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Rimfire Pacific Mining Limited
(Sydney:RIM)
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Rating:43Neutral
Price Target:
AU$0.01
â–²(10.00% Upside)
Action:Reiterated
Date:10/02/26
The score is weighed down primarily by weak financial performance (minimal revenue, persistent losses, and sustained cash burn). Technicals add a modestly negative bias with bearish MACD and price below the 200-day average, while valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Debt-free balance sheet
Essentially no debt reduces financial risk and preserves flexibility for exploration, operations, or funding decisions. The sizable equity base and asset support provide a stronger financial foundation than the company’s loss-making profile alone would suggest over the next several quarters.
Negative Factors
Revenue is effectively absent
The lack of a consistent revenue base limits the company’s ability to absorb fixed costs and demonstrate repeatable commercial traction. Without sustained top-line generation, future growth remains dependent on developing operations rather than scaling an established revenue stream.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Essentially no debt reduces financial risk and preserves flexibility for exploration, operations, or funding decisions. The sizable equity base and asset support provide a stronger financial foundation than the company’s loss-making profile alone would suggest over the next several quarters.
Read all positive factors
Rimfire Pacific Mining Limited (RIM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$32.99M
Dividend YieldN/A
Average Volume (3M)1.82M
Price to Earnings (P/E)―
Beta (1Y)1.79
Revenue GrowthN/A
EPS Growth63.64%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding2,999,139,000
10 Day Avg. Volume1,774,624
30 Day Avg. Volume1,820,092
Financial Highlights & Ratios
PEG Ratio0.14
Price to Book (P/B)1.60
Price to Sales (P/S)0.00
P/FCF Ratio-10.35
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
Rimfire Pacific Mining Limited Business Overview & Revenue Model
Company Description
Rimfire Pacific Mining Limited is an Australian enterprise focused on identifying and evaluating mineral occurrences across the country. The firm's exploration efforts target a diverse array of metals, including gold, copper, platinum group elemen...
How the Company Makes Money
null...
Rimfire Pacific Mining Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 64.79K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -8.29K | 64.79K | -20.02K | -29.53K | -56.27K |
| EBITDA | -1.97M | -5.02M | -1.44M | -785.00K | -856.68K |
| Net Income | -2.22M | -5.25M | -1.46M | -814.00K | -913.00K |
Balance Sheet | |||||
| Total Assets | 20.24M | 20.12M | 17.66M | 16.96M | 16.28M |
| Cash, Cash Equivalents and Short-Term Investments | 583.77K | 947.09K | 187.67K | 377.23K | 271.51K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 9.23K |
| Total Liabilities | 1.27M | 2.31M | 437.98K | 619.25K | 602.24K |
| Stockholders Equity | 18.97M | 17.82M | 17.22M | 16.34M | 15.68M |
Cash Flow | |||||
| Free Cash Flow | -2.93M | -5.37M | -3.23M | -3.02M | -3.08M |
| Operating Cash Flow | -2.93M | -3.21M | -1.23M | -153.39K | -955.48K |
| Investing Cash Flow | -808.36K | -1.84M | -889.55K | -887.13K | -330.95K |
| Financing Cash Flow | 3.37M | 5.81M | 1.93M | 1.15M | -9.54K |
Rimfire Pacific Mining Limited Technical Analysis
Negative
0.01
Price Trends
0.01
Negative
0.01
Negative
0.01
Negative
Market Momentum
>-0.01
Negative
46.45
Neutral
-33.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RIM, 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 46.45 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RIM.
Rimfire Pacific Mining Limited 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% | |
50 Neutral | AU$57.90M | -10.14 | -12.51% | ― | ― | 11.90% | |
48 Neutral | AU$17.45M | 10.36 | 2.63% | ― | ― | ― | |
46 Neutral | AU$23.67M | -1.23 | -67.63% | ― | ― | ― | |
45 Neutral | AU$31.85M | -7.73 | -69.67% | ― | ― | -30.00% | |
43 Neutral | AU$32.99M | -22.00 | -11.48% | ― | ― | 63.64% | |
43 Neutral | AU$32.46M | -9.42 | -18.09% | ― | ― | -5.38% |
* Basic Materials Sector Average
AU:RIM
Rimfire Pacific Mining Limited
0.01
>-0.01
-42.11%
AU:ODE
Odessa Minerals Limited
0.02
<0.01
30.77%
AU:QML
QMines Ltd.
0.08
0.02
31.58%
AU:LDR
Lode Resources Ltd
0.09
-0.13
-60.00%
AU:BMR
Ballymore Resources Limited
0.13
-0.03
-17.72%
AU:LKY
Locksley Resources Limited
0.06
-0.42
-86.88%
Rimfire Pacific Mining Limited Corporate Events
Rimfire Pacific Mining Files Updated Corporate Governance Statement with ASX
Sep 30, 2026
Rimfire Pacific Mining Limited has confirmed that its corporate governance statement for the year ended 30 June 2026 is current as at 30 September 2026 and available on its website for investors. The statement outlines how the ASX-listed explorati...
Rimfire expands Murga scandium tests to fast-track atmospheric leaching strategy
Sep 27, 2026
Rimfire Pacific Mining has expanded its metallurgical program at the Murga Scandium Deposit to include column leach and agitated tank leach testing alongside ongoing long-term bottle roll tests. The work is aimed at evaluating atmospheric leaching...
Rimfire Pacific Mining Director Updates Interests After Option Expiry
Sep 3, 2026
Rimfire Pacific Mining Limited has disclosed a change in director Ian James McCubbing’s interests, following the expiry of a tranche of unlisted options held indirectly through Anderby QLD Pty Ltd and a related superannuation fund structure....
Rimfire Pacific Mining Appoints New Director With Performance-Linked Equity Package
Sep 3, 2026
Rimfire Pacific Mining has appointed Bronwyn Barnes as a director effective 1 September 2026, with disclosures lodged to the ASX confirming she currently holds no Rimfire securities or indirect interests. Her appointment is accompanied by a struct...
Rimfire Pacific Mining Options Lapse, Simplifying Capital Structure
Sep 3, 2026
Rimfire Pacific Mining Limited has confirmed the lapse of 25,000,000 options that expired unexercised on 30 August 2026. The cessation of these options reduces the pool of potential future share issuances, slightly simplifying the company’s ...
Rimfire Issues New Shares and Confirms Regulatory Compliance
Aug 14, 2026
Rimfire Pacific Mining has issued 225,849,074 fully paid ordinary shares, including 214,275,000 shares placed with professional and sophisticated investors at $0.008 per share and 11,574,074 shares issued to Javelin Minerals Limited at a deemed pr...
Rimfire Pacific Mining Seeks ASX Quotation for 11.6 Million New Shares
Aug 14, 2026
Rimfire Pacific Mining Limited has applied for quotation on the ASX of 11,574,074 new ordinary fully paid shares, with an issue date of 14 August 2026. The additional securities, issued following previously announced transactions, will expand the ...
Rimfire Pacific Mining Seeks Quotation for 214 Million New Shares on ASX
Aug 14, 2026
Rimfire Pacific Mining Limited has applied to the ASX for quotation of 214,275,000 new ordinary fully paid shares, with an issue date of August 14, 2026. The application, lodged as a new announcement under the exchange’s Appendix 2A rules, s...
Rimfire Pacific Mining director reduces indirect shareholding after court-ordered transfer
Aug 12, 2026
Rimfire Pacific Mining Limited has disclosed a change in director David Hutton’s indirect interest in the company’s securities, following an off-market transfer of shares between superannuation funds. The transfer was executed in accor...
Rimfire Pacific Mining Trading Reinstated on ASX After Capital Raising Move
Aug 6, 2026
Rimfire Pacific Mining Limited has had the suspension of trading in its securities on the ASX lifted, with quotation reinstated immediately following the release of an announcement about a new capital raising. The move signals renewed market acces...
Rimfire Pacific Mining Plans Major Share and Option Placement
Aug 6, 2026
Rimfire Pacific Mining Limited has outlined plans for a significant capital raising via a placement, proposing to issue up to 287.5 million new ordinary fully paid shares. Alongside the equity issue, the company will also issue 287.5 million place...
Rimfire Pacific Mining Halts Trading Ahead of Capital Raising Announcement
Aug 4, 2026
Rimfire Pacific Mining Limited has requested and received an immediate voluntary suspension of trading in its ordinary shares on the ASX under Listing Rule 17.2. The suspension is tied to a pending announcement regarding a capital raising, indicat...
Rimfire Pacific Mining Calls Trading Halt Ahead of Capital Raising
Aug 2, 2026
Rimfire Pacific Mining Limited has requested and received a trading halt for its ordinary shares on the ASX, effective from the open of trading on Monday, 3 August 2026. The halt will remain in place until either the start of normal trading on Wed...
Rimfire Advances NSW Scandium Portfolio With Positive Tests and Strategic Advisory Tie-Up
Jul 31, 2026
Rimfire Pacific Mining reported encouraging initial metallurgical bottle roll test results indicating the potential to commercially extract significant scandium from the low-iron Murga Scandium Deposit at atmospheric pressure, marking progress in ...
Rimfire Pacific Mining Issues 32.7 Million Unlisted Options
Jul 10, 2026
Rimfire Pacific Mining Limited has notified the market of the issue of 32,738,797 unlisted options, a new class of unquoted equity securities not intended to be quoted on the ASX. The options, detailed in an Appendix 3G filing dated July 10, 2026,...
Rimfire Plans Large Unlisted Options Issue to Support Exploration Strategy
Jul 9, 2026
Rimfire Pacific Mining Limited has lodged a notice with the ASX outlining a proposed issue of up to 32,738,797 unlisted options as part of a placement or other type of securities issue. The options are expected to be issued on 7 August 2026, signa...
Rimfire Taps UK Advisor to Advance NSW Scandium Projects
Jul 8, 2026
Rimfire Pacific Mining Limited has appointed UK-based Xcelsior Capital Advisors as its global critical minerals funding and marketing advisor for its scandium projects in New South Wales. Xcelsior, the investment partner arm of specialist metals t...
Rimfire Lifts Stake to 60% in Scandium-Rich Avondale Project
Jul 8, 2026
Rimfire Pacific Mining has secured a 60% interest in the Avondale Project after its exploration partner Golden Plains Resources vested its 40% stake under an earn-in agreement. The Avondale Project, located within Australia’s scandium epicen...
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.