earnings report date?
Resource Mining Corporation Limited’s upcoming earnings report date is Sep 25, 2026 which is in 95 days.
How were Resource Mining Corporation Limited’s earnings last quarter?
Resource Mining Corporation Limited released its earnings results on Mar 13, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Resource Mining Corporation Limited overvalued?
According to Wall Street analysts Resource Mining Corporation Limited’s price is currently Overvalued.
Does Resource Mining Corporation Limited pay dividends?
Resource Mining Corporation Limited does not currently pay dividends.
What is Resource Mining Corporation Limited’s EPS estimate?
Resource Mining Corporation Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Resource Mining Corporation Limited have?
Resource Mining Corporation Limited has 929,609,860 shares outstanding.
What happened to Resource Mining Corporation Limited’s price movement after its last earnings report?
Resource Mining Corporation Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 3.448%.
Which hedge fund is a major shareholder of Resource Mining Corporation Limited?
Currently, no hedge funds are holding shares in AU:RMI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Resource Mining Corporation Limited Stock Smart Score
Neutral
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Blogger Sentiment
Bullish
AU:RMI Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
-18.09%
Trailing 12-Months
Asset Growth
14.50%
Trailing 12-Months
Company Description
Resource Mining Corporation Limited
Resource Mining Corporation Limited specializes in mineral exploration, primarily targeting deposits of nickel, lithium, and cobalt. The company currently holds an interest in Tanzania's Kabulwanyele nickel project, which is covered by two granted licenses spanning approximately 20.5 square kilometers. Additionally, RMC has an option to acquire a full 100% ownership of several other ventures: the Roussakero Nickel, Hirvikallio Lithium, and Kola Lithium projects located in Finland, as well as the extensive Massive Nickel project in Tanzania. The Tanzanian Massive Nickel project itself encompasses the Kabanga North Nickel, Kapalagula, and Southern projects. Resource Mining Corporation Limited was founded in 1984 and is headquartered in West Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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