We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
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.
How to buy shares in Resource Mining Corporation
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Resource Mining Corporation . Find the share by name or ticker symbol: RMI. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Resource Mining Corporation reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Resource Mining Corporation . Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
Our top pick for
US stocks

Our top pick for
Overall broker

Our top pick for
Low-cost broker

What's in this guide?
- Resource Mining Corporation key stats
- Compare share trading platforms
- Is Resource Mining Corporation stock a buy or sell?
- Resource Mining Corporation performance over time
- Are Resource Mining Corporation shares over-valued?
- Resource Mining Corporation 's financials
- How volatile are Resource Mining Corporation shares?
- Does Resource Mining Corporation pay a dividend?
- Have Resource Mining Corporation shares ever split?
- Other common questions
Resource Mining Corporation stock price (ASX:RMI)
Use our graph to track the performance of RMI stocks over time.Resource Mining Corporation shares at a glance
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 |
Compare share trading platforms
Is it a good time to buy Resource Mining Corporation stock?
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.
Resource Mining Corporation price performance over time
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% |
Is Resource Mining Corporation under- or over-valued?
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 P/E ratio
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.
Resource Mining Corporation financials
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
Resource Mining Corporation share dividends
We're not expecting Resource Mining Corporation to pay a dividend over the next 12 months.
Have Resource Mining Corporation 's shares ever split?
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.
Resource Mining Corporation share price volatility
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 overview
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.
Stocks similar to Resource Mining Corporation
Resource Mining Corporation in the news
Frequently asked questions
More guides on Finder
-
How to buy Nordic Nickel (NNL) shares
Steps to owning and managing Nordic Nickel shares.
-
How to buy Dusk (DSK) shares
Steps to owning and managing Dusk shares.
-
How to invest in the Octava Minerals IPO
Everything we know about the Octava Minerals IPO, plus information on how to buy in.
-
How to invest in the Australia Sunny Glass Group IPO
Everything we know about the Australia Sunny Glass Group IPO, plus information on how to buy in.
-
How to buy Kincora Copper (KCC) shares
Steps to owning and managing Kincora Copper shares.
-
How to invest in the Dragon Mountain Gold IPO
Everything we know about the Dragon Mountain Gold IPO, plus information on how to buy in.
-
How to buy Arcadia Minerals (AM7) shares
Steps to owning and managing Arcadia Minerals shares.
-
How to buy Nexgen Energy (NXG) shares
Steps to owning and managing Nexgen Energy shares.
-
How to buy Keypath Education (KED) shares
Steps to owning and managing Keypath Education shares.
-
What are green bonds and how do they impact the world?
If you want to directly fund climate solutions a green bond is a great place to start. Here is how they work.
Ask an Expert