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Infinity Mining Limited (IMI) AI Stock Analysis

AU:IMI

Infinity Mining Limited

(ASX:IMI)

Select Model
Rating:37Underperform
Price Target:AUD 0.01â–²(50.00% Upside)
Action:downgraded
Date:09/30/26

The company is a pre-revenue explorer with no earnings, negative cash flow, and a rapidly shrinking asset base, which are the most significant factors driving the lowest possible score. The lack of technical data and a negative P/E ratio offer no support. The only minor mitigant is a clean balance sheet with low debt, but this does not offset the fundamental operational and financial risks.

Positive Factors
Low leverageLimited debt reduces near-term interest and refinancing pressure, giving the company more flexibility than a highly leveraged explorer. Although the balance sheet has weakened through losses, low leverage may help preserve strategic options if funding or project opportunities emerge.
Negative Factors
No reported revenuePersistent zero revenue indicates that the company has not yet demonstrated an operating income stream from its activities. This leaves results dependent on financing or other non-operating sources and makes future profitability difficult to assess until meaningful top-line generation begins.

Infinity Mining Limited (IMI) vs. iShares MSCI Australia ETF (EWA)

-20%0%20%40%60%80%100%AU:IMI0.00%EWA+14.93%Dec '25Jan '26Feb '26
Market Cap
AUD 3.49M
Dividend Yield
―
Average Volume (3M)
―
Price to Earnings (P/E)
-0.2
Beta (1Y)
-1.52
Revenue Growth
―
EPS Growth
17.72%
Country
Australia
Employees
10
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

Infinity Mining Limited Business Overview & Revenue Model

Company Description

Infinity Mining Limited is an enterprise dedicated to the exploration of various mineral properties, with a particular focus on identifying deposits rich in gold, copper, nickel, and lithium. Its significant holdings include the Pilbara projects, sit...

How the Company Makes Money

Publicly verifiable, company-specific details on Infinity Mining Limited (IMI)’s revenue model (e.g., whether it earns from mineral production/sales, exploration asset sales, farm-outs/joint ventures, royalties, or other arrangements) are not availab...

Infinity Mining Limited Financial Statement Overview

Summary

Pre-revenue exploration company with persistent operating losses and negative cash flows. The balance sheet shows a declining equity base ($4.25M) and total assets ($4.6M), though low debt (0.05 D/E) provides some stability. The reduction in cash burn is a marginal positive, but overall financial health is very weak.

Income Statement

15Very Negative

Balance Sheet

35Negative

Cash Flow

25Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue000000
Gross Profit-7,866-7,867-47.53K-99.62K-27.98K-637
EBITDA-4.22M-3.84M-999.05K-8.63M-2.14M-2.07M
Net Income-5.74M-5.74M-7.79M-8.73M-2.16M-2.07M
Balance Sheet
Total Assets4.61M4.61M6.24M8.47M16.41M17.66M
Cash, Cash Equivalents and Short-Term Investments383.34K383.34K599.43K250.79K3.32M8.24M
Total Debt217.00K217.00K256.59K322.60K047.28K
Total Liabilities356.20K356.20K406.51K604.58K371.64K187.31K
Stockholders Equity4.25M4.25M5.83M7.87M16.04M17.47M
Cash Flow
Free Cash Flow-889.91K-889.91K-1.62M-3.99M-5.75M-3.01M
Operating Cash Flow-889.91K-889.91K-897.32K-2.50M-2.27M-2.26M
Investing Cash Flow-700.34K-700.34K-622.24K-1.49M-3.48M-750.63K
Financing Cash Flow1.37M1.37M1.87M916.69K840.46K11.24M

Infinity Mining Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:IMI against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:TXRAU:TXR49NeutralAUD 4.66M-10.00-8.14%――70.59%
AU:SLZAU:SLZ43NeutralAUD 5.85M-2.42-26.87%――86.13%
AU:SRNAU:SRN41NeutralAUD 3.62M-1.40-37.96%――-37.80%
AU:GESAU:GES40UnderperformAUD 7.83M-2.94-910.57%――-17.24%
AU:KNGAU:KNG39UnderperformAUD 4.17M-8.52-3.75%――84.75%
AU:IMIAU:IMI37UnderperformAUD 3.49M-0.19-122.57%――17.72%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%100%AU:IMIAU:SRNAU:GESAU:TXRAU:SLZAU:KNGDec '25Jan '26Feb '26
AU:IMI and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:IMIInfinity Mining Limited0.010.000.00%
AU:SRNSurefire Resources NL0.02-0.01-37.04%
AU:GESGenesis Resources Limited0.010.000.00%
AU:TXRMount Burgess Mining N.L.0.010.000.00%
AU:SLZSultan Resources Ltd.0.010.0010.00%
AU:KNGKingsland Minerals Ltd.0.05-0.07-61.67%

Infinity Mining Limited Corporate Events

Infinity Mining Doubles Tanjil Dome Gold Footprint and Unveils New Good Hope Anomaly

Sep 13, 2026

Infinity Mining has doubled the footprint of the gold anomaly at its Tanjil Dome project in Victoria to 1km, with new soil and surface sampling returning grades up to 3.7 g/t gold and confirming a coherent gold-antimony-arsenic system linked to high-...

Infinity Mining Plans Substantial Issue of New Securities

Sep 7, 2026

Infinity Mining Limited has notified the ASX of a proposed issuance of new securities, including performance rights, options and ordinary fully paid shares, under a placement or similar structure. The proposed issue, scheduled for 30 September 2026,...

Infinity Mining shareholders back all AGM resolutions, bolster growth flexibility

Aug 31, 2026

Infinity Mining Limited has confirmed that all resolutions put to shareholders at its Annual General Meeting in Brisbane were passed, including the adoption of the remuneration report and the re-election and election of key directors. Shareholders al...

Infinity Mining locks in new executive consultancy agreements to bolster leadership stability

Aug 31, 2026

Infinity Mining Limited has formalised new leadership arrangements, entering into consultancy agreements for Executive Chairman Cameron Petricevic and Executive Director Kevin Woodthorpe, effective from 31 August 2026. Each executive will receive bas...

Infinity Mining Sets August Date for Brisbane AGM and Streamlines Shareholder Participation

Aug 3, 2026

Infinity Mining Limited has called its Annual General Meeting for 31 August 2026 at 10:00 a.m. AEST, to be held as a physical gathering at its Fortitude Valley venue in Brisbane, with the meeting restricted to the formal business outlined in the agen...

Infinity Mining Posts Marginal Cash Decline as Asset Sales Fund Exploration

Jul 29, 2026

Infinity Mining Limited reported a small net decrease in cash for the quarter ended 30 June 2026, with cash and cash equivalents falling from A$381,000 to A$370,000. The company’s operating activities used A$105,000 in cash, largely driven by s...

Infinity Mining outlines high-grade antimony–gold anomaly at Tanjil Dome

Jul 26, 2026

Infinity Mining has reported strong early exploration results from its Tanjil Dome Prospect in Victoria, roughly 100km from the Sunday Creek gold–antimony project. Rock chip assays from Mining One’s first program returned antimony grades...

Infinity Mining Options Lapse Clarifies Capital Structure

Jul 23, 2026

Infinity Mining Limited has notified the ASX of the expiry of 5,000,000 listed options, designated IMIAG and exercisable at $0.163, which lapsed unexercised on 21 July 2026. The cessation of these options slightly reduces the company’s potentia...

Infinity Mining flags high-grade assays at Hillside copper-silver-gold project

Jul 6, 2026

Infinity Mining has reported promising assay results from its first sampling program at the Hillside copper-silver-gold project in the Pilbara region of Western Australia. The company is focused on volcanogenic massive sulphide style mineralisation,...

Infinity Mining reports near-total copper recovery from historical Cangai stockpiles

Jul 1, 2026

Infinity Mining reported that metallurgical tests on smelter waste from its historical Cangai copper site in New South Wales achieved effectively 100% copper recovery within days using technology developed by joint venture partner Orivium. The high-g...

Infinity Mining to revise Cangai copper resource after independent review flags concerns

Jun 30, 2026

Infinity Mining Limited has disclosed material concerns over the historical JORC-compliant Mineral Resource Estimate for its recently acquired Cangai copper project in northern New South Wales. An independent geological review found validation and cu...

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.

Date of analysis: Sep 30, 2026