TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Red Metal Limited ( (AU:RDM) ) has issued an announcement.
Red Metal Limited has announced the issuance of 21,217 new ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) as of September 19, 2025. This move reflects the company’s ongoing efforts to strengthen its financial position and potentially expand its operational capabilities, impacting its stakeholders by possibly enhancing market liquidity and investor interest.
More about Red Metal Limited
Red Metal Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with metals and aims to enhance its market position through strategic resource management.
Average Trading Volume: 275,190
Technical Sentiment Signal: Buy
Current Market Cap: A$53.98M
Learn more about RDM stock on TipRanks’ Stock Analysis page.