RMX Shares Red Mountain Mining Limited
ASX · ASXLast in our picks 2026-09-23 — not in the current list; analysis below is from that screen
Ultra-small speculative lithium exposure with optionality from exploration success.
Signal breakdown
- ▸Too illiquid for high-conviction investable ranking.
- ▸Above 50-day MA (+9.89%)
- ▸Volume 1.74× average — accumulation
- ▾Near 52-week low (7.7% of range)
Is RMX a buy right now?
Trend: RMX is trading below the 50-day average (-10.00%), RSI 40 — neutral momentum, with a 3-month return of -18.18%.
Valuation & quality: Red Mountain Mining Limited trades on price-to-book 2.25; fundamentals show net margin 0.0%, return on equity -164.8%, revenue growth 451.1% year on year.
Our screen: BUY (score 2) — Ultra-small speculative lithium exposure with optionality from exploration success.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -33.30% | +0.00% | +0.00% | -50.00% | +0.00% | +0.00% | +0.00% | +0.00% |
Fundamentals
Technical signals
About Red Mountain Mining Limited
Red Mountain Mining Limited engages in mineral exploration activities in the United States, Australia, and Canada. It explores for antimony, tungsten, silver, lithium, niobium, gold, and copper deposits.
Sector: Basic Materials · Industry: Gold · Australia · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.