Resource Mining Corporation Limited

Resource Mining Corporation Limitedverified

RMI.AX

Price:

$0.007

Market Cap:

$4.57M

Resource Mining Corporation Limited engages in mineral exploration activities. The company explores for nickel, lithium, and cobalt deposits. It holds an interest in the Kabulwanyele nickel project comprising two granted licenses covering an area of approximately 20.5 square kilometers located in Tanzania. The company has an option to acquire 100% interest in the Roussakero Nickel, Hirvikallio Lithium, and Kola Lithium projects located in Finland; and the Massive Nickel project consisting of the Kabanga North Nickel, Kapalagula project, and Southern projects located in Tanzania. Resource Mining Corporation Limited was incorporated in 1984 and is based in West Perth, Australia.[Read more]

Industry

Industrial Materials

IPO Date

1999-07-26

Stock Exchange

ASX

Ticker

RMI.AX

The ROE as of January 2025 (TTM) for Resource Mining Corporation Limited (RMI.AX) is -0.04%

According to Resource Mining Corporation Limited’s latest financial reports and current stock price. The company's current ROE is -0.04%. This represents a change of -99.91% compared to the average of -50.01% of the last 4 quarters.

Resource Mining Corporation Limited (RMI.AX) Historical ROE (quarterly & annually)

How has RMI.AX ROE performed in the past?

The mean historical ROE of Resource Mining Corporation Limited over the last ten years is 14.41%. The current -0.04% ROE has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), RMI.AX's ROE was at its highest in in the June 2019 quarter at 3.98%. The ROE was at its lowest in in the September 2012 quarter at -2896.91%.

Quarterly (TTM)
Annual

Average

14.41%

Median

4.50%

Minimum

-236.44%

Maximum

59.33%

Resource Mining Corporation Limited (RMI.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Resource Mining Corporation Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.74%

Maximum Annual ROE = 59.33%

Minimum Annual Increase = -507.29%

Minimum Annual ROE = -236.44%

Quarterly (TTM)
Annual
YearROEChange
2024-36.27%-84.66%
2023-236.44%-149.43%
2022478.33%3.74%
202112.47%78.63%
20206.98%-99.92%
20198.52%-22.64%
201811.01%-33.86%
201716.65%-65.59%
201648.38%-18.45%
201559.33%-507.29%

Resource Mining Corporation Limited (RMI.AX) Average ROE

How has RMI.AX ROE performed in the past?

The current ROE of Resource Mining Corporation Limited (RMI.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

68.54%

5-year avg

45.01%

10-year avg

14.41%

Resource Mining Corporation Limited (RMI.AX) ROE vs. Peers

How is RMI.AX’s ROE compared to its peers?

Resource Mining Corporation Limited’s ROE is greater than Rimfire Pacific Mining Limited (-8.38%), greater than Red Metal Limited (-97.47%), greater than Rox Resources Limited (-0.03%), greater than Reward Minerals Ltd (-290.18%), greater than Redstone Resources Limited (-0.01%),

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