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RIM

Rimfire Pacific MiningASX:RIM Stock Report

Market Cap

AU$16.3m

7D

0%

1Y

-10.0%

Updated

19 Oct, 2021

Data

Company Financials
RIM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

RIM Overview

Rimfire Pacific Mining NL engages in the exploration and evaluation of mineral deposits in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Rimfire Pacific Mining
Historical stock prices
Current Share PriceAU$0.009
52 Week HighAU$0.007
52 Week LowAU$0.015
Beta0.37
1 Month Change0%
3 Month Change0%
1 Year Change-10.00%
3 Year Change12.50%
5 Year Change-55.00%
Change since IPO-97.04%

Recent News & Updates

Shareholder Returns

RIMAU Metals and MiningAU Market
7D0%3.9%1.7%
1Y-10.0%13.3%20.3%

Return vs Industry: RIM underperformed the Australian Metals and Mining industry which returned 13.3% over the past year.

Return vs Market: RIM underperformed the Australian Market which returned 20.3% over the past year.

Price Volatility

Is RIM's price volatile compared to industry and market?
RIM volatility
RIM Beta0.37
Industry Beta0.97
Market Beta1

Stable Share Price: RIM is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: RIM's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1988n/aCraig Rileyhttps://www.rimfire.com.au

Rimfire Pacific Mining NL engages in the exploration and evaluation of mineral deposits in Australia. The company explores for gold, copper, platinum group elements, cobalt, lead, zinc, and silver deposits. It primarily holds interests in the contiguous tenement package spanning of 915 square kilometers within the East Lachlan Fold Belt of New South Wales.

Rimfire Pacific Mining Fundamentals Summary

How do Rimfire Pacific Mining's earnings and revenue compare to its market cap?
RIM fundamental statistics
Market CapAU$16.26m
Earnings (TTM)-AU$373.70k
Revenue (TTM)AU$650.46k

25.0x

P/S Ratio

-45.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RIM income statement (TTM)
RevenueAU$650.46k
Cost of RevenueAU$0
Gross ProfitAU$650.46k
ExpensesAU$1.02m
Earnings-AU$373.70k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0002
Gross Margin100.00%
Net Profit Margin-57.45%
Debt/Equity Ratio0%

How did RIM perform over the long term?

See historical performance and comparison

Valuation

Is Rimfire Pacific Mining undervalued compared to its fair value and its price relative to the market?

0.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RIM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RIM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RIM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: RIM is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RIM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RIM is good value based on its PB Ratio (1x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

How is Rimfire Pacific Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.2%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Rimfire Pacific Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Rimfire Pacific Mining performed over the past 5 years?

5.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RIM is currently unprofitable.

Growing Profit Margin: RIM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RIM is unprofitable, but has reduced losses over the past 5 years at a rate of 5.4% per year.

Accelerating Growth: Unable to compare RIM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RIM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: RIM has a negative Return on Equity (-2.26%), as it is currently unprofitable.


Financial Health

How is Rimfire Pacific Mining's financial position?


Financial Position Analysis

Short Term Liabilities: RIM's short term assets (A$2.1M) exceed its short term liabilities (A$832.1K).

Long Term Liabilities: RIM's short term assets (A$2.1M) exceed its long term liabilities (A$14.1K).


Debt to Equity History and Analysis

Debt Level: RIM is debt free.

Reducing Debt: RIM has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: RIM has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: RIM has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.3% each year.


Dividend

What is Rimfire Pacific Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RIM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RIM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RIM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RIM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RIM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Craig Riley

2.75yrs

Tenure

AU$215,526

Compensation

Mr. Craig Riley, Bachelor of Applied Science (Hons), has been Chief Executive Officer of Rimfire Pacific Mining NL since January 31, 2019 and serves as its Managing Director & Executive Director since Marc...


CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD159.73K) is below average for companies of similar size in the Australian market ($USD301.95K).

Compensation vs Earnings: Craig's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RIM's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: RIM's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.1%.


Top Shareholders

Company Information

Rimfire Pacific Mining NL's employee growth, exchange listings and data sources


Key Information

  • Name: Rimfire Pacific Mining NL
  • Ticker: RIM
  • Exchange: ASX
  • Founded: 1988
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$16.256m
  • Shares outstanding: 1.81b
  • Website: https://www.rimfire.com.au

Location

  • Rimfire Pacific Mining NL
  • St. Kilda Road Towers
  • Suite 142
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:04
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.