How does RMX's PB Ratio compare to its peers?

RMX is expensive based on its Price-To-Book Ratio (1.9x) compared to the peer average (1.1x).

How does RMX's PB Ratio compare vs other companies in the AU Metals and Mining Industry?

RMX is expensive based on its Price-To-Book Ratio (1.9x) compared to the Australian Metals and Mining industry average (1.1x).

What is RMX's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate RMX's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of RMX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate RMX's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Red Mountain Mining (ASX:RMX) - Stock Price, News & Analysis

RMX Stock Overview

Engages in the exploration and development of mineral properties in Australia, the United States, and Canada. More details

RMX fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue (A$0)

Earnings have declined by 23.4% per year over past 5 years

Does not have a meaningful market cap (A$4M)

Volatile share price over the past 3 months compared to the Australian market

+ 1 more risk

Red Mountain Mining Limited Competitors

eMetals

ASX:EMT

AU$4.3m

Golden Deeps

ASX:GED

AU$4.2m

Athena Resources

ASX:AHN

AU$4.3m

Bastion Minerals

ASX:BMO

AU$4.2m

Price History & Performance

Summary of all time highs, changes and price drops for Red Mountain Mining
Historical stock prices
Current Share Price	AU$0.011
52 Week High	AU$0.04
52 Week Low	AU$0.008
Beta	0.48
11 Month Change	37.50%
3 Month Change	10.00%
1 Year Change	-68.56%
33 Year Change	-89.00%
5 Year Change	-81.66%
Change since IPO	-99.97%

Recent updates

Shareholder Returns

	RMX	AU Metals and Mining	AU Market
7D	10.0%	1.6%	0.9%
1Y	-68.6%	-10.8%	18.4%

Return vs Industry: RMX underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: RMX underperformed the Australian Market which returned 18.4% over the past year.

Price Volatility

Is RMX's price volatile compared to industry and market?
RMX volatility
RMX Average Weekly Movement	17.0%
Metals and Mining Industry Average Movement	11.0%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.5%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: RMX's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: RMX's weekly volatility has decreased from 36% to 17% over the past year, but is still higher than 75% of Australian stocks.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Lincoln Liu	www.redmountainmining.com.au

Red Mountain Mining Limited engages in the exploration and development of mineral properties in Australia, the United States, and Canada. It explores for lithium, nickel, gold, uranium, copper, cobalt, and base metals. The company holds 100% interests in the Mustang Lithium, Lithic Lithium, and Magante Lithium Project located in Nevada, the United States; Batangas Gold Project situated in Philippines; Koonenberry Gold, Charlotte Lithium, Nannup, Kiabye Gold situated in Australia; and Niobium Pacho & Quasi projects located in Canada.

Red Mountain Mining Limited Fundamentals Summary

How do Red Mountain Mining's earnings and revenue compare to its market cap?
RMX fundamental statistics
Market cap	AU$4.26m
Earnings (TTM)	-AU$2.76m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.5x

P/E Ratio

Is RMX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RMX income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$2.76m
Earnings	-AU$2.76m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0071
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did RMX perform over the long term?

See historical performance and comparison

RMX Stock Overview

Risk Analysis

Red Mountain Mining Limited Competitors

ASX:EMT

AU$4.3m

ASX:GED

AU$4.2m

ASX:AHN

AU$4.3m

ASX:BMO

AU$4.2m

Price History & Performance

Recent News & Updates

Red Mountain Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.16 million.

MD & Director recently bought AU$161k worth of stock

Red Mountain Mining Limited, Annual General Meeting, Oct 16, 2024

Red Mountain Mining Limited Announces Executive Changes

New major risk - Shareholder dilution

Red Mountain Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.4 million.

Recent updates

Red Mountain Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.16 million.

MD & Director recently bought AU$161k worth of stock

Red Mountain Mining Limited, Annual General Meeting, Oct 16, 2024

Red Mountain Mining Limited Announces Executive Changes

New major risk - Shareholder dilution

Red Mountain Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.4 million.

Red Mountain Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.

New major risk - Shareholder dilution

Red Mountain Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.75 million.

Red Mountain Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 0.891192 million.

Red Mountain Mining Limited, Annual General Meeting, Nov 08, 2023

New minor risk - Financial data availability

New minor risk - Financial data availability

New major risk - Shareholder dilution

Red Mountain Mining Limited (ASX:RMX) entered into an agreement to acquire Lithium Projects in Nevada, USA from Chariot Corporation Limited

Less than half of directors are independent

Red Mountain Mining Limited Provides an Update for Its Mt Mansbridge Project Located in the Eastern Kimberley Region of Western Australia

Red Mountain Mining Limited, Annual General Meeting, Nov 10, 2022

Red Mountain Mining Limited Announces Completion of Drilling At Mt Mansbridge

Red Mountain Mining Limited Announces Commencement of Drilling At Mt Mansbridge

Red Mountain Mining Limited Announces That Rc Drill Rig and Their 5 Member Drill Crew Have Arrived on Site to Commence Its Phase Ii Drill Campaign At the Mt Mansbridge Heavy Rare Earth and Nickel-Cobalt-Pge Project

Red Mountain Mining Limited Provides Drilling Update

Less than half of directors are independent

Red Mountain Mining Limited Announces Mt Mansbridge Project - Heavy Rare Earth Market Update

Red Mountain Mining Limited (ASX:RMX) entered into a binding heads of agreement to acquire Nannup Project for AUD 0.05 million.

Red Mountain Mining Limited Provides Update for its Mt Mansbridge Project Located in the Eastern Kimberley Region of Western Australia

Red Mountain Mining Limited Provides an Update for Its Mt Mansbridge Project Located in the Eastern Kimberley Region of Western Australia

Red Mountain Mining Limited Provides an Update on it's Portfolio Suite of Projects

Red Mountain Mining Limited Provides an Update of the Drilling Activities At the 100% Owned Mt. Maitland Gold and Base Metal Project in the Murchison Region of Western Australia

Red Mountain Mining Limited Provides Update of Recent Exploration Activities at the Mt Mansbridge and Maitland Projects in Western Australia

Red Mountain Mining Limited Provides Exploration Update of the Drilling Activities At the 100% Owned Mt. Maitland Gold and Base Metal Project in the Murchison Region of Western Australia

Red Mountain Mining Limited Announces Soil Sampling Has Commenced At the Mt Mansbridge Project

Red Mountain Mining Limited Announces Commencement of Diamond Drilling At Mt. Maitland Project

Red Mountain Mining Limited Confirms Upcoming Exploration Activity at its Western Australian Projects

Red Mountain Mining Limited's Mt. Mansbridge Exploration Season Commences

Red Mountain Mining Limited Provides Koonenberry Exploration Update

Red Mountain Mining Limited Announces Commencement of IP Geophysical Survey At Maitland Gold Project

Red Mountain Mining Limited Announces Land Access Agreements Executed for Koonenberry Project

Red Mountain Mining Limited Announces Results of the Recently Completed Assessment of the Radiometric Data That Was Acquired in December 2020 at the Company's 100% Owned Mt Mansbridge Hree Project

Red Mountain Mining Limited Announces Phase II Drilling to Commence at Maitland South

Red Mountain Mining Limited Announces Initial Assays Reveal Significant Intercepts at Mt Maitland

Red Mountain Mining Limited announced that it expects to receive AUD 0.36 million in funding

Red Mountain Mining Limited (ASX:RMX) completed the acquisition of Mt Maitland Gold Project from Simon Jones.

Red Mountain Mining Limited (ASX:RMX) entered into a binding term sheet to acquire Mt Maitland Gold Project from Simon Jones for AUD 0.25 million.

Shareholder Returns

Price Volatility

About the Company

Red Mountain Mining Limited Fundamentals Summary

0.0x

-1.5x

Earnings & Revenue