Resource Mining Corporation Share Price and Company Fundamentals



Price
$0.12
Change
0.000 (0.000%)
52 week
0.014 - 0.19

Last traded: Yesterday at 5:11 AM

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.

Key Metrics

PE ratio

10.96

PB ratio

-

Dividend yield

0.00%

Beta

0.38

Market cap

-

Enterprise value

-

Company profile

Primary activitiesNickel exploration Tanzania.
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttps://www.resmin.com.au
Mailing address16 Ord Street Ground Floor West Perth WA 6008 Australia
Phone / Fax61 8 9480 0500 /
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Resource Mining Corporation Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Resource Mining Corporation paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RMI dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

RMI's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Sep 2022, following are the company executives and directors listed on Resource Mining Corporation.

NameTitleAgeTotal Pay
Mr. Asimwe Matungwa Herman KabungaExec. Chairman48
Mr. Noel O'BrienNon-Exec. Technical Director
Ms. Deborah Ho AGIA, B.Com.Company Sec.33

Profitability and management effectiveness

Profit margin

1,786,791.41%

Operating margin

-491,810.45%

Return on assets

-559.07%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Resource Mining Corporation is and its enterprise value is .

The RMI's stocks Beta value is 0.38 making it 62% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Resource Mining Corporation (RMI)

Resource Mining Corporation (ASX:RMI) Frequently Asked Questions

1. What is Resource Mining Corporation's Stock Symbol?

Resource Mining Corporation trades on ASX under the ticker symbol "RMI".

2. What is Resource Mining Corporation's stock price today?

One share of RMI stock can currently be purchased for approximately $0.12.

3. How can I contact Resource Mining Corporation?

Resource Mining Corporation's mailing address is 16 Ord Street Ground Floor West Perth WA 6008 Australia. The company can be reached via phone at 61 8 9480 0500.

4. What is Resource Mining Corporation's official website?

The official website of Resource Mining Corporation is https://www.resmin.com.au.

5. Which share registry manages Resource Mining Corporation's stock?

Resource Mining Corporation's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.