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Resource Mining Corporation Limited (RMI) AI Stock Analysis
Resource Mining Corporation Limited
(ASX:RMI)
The score is primarily weighed down by weak financial performance (pre-revenue profile, recurring losses, and persistent cash burn). Technicals add further pressure with bearish trend indicators and oversold momentum. The balance sheet’s low leverage provides some support, but negative earnings and no dividend limit valuation appeal.
Resource Mining Corporation Limited (RMI) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 90.40M
- Dividend Yield
- ―
- Average Volume (3M)
- 680.23K
- Price to Earnings (P/E)
- -35.2
- Beta (1Y)
- 2.41
- Revenue Growth
- ―
- EPS Growth
- -8.33%
- Country
- Australia
- Employees
- 13
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Resource Mining Corporation Limited Business Overview & Revenue Model
Company Description
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 li...
How the Company Makes Money
RMI’s primary way of generating value is typically tied to progressing mineral exploration and development assets, with monetization commonly occurring through (i) asset sales or divestments of project interests, (ii) farm-out/joint venture arrangeme...
Resource Mining Corporation Limited Financial Statement Overview
Summary
Overall financial profile reflects an early-stage, largely pre-revenue miner. Income statement and cash flow are weak (persistent losses and ongoing operating/free-cash-flow burn), partially offset by a stronger balance sheet with very low leverage and improved equity base.
Income Statement
18Very NegativeBalance Sheet
64PositiveCash Flow
24Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 1,853 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 1,853 | -349 | 0 | 0 |
| EBITDA | -1.37M | -1.21M | -1.34M | -2.91M | -4.85M | 2.92M |
| Net Income | -2.17M | -2.17M | -1.57M | -3.12M | -11.22M | 2.96M |
Balance Sheet | ||||||
| Total Assets | 12.97M | 12.97M | 9.75M | 8.79M | 8.09M | 1.77M |
| Cash, Cash Equivalents and Short-Term Investments | 2.12M | 2.12M | 302.18K | 157.05K | 857.69K | 1.73M |
| Total Debt | 291.74K | 291.74K | 87.20K | 87.20K | 117.19K | 1,767 |
| Total Liabilities | 820.46K | 820.46K | 1.09M | 391.03K | 3.53M | 1.21M |
| Stockholders Equity | 12.40M | 12.40M | 8.87M | 8.59M | 4.74M | 618.95K |
Cash Flow | ||||||
| Free Cash Flow | -903.84K | -2.84M | -630.59K | -3.17M | -2.94M | -554.33K |
| Operating Cash Flow | -901.66K | -901.66K | -630.59K | -1.50M | -2.54M | -554.33K |
| Investing Cash Flow | -1.93M | -1.93M | -613.33K | -1.67M | -523.02K | -34.32K |
| Financing Cash Flow | 4.65M | 4.65M | 1.39M | 2.47M | 2.27M | 2.28M |
Resource Mining Corporation Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RMI, the sentiment is Negative. The current price of 0.10 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.14, and below the 200-day MA of 0.10, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.00 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RMI.
Resource Mining Corporation Limited Peers Comparison
Overall Rating
AU:LCY66Neutral
AU:CZR56Neutral- AU:RMI44Neutral
AU:COD41Neutral
AU:MTH41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:LCY | 66Neutral | AUD 49.59M | -87.73 | -2.00% | ― | 104.42% | ― |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:CZR | 56Neutral | AUD 42.43M | 0.76 | 82.80% | ― | ― | ― |
| AU:RMI | 44Neutral | AUD 90.40M | -35.19 | -18.93% | ― | ― | -8.33% |
| AU:COD | 41Neutral | AUD 38.39M | -2.64 | -38.32% | ― | ― | -113.13% |
| AU:MTH | 41Neutral | AUD 34.69M | -6.13 | -8.90% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:RMI | Resource Mining Corporation Limited | 0.10 | 0.07 | 227.59% | |
| AU:LCY | Legacy Iron Ore Ltd | ― | ― | ― | |
| AU:MTH | Mithril Resources Ltd | 0.18 | -0.35 | -65.09% | |
| AU:COD | Coda Minerals Ltd | 0.09 | -0.02 | -18.18% | |
| AU:CZR | CZR Resources Ltd | 0.17 | -0.18 | -50.70% |
Resource Mining Corporation Limited Corporate Events
RMI Flags High-Grade Gold and Porphyry Potential in Saudi Exploration Push
Resource Minerals International Ltd is a Perth-based mineral exploration company focused on discovering and developing critical and precious mineral deposits in Tanzania, Saudi Arabia and Finland. Its Saudi portfolio includes the Wadi Salamah and Sha...
RMI expands Wadi Salamah gold-silver and porphyry potential in Saudi Arabia
Resource Minerals International Ltd operates in the mineral exploration sector, focusing on gold and base metals within the Arabian Shield in Saudi Arabia. The company’s Wadi Salamah project spans nearly 99 square kilometres in a largely undere...
Resource Minerals sets November date for in-person AGM in Perth
Resource Minerals International has scheduled its Annual General Meeting for 10:00am WST on Tuesday, 24 November 2026, to be held in person at Erity, Level 15, 251 Adelaide Terrace in Perth, with the business of the meeting set to affect shareholder...
Resource Minerals International Secures Full Ownership of Vancouver Minerals Unit
Resource Minerals International Ltd has issued 10,000,000 fully paid ordinary shares as consideration to acquire the remaining 25% interest in Vancouver Minerals Resources Limited, taking its ownership to 100%. It has also issued a further 2,000,000...
Resource Minerals International Seeks ASX Quotation for 12 Million New Shares
Resource Minerals International Ltd has applied for quotation on the ASX of 12 million new ordinary fully paid shares under the code RMI. The securities, issued on 7 October 2026, expand the company’s listed share base and may provide additiona...
Resource Minerals International Plans 12 Million-Share Placement
Resource Minerals International Ltd has announced a proposed placement of new ordinary fully paid shares on the Australian Securities Exchange. The company plans to issue up to 12 million RMI securities as part of this capital raising initiative.The...
Resource Minerals Outlines Streamlined Governance Framework for 2026
Resource Minerals International has detailed its corporate governance practices for the year to 30 June 2026, confirming broad alignment with the ASX Corporate Governance Council’s latest principles. The board has formalised responsibilities vi...
Resource Minerals International lodges updated ASX corporate governance statement
Resource Minerals International Ltd has released its annual corporate governance statement for the year ended 30 June 2026, confirming that the document is current as of 23 September 2026 and available on its website. The statement outlines the exten...
Resource Minerals International Releases 2026 Annual Report
Resource Minerals International Ltd released its Annual Report for 2026, providing a comprehensive overview of its corporate governance and financial position. The report includes the directors’ report, consolidated financial statements, notes,...
Resource Mining Corporation Flags Risks in Tanzania Copper-Gold and Global Exploration Push
Resource Mining Corporation Limited has released a corporate presentation outlining its active exploration programs, notably at the Mpanda copper-gold project in western Tanzania and its gold-silver and lithium projects in Saudi Arabia and Finland. T...
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 27, 2026