Want to see AU:RMX full AI Analyst Report?
Top Page
Red Mountain Mining Ltd
(Sydney:RMX)
Select Model
Select Model
Rating:44Neutral
Price Target:
AU$0.01
â–Ľ(-40.00% Downside)
Action:Reiterated
Date:10/02/26
The score is held down primarily by very weak financial performance (minimal revenue, widening losses, and ongoing operating/free-cash-flow burn) despite low debt. Technical indicators are neutral with only modest near-term strength and a weaker longer-term trend, while valuation is constrained by negative earnings and no dividend support.
Positive Factors
Low financial leverage
Very modest debt reduces solvency pressure and preserves financial flexibility compared with a highly leveraged structure. This gives Red Mountain Mining more capacity to absorb operating losses or allocate future capital toward exploration without a large interest burden.
Negative Factors
No meaningful revenue base
The absence of meaningful revenue shows that Red Mountain Mining has not yet established a commercial operating base. This limits internal funding, leaves financial results dependent on capital activities, and makes future earnings highly contingent on successful progression of its mining projects.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Very modest debt reduces solvency pressure and preserves financial flexibility compared with a highly leveraged structure. This gives Red Mountain Mining more capacity to absorb operating losses or allocate future capital toward exploration without a large interest burden.
Read all positive factors
Red Mountain Mining Ltd (RMX) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$12.20M
Dividend YieldN/A
Average Volume (3M)2.18M
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue GrowthN/A
EPS Growth-18.97%
CountryAU
Employees40
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,109,355,000
10 Day Avg. Volume1,492,368
30 Day Avg. Volume2,178,157
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.23
Price to Sales (P/S)0.00
P/FCF Ratio-2.29
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
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 o...
Red Mountain Mining Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 22.62K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -76.27K | 22.62K | -84.62K | -88.05K | -147.47K |
| EBITDA | -4.29M | -1.67M | -2.66M | -4.30M | -1.30M |
| Net Income | -4.85M | -2.56M | -2.76M | -4.40M | -1.45M |
Balance Sheet | |||||
| Total Assets | 5.09M | 2.15M | 2.50M | 3.29M | 4.72M |
| Cash, Cash Equivalents and Short-Term Investments | 2.02M | 274.46K | 479.75K | 1.03M | 1.66M |
| Total Debt | 136.47K | 268.47K | 107.15K | 196.83K | 29.49K |
| Total Liabilities | 597.29K | 755.33K | 218.18K | 497.40K | 165.28K |
| Stockholders Equity | 4.49M | 1.39M | 2.28M | 2.79M | 4.56M |
Cash Flow | |||||
| Free Cash Flow | -2.41M | -1.02M | -2.47M | -2.19M | -2.31M |
| Operating Cash Flow | -2.41M | -1.02M | -1.01M | -1.05M | -1.17M |
| Investing Cash Flow | -1.17M | -523.81K | -1.46M | -1.20M | -1.14M |
| Financing Cash Flow | 5.27M | 1.39M | 1.92M | 1.57M | 2.23M |
Red Mountain Mining Ltd Technical Analysis
Positive
0.02
Price Trends
0.01
Positive
0.01
Negative
0.02
Negative
Market Momentum
<0.01
Positive
53.97
Neutral
16.67
Positive
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 0.02 is above the 20-day moving average (MA) of 0.01, above the 50-day MA of 0.01, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 53.97 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, 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
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$12.34M | 27.33 | -5.72% | 7.14% | ― | ― | |
45 Neutral | AU$10.53M | -5.13 | -9.75% | ― | ― | 32.76% | |
44 Neutral | AU$12.20M | -1.48 | -108.20% | ― | ― | -18.97% | |
43 Neutral | AU$9.66M | -55.00 | -16.36% | ― | ― | -18.75% | |
42 Neutral | AU$11.92M | -0.56 | -520.21% | ― | ― | 18.30% | |
40 Underperform | AU$9.54M | -2.13 | -56.64% | ― | ― | -71.15% |
* Basic Materials Sector Average
AU:RMX
Red Mountain Mining Ltd
0.01
-0.02
-60.00%
AU:LSR
Lodestar Minerals
0.01
-0.02
-62.96%
AU:TRM
Truscott Mining Corporation Ltd
0.04
-0.02
-26.67%
AU:MAG
Magmatic Resources Ltd.
0.02
-0.04
-68.33%
AU:SNG
Siren Gold Ltd
0.04
-0.07
-62.73%
AU:KAL
Kalgoorlie Gold Mining Limited
0.02
-0.03
-57.45%
Red Mountain Mining Ltd Corporate Events
Red Mountain Mining Sets November AGM and Shifts to Digital Voting
Oct 2, 2026
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 ...
Red Mountain Mining Files 2026 Annual Report
Sep 29, 2026
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, conso...
Red Mountain Mining Flags Late Disclosure of Director Option Lapse
Sep 28, 2026
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 c...
Red Mountain Mining Issues 1 Million Long-Dated Unquoted Options
Sep 16, 2026
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 ...
Red Mountain boosts Pioneer Tungsten footprint on strong assays
Sep 13, 2026
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, 0.4...
Red Mountain Mining Offers No-Broker Exit to Small Shareholders
Sep 10, 2026
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 s...
Red Mountain Mining boosts director equity with major option grant
Aug 28, 2026
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 a...
Red Mountain Mining Issues Over 65 Million Shares for Services Rendered
Aug 28, 2026
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 se...
Red Mountain Mining Seeks ASX Quotation for 65 Million New Shares
Aug 28, 2026
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 min...
Red Mountain Mining Warns RMXOK Options Near Expiry as Share Price Lags Exercise Level
Aug 26, 2026
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 e...
Red Mountain Mining shareholders back April placement and new equity issues
Aug 17, 2026
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 ...
Red Mountain Mining Advances NSW Antimony‑Gold Project and Adds U.S. Tungsten Asset
Jul 31, 2026
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...
Red Mountain steps up tungsten sampling in Montana as NSW drilling nears
Jul 28, 2026
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 reconnai...
Red Mountain Mining Warns RMXOK Options Approaching Expiry
Jul 24, 2026
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 holde...
Red Mountain to Launch Maiden Drilling at Expanded Oaky Creek Antimony Target
Jul 8, 2026
Red Mountain Mining has identified a strong, steeply dipping induced polarisation chargeability anomaly at the Oaky Creek South prospect, extending the known antimony mineralised strike to at least 400m beneath and southwest of surface stibnite ve...
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.