Infinity Mining (ASX:IMI) - Stock Price, News & Analysis

IMI Stock Overview

Infinity Mining Limited engages in the exploration and evaluation of mineral properties.

IMI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 39.1% per year over past 5 years

Makes less than USD$1m in revenue (A$41K)

Does not have a meaningful market cap (A$8M)

Highly volatile share price over the past 3 months

+ 1 more risk

Infinity Mining Limited Competitors

Cooper Metals

ASX:CPM

AU$8.6m

Ironbark Zinc

ASX:IBG

AU$8.0m

Lanthanein Resources

ASX:LNR

AU$7.8m

Coppermoly

ASX:COY

AU$7.8m

Price History & Performance

Summary of all time highs, changes and price drops for Infinity Mining
Historical stock prices
Current Share Price	AU$0.07
52 Week High	AU$0.20
52 Week Low	AU$0.056
Beta	-0.015
1 Month Change	-6.67%
3 Month Change	-46.15%
1 Year Change	-57.58%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-58.82%

Recent updates

Shareholder Returns

	IMI	AU Metals and Mining	AU Market
7D	7.7%	3.2%	0.2%
1Y	-57.6%	-4.3%	6.6%

Return vs Industry: IMI underperformed the Australian Metals and Mining industry which returned -4.3% over the past year.

Return vs Market: IMI underperformed the Australian Market which returned 6.6% over the past year.

Price Volatility

Is IMI's price volatile compared to industry and market?
IMI volatility
IMI Average Weekly Movement	21.2%
Metals and Mining Industry Average Movement	12.4%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.4%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: IMI's share price has been volatile over the past 3 months.

Volatility Over Time: IMI's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2015	n/a	n/a	infinitymining.com.au

Infinity Mining Limited engages in the exploration and evaluation of mineral properties. The company explores for gold, copper, zinc, nickel, and lithium deposits. It holds 100% interests in the Pilbara projects that comprises 14 exploration licenses covering an area of 781 square kilometers located in the Pilbara region of Western Australia; and the Central Goldfields project comprising 7 prospecting licenses, 2 granted mining lease, and 1 exploration license covering an area of 13.81 square kilometers located in the Leonora region of Western Australia.

Infinity Mining Limited Fundamentals Summary

How do Infinity Mining's earnings and revenue compare to its market cap?
IMI fundamental statistics
Market cap	AU$8.31m
Earnings (TTM)	-AU$2.42m
Revenue (TTM)	AU$41.45k

200.5x

P/S Ratio

-3.4x

P/E Ratio

Is IMI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IMI income statement (TTM)
Revenue	AU$41.45k
Cost of Revenue	AU$77.62k
Gross Profit	-AU$36.17k
Other Expenses	AU$2.38m
Earnings	-AU$2.42m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.02
Gross Margin	-87.25%
Net Profit Margin	-5,839.24%
Debt/Equity Ratio	0.6%

How did IMI perform over the long term?

See historical performance and comparison

IMI Stock Overview

Rewards

Risk Analysis

Infinity Mining Limited Competitors

ASX:CPM

AU$8.6m

ASX:IBG

AU$8.0m

ASX:LNR

AU$7.8m

ASX:COY

AU$7.8m

Price History & Performance

Recent News & Updates

Infinity Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65 million.

Infinity Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4 million.

First half 2024 earnings released: AU$0.016 loss per share (vs AU$0.014 loss in 1H 2023)

Infinity Mining Limited Announces the Resignations of Joe Groot as CEO

Infinity Mining Limited Announces the Resignations of Joe Groot as CEO

Infinity Mining Limited, Annual General Meeting, Aug 18, 2023

Recent updates

Infinity Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65 million.

Infinity Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.4 million.

First half 2024 earnings released: AU$0.016 loss per share (vs AU$0.014 loss in 1H 2023)

Infinity Mining Limited Announces the Resignations of Joe Groot as CEO

Infinity Mining Limited Announces the Resignations of Joe Groot as CEO

Infinity Mining Limited, Annual General Meeting, Aug 18, 2023

New minor risk - Financial data availability

Infinity Mining Limited (ASX:IMI) acquired Tenements In East Pilbara from TasEx Geological Services Pty Ltd.

Infinity Mining Limited Announces RC Drilling Program Commences in the Central Goldfields

Infinity Mining Limited Announces a Grant of Five-Year Extension of Term for Exploration Licence E45/4708, with A New Expiry Date of 20 November 2027

Non Executive Director exercised options to buy AU$73k worth of stock.

Infinity Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.247949 million.

CEO & Director recently bought AU$98k worth of stock

Infinity Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.247949 million.

Infinity Mining Limited Announces Maiden RC Drilling Program at Tambourah South Intersects Significant Lithium Mineralisation

Less than half of directors are independent

Infinity Mining Limited Commences Maiden Lithium Drilling Program at Tambourah in Port Headland, WA

Infinity Mining Limited Announces VTEM Survey over East Pilbara Tenements

Infinity Mining Limited Receives Approvals for Maiden Drilling At Tambourah South Lithium Project

Infinity Mining Limited Receives Approvals for Maiden Drilling At Tambourah South Lithium Project

Executive Director recently bought AU$50k worth of stock

Infinity Mining Limited Announces Infinity Drilling Programs Commence At Craig's Rest

Infinity Mining Limited Announced That Further Rock Chip Sampling Has Identified Four New Lithium Pegmatite Zones At Tambourah South

Infinity Mining Limited Identifies Li in Further Rock Sampling

Infinity Mining Limited Announces Recent Rock Chip Samples from Craigs Rest Have Returned Highly Anomalous Assays Up to 37.64 G/T Au

Infinity Mining Limited Announces Two Drone Magnetic High Targets At Chicago Project

CEO & Director recently bought AU$270k worth of stock

Infinity Mining Limited Discover High Grade Rubidium

CEO & Director recently bought AU$85k worth of stock

CEO & Director recently bought AU$54k worth of stock

Infinity Mining Limited Announces Drone Magnetic Survey Identifies Brownfields Target At Camel

CEO & Director recently bought AU$94k worth of stock

Infinity Mining Limited Announces Assay Results from Its Recent Field Rock Chip Sampling Program Across the Western Side of the Tambourah South Tenement

Infinity Mining Limited Receives Its Programme of Works Approval from the Western Australian Department

Infinity Mining Limited Announces High-Priority Drone Magnetic Target Identified at the Coppermine Project in Western Australia

Infinity Mining Limited, Annual General Meeting, Aug 29, 2022

Infinity Mining Limited Announces Copper-Nickel-Gold Targets for Drilling At Hillside Project

Infinity Mining Limited Announces the Discovery of Three Significant Aircore/Soil Gold Anomalies at their Barlow's Gully Gold Project in the Central Goldfields of WA

Infinity Mining Limited Announces Lithium Mineralisation Within Tambourah Project

Less than half of directors are independent

Non Executive Director recently bought AU$60k worth of stock

Non Executive Director recently bought AU$84k worth of stock

Infinity Mining Limited Drilling Program Completed at Barlow's Gully

Infinity Mining Limited Completed Initial 1,000 Metre Drill Program at the Great Northern Mine Tenement with Samples Submitted for Assaying

Infinity Mining Limited Commences Drilling At Great Northern Historical Gold Mine

Infinity Mining Limited (ASX:IMI) completed the acquisition of Central Goldfields Assets from Zanil Pty Ltd.

Infinity Mining Limited has completed an IPO in the amount of AUD 10 million.

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

Infinity Mining Limited Fundamentals Summary

200.5x

-3.4x

Earnings & Revenue