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Resource Mining Corporation is an other industrial metals & mining business based in Australia. Resource Mining Corporation shares (RMI) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Resource Mining Corporation has a trailing 12-month revenue of around $210. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.013 - $0.19 |
|---|---|
| 50-day moving average | $0.1001 |
| 200-day moving average | $0.0428 |
| Target price | N/A |
| PE ratio | 11.25 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.012 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.135
| 1 week (2022-06-24) | -22.86% |
|---|---|
| 1 month (2022-06-02) | 35.00% |
| 3 months (2022-04-01) | 285.71% |
| 6 months (2021-12-31) | 419.23% |
| 1 year (2021-07-02) | 800.00% |
|---|---|
| 2 years (2020-07-02) | 2,150.00% |
| 3 years (2019-06-28) | 1,828.57% |
| 5 years (2017-06-30) | 2,600.00% |
Valuing Resource Mining Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Resource Mining Corporation 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Resource Mining Corporation 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Resource Mining Corporation shares trade at around 11x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
| Revenue TTM | $210 |
|---|---|
| Gross profit TTM | $650,125 |
| Return on assets TTM | -559.07% |
| Return on equity TTM | 0% |
| Profit margin | 1786791.4% |
| Book value | -0.018 |
| Market capitalisation | $55.1 million |
TTM: trailing 12 months
We're not expecting Resource Mining Corporation to pay a dividend over the next 12 months.
Resource Mining Corporation 's shares were split on a 1:10 basis on 29 November 2015. So if you had owned 10 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your Resource Mining Corporation shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Resource Mining Corporation shares which in turn could have impacted Resource Mining Corporation 's share price.
Over the last 12 months, Resource Mining Corporation 's shares have ranged in value from as little as $0.013 up to $0.19. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Resource Mining Corporation 's is 0.3456. This would suggest that Resource Mining Corporation 's shares are less volatile than average (for this exchange).
Resource Mining Corporation Limited engages in the mineral exploration business in Tanzania and Papua New Guinea. It holds a 100% interest in the Wowo Gap nickel/cobalt/laterite project located in Port Moresby; and a 75% interest in the Kabulwanyele Nickel project situated near the Western border of Tanzania. The company has an option to acquire an interest in the Roussakero Nickel, Hirvikallio Lithium, and Kola Lithium projects. Resource Mining Corporation Limited was incorporated in 1984 and is based in West Perth, Australia.
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