Red Mountain Mining Ltd AI Stock Analysis
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Red Mountain Mining Ltd (RMX) AI Stock Analysis
Red Mountain Mining Ltd
(ASX:RMX)
The score is primarily weighed down by very weak financial performance (pre-revenue profile with widening losses and ongoing cash burn), only partially offset by low balance-sheet leverage. Technicals are neutral-to-soft with price well below the long-term average, and valuation is hard to justify given negative earnings and no dividend support.
Red Mountain Mining Ltd (RMX) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 11.09M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.77M
- Price to Earnings (P/E)
- -1.4
- Beta (1Y)
- 0.92
- Revenue Growth
- ―
- EPS Growth
- -18.97%
- Country
- Australia
- Employees
- 40
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Red Mountain Mining Ltd Business Overview & Revenue Model
Company Description
Red Mountain Mining Limited is an exploration and development company focused on mineral assets, primarily within Australia. Its Australian portfolio includes the Mt Maitland gold project, an interest spanning 62 square kilometers situated north of M...
Red Mountain Mining Ltd Financial Statement Overview
Summary
Financial performance is weak: revenue is effectively nonexistent, losses widened in the latest year (net income -A$4.85m in 2026), and operating/free cash flow remain deeply negative (OCF/FCF -A$2.41m in 2026). The main offset is low leverage (debt-to-equity ~0.03), which reduces near-term solvency pressure but does not fix ongoing cash burn.
Income Statement
12Very NegativeBalance Sheet
46NeutralCash Flow
18Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 22.62K | 0 | 0 | 0 |
| Gross Profit | -76.27K | -76.27K | 22.62K | -84.62K | -88.05K | -147.47K |
| EBITDA | -4.26M | -4.29M | -2.38M | -2.66M | -4.30M | -1.30M |
| Net Income | -4.85M | -4.85M | -2.56M | -2.76M | -4.40M | -1.45M |
Balance Sheet | ||||||
| Total Assets | 5.09M | 5.09M | 2.15M | 2.50M | 3.29M | 4.72M |
| Cash, Cash Equivalents and Short-Term Investments | 2.02M | 2.02M | 274.46K | 479.75K | 1.03M | 1.66M |
| Total Debt | 136.47K | 136.47K | 268.47K | 107.15K | 196.83K | 29.49K |
| Total Liabilities | 597.29K | 597.29K | 755.33K | 218.18K | 497.40K | 165.28K |
| Stockholders Equity | 4.49M | 4.49M | 1.39M | 2.28M | 2.79M | 4.56M |
Cash Flow | ||||||
| Free Cash Flow | -2.41M | -2.41M | -1.02M | -2.47M | -2.19M | -2.31M |
| Operating Cash Flow | -2.41M | -2.41M | -1.02M | -1.01M | -1.05M | -1.17M |
| Investing Cash Flow | -1.17M | -1.17M | -523.81K | -1.46M | -1.20M | -1.14M |
| Financing Cash Flow | 5.27M | 5.27M | 1.39M | 1.92M | 1.57M | 2.23M |
Red Mountain Mining Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RMX, the sentiment is Positive. The current price of 0.01 is above the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of -0.00 indicates Positive momentum. The RSI at 51.89 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RMX.
Red Mountain Mining Ltd Peers Comparison
Overall Rating
AU:RMX43Neutral
AU:LSR42Neutral
AU:SNG42Neutral
AU:KAL41Neutral
AU:TRM41Neutral
AU:MAG37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 43Neutral | AUD 11.09M | -1.45 | -108.20% | ― | ― | -18.97% | |
| 42Neutral | AUD 6.70M | -0.40 | -520.21% | ― | ― | 18.30% | |
| 42Neutral | AUD 11.44M | 24.67 | -5.72% | ― | ― | ― | |
| 41Neutral | AUD 10.02M | -4.10 | -9.75% | ― | ― | 32.76% | |
| 41Neutral | AUD 10.76M | -49.00 | -15.22% | ― | ― | -18.75% | |
| 37Underperform | AUD 8.54M | -1.91 | -56.64% | ― | ― | -71.15% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:RMX | Red Mountain Mining Ltd | 0.01 | -0.02 | -65.63% | |
| AU:LSR | Lodestar Minerals Limited | 0.01 | -0.01 | -56.52% | |
| AU:TRM | Truscott Mining Corporation Ltd | 0.05 | -0.03 | -38.75% | |
| AU:MAG | Magmatic Resources Ltd. | 0.02 | -0.04 | -66.67% | |
| AU:SNG | Siren Gold Ltd | 0.04 | -0.07 | -65.45% | |
| AU:KAL | Kalgoorlie Gold Mining Limited | 0.02 | -0.05 | -73.44% |
Red Mountain Mining Ltd Corporate Events
Top Investors Dominate Red Mountain Mining’s 2028 Option Class
Red Mountain Mining has released an updated register of its top 20 holders for its RMXOPT07 options, which expire on 31 December 2028 at an exercise price of $0.05. The report shows that a small group of institutional and private investors, led by Ba...
Red Mountain Mining Seeks ASX Quotation for 184.6 Million Long-Dated Options
Red Mountain Mining Ltd has applied to the ASX for quotation of 184,579,185 options in an existing class, designated RMXAL, with an exercise price of $0.05 and expiry on December 31, 2028. The options, to be issued on October 9, 2026, expand the comp...
Red Mountain Mining Issues Cleansing Prospectus for New Option Offer
Red Mountain Mining has lodged a cleansing prospectus with ASIC dated 7 October 2026 to facilitate the offer and secondary trading of up to 1,000 new options at $0.05 each, raising up to $50 before expenses. The document is a transaction-specific pro...
Red Mountain Mining Sets November AGM and Shifts to Digital Voting
Red Mountain Mining Ltd, an ASX-listed mining and exploration company headquartered in West Perth, has notified shareholders of its upcoming Annual General Meeting scheduled for 5 November 2026. The company operates under Australian corporate law and...
Red Mountain Mining Files 2026 Annual Report
Red Mountain Mining Limited has released its annual report for the year ended 30 June 2026, providing shareholders with a full set of audited financial statements and governance disclosures. The document includes the directors’ report, consolidated p...
Red Mountain Mining Flags Late Disclosure of Director Option Lapse
Red Mountain Mining has disclosed that 300,000 RMXOK quoted options held indirectly by director Robert Norman Parton through TPG Australasia Pty Ltd have lapsed without consideration. The company reported that an Appendix 3Y notice detailing the chan...
Red Mountain Mining Issues 1 Million Long-Dated Unquoted Options
Red Mountain Mining Ltd has notified the market of a new issue of unquoted equity securities, specifically 1,000,000 options expiring on 31 December 2028 with an exercise price of $0.05. The options, designated under ASX security code RMXAL, were iss...
Red Mountain boosts Pioneer Tungsten footprint on strong assays
Red Mountain Mining has reported outstanding assay results from systematic rock chip sampling at its Pioneer Tungsten Project in Montana, with 50 samples above 500ppm WO3 and 31 above 1,000ppm WO3, including peak grades of 0.55% at Greenstone, 0.40%...
Red Mountain Mining Offers No-Broker Exit to Small Shareholders
Red Mountain Mining Ltd has launched a share sale facility for investors holding less than a marketable parcel, defined as shareholdings valued at under $500 or 45,454 ordinary shares or fewer as at 10 September 2026. The initiative allows these smal...
Red Mountain Mining boosts director equity with major option grant
Red Mountain Mining has updated the market on changes to director Lincoln Liu’s interests, reflecting a significant grant of new unquoted options. The notice confirms both direct and indirect holdings across ordinary shares, quoted options and perfor...
Red Mountain Mining Issues Over 65 Million Shares for Services Rendered
Red Mountain Mining Ltd has issued 65,223,236 fully paid ordinary shares as consideration for services rendered, expanding its share capital without a traditional disclosure document to investors. The issuance, completed on 28 August 2026 under secti...
Red Mountain Mining Seeks ASX Quotation for 65 Million New Shares
Red Mountain Mining Ltd has applied for quotation on the ASX of 65,223,236 new ordinary fully paid shares, scheduled for issue on 28 August 2026. The sizable share quotation signals a capital move that could support the company’s ongoing mining initi...
Red Mountain Mining Warns RMXOK Options Near Expiry as Share Price Lags Exercise Level
Red Mountain Mining Ltd has reminded holders of its RMXOK listed options that these securities will expire at 5:00 p.m. WST on 14 September 2026, with an exercise price of $0.08 per option for one fully paid ordinary share. Holders may choose to exer...
Red Mountain Mining shareholders back April placement and new equity issues
Red Mountain Mining Ltd reported that all resolutions put to shareholders at its extraordinary general meeting on 17 August 2026 were approved by poll. The meeting ratified prior share issues under an April placement, authorised new options under tha...
Red Mountain Mining Advances NSW Antimony‑Gold Project and Adds U.S. Tungsten Asset
Red Mountain Mining reported solid progress over the June quarter, advancing its Armidale Antimony‑Gold Project in New South Wales and expanding its U.S. portfolio with the Pioneer Tungsten Project in Montana. The company’s exploration at Armidale is...
Red Mountain steps up tungsten sampling in Montana as NSW drilling nears
Red Mountain Mining has begun systematic rock chip sampling at its 100%-owned Pioneer Tungsten Project in Montana, targeting garnet skarn-hosted tungsten mineralisation across the Greenstone and Lost Creek claims. The work follows earlier reconnaissa...
Red Mountain Mining Warns RMXOK Options Approaching Expiry
Red Mountain Mining has notified holders of its RMXOK listed options that these securities will expire at 5:00pm WST on 14 September 2026, with an exercise price of $0.08 per option, each converting into one fully paid ordinary share. Option holders...
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: Oct 15, 2026
