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Red Metal Limited
(Sydney:RDM)
Red Metal Limited (RDM) vs. iShares MSCI Australia ETF (EWA)
Red Metal Limited Business Overview & Revenue Model
Red Metal Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 32.96K | 1.78M | 1.83M | 793.07K | 2.63M | 3.37M |
| Gross Profit | -228.27K | 1.78M | 1.83M | 793.07K | 2.51M | 3.27M |
| EBITDA | -12.90M | -12.19M | -7.78M | -10.64M | -2.58M | -1.26M |
| Net Income | -7.47M | -7.47M | -5.64M | -6.21M | -2.29M | -1.36M |
Balance Sheet | ||||||
| Total Assets | 9.33M | 9.33M | 13.87M | 8.40M | 16.66M | 4.36M |
| Cash, Cash Equivalents and Short-Term Investments | 7.99M | 7.99M | 12.21M | 6.65M | 14.92M | 2.49M |
| Total Debt | 272.87K | 272.87K | 533.31K | 568.09K | 686.52K | 135.27K |
| Total Liabilities | 1.33M | 1.33M | 2.13M | 2.23M | 1.20M | 1.13M |
| Stockholders Equity | 6.43M | 6.43M | 6.37M | 3.51M | 8.83M | 3.23M |
Cash Flow | ||||||
| Free Cash Flow | -10.12M | -10.11M | -7.47M | -8.36M | -2.17M | -1.57M |
| Operating Cash Flow | -10.10M | -10.10M | -7.46M | -562.70K | -411.36K | -348.22K |
| Investing Cash Flow | -6.82K | -6.82K | -7.97K | -7.64M | -1.15M | -1.22M |
| Financing Cash Flow | 5.90M | 5.90M | 13.02M | -67.52K | 13.99M | 2.72M |
Red Metal Limited Technical Analysis
Red Metal Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$123.01M | ― | -2.30% | ― | ― | 12.50% | |
51 Neutral | AU$100.68M | ― | -10.46% | ― | -85.84% | 73.66% | |
45 Neutral | AU$118.67M | ― | -27.55% | ― | -71.00% | 9.44% | |
44 Neutral | AU$53.48M | ― | -116.65% | ― | ― | -11.33% | |
40 Neutral | €73.82M | ― | -1.95% | ― | ― | 21.74% | |
39 Underperform | AU$41.44M | ― | -13.86% | ― | ― | -12.34% |
Red Metal Limited Corporate Events
Red Metal Limited has announced its Annual General Meeting scheduled for November 17, 2025. The company encourages shareholders to access meeting documents online and submit proxy forms and questions in advance to facilitate a well-prepared meeting. The outcomes of the meeting resolutions will be shared via the ASX announcements platform.
Red Metal Limited has announced a change in the interests of its director, Joshua Pitt, in the company’s securities. The change involves the exercise of options, resulting in an increase in ordinary shares held by Mr. Pitt. This adjustment reflects a strategic move by the director to convert options into shares, potentially signaling confidence in the company’s future performance.
Red Metal Limited has announced the issuance of 4,602,771 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) as of October 16, 2025. This move is part of the company’s strategic efforts to strengthen its financial position and potentially expand its operational capabilities, impacting its market standing and offering new opportunities for stakeholders.
Red Metal Limited has announced the upcoming expiry of its unlisted options, RDMAAC, which are set to expire on October 25, 2025. Holders of these options have been notified to exercise their rights by paying $0.13 per option before the deadline to convert them into fully paid ordinary shares. This announcement is significant for stakeholders as it provides an opportunity to invest further in the company, potentially impacting the company’s capital structure and shareholder base.
Red Metal Limited has announced the allotment of 600,000 ordinary fully paid shares following the exercise of unquoted options. This move was executed without disclosure to investors under the Corporations Act 2001, and the company confirms compliance with relevant provisions of the Act. This development signifies a strategic financial maneuver that may enhance the company’s liquidity and shareholder base, potentially impacting its market positioning.
Red Metal Limited has announced the quotation of 2,375,000 ordinary fully paid securities on the ASX, marking a significant step in its financial operations. This move is expected to enhance the company’s liquidity and potentially improve its market positioning, offering stakeholders an opportunity to engage with the company’s growth trajectory.
Red Metal Limited has announced the issuance of 600,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial standing and potentially expand its operational capabilities, signaling a positive development for stakeholders and investors.
Red Metal Limited has announced the issuance of 855,681 ordinary fully paid securities, which are set to be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial flexibility and support its growth initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
Red Metal Limited has completed two proof-of-concept drill tests on its Three Ways and Gulf copper-gold projects, supported by $400,000 in grants from the Queensland Government. The drilling at Three Ways encountered carbonaceous shale and marble with magnetic pyrrhotite and minor chalcopyrite, but the drill hole missed the core of the magnetic target, necessitating further geochemical analysis and potential follow-up drilling.
Red Metal Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms the company’s adherence to the ASX Corporate Governance Council’s recommendations, indicating a commitment to transparency and accountability in its operations, which is crucial for maintaining investor confidence and industry positioning.
Red Metal Limited has released its Annual Report for 2025, detailing its financial performance and strategic initiatives. The report is crucial for stakeholders as it provides insights into the company’s operational progress and future plans, potentially impacting its market positioning and investor confidence.
Red Metal Limited has announced the quotation of 477,063 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of September 25, 2025. This move is part of the company’s strategy to enhance its capital structure, potentially impacting its operational capabilities and market positioning by providing additional financial resources to support its exploration and development projects.
Maronan Metals Ltd, partially owned by Red Metal Limited, has released a Preliminary Economic Assessment for the underground development of the Starter Zone at the Maronan deposit. The study indicates a strong economic case for the project, highlighting a long life, diversified polymetallic operation with a high-grade silver resource. The preferred development pathway involves constructing a standalone processing facility, with potential for expanded production and improved project economics.
Red Metal Limited has commenced its maiden drilling program at the Pardoo Project, targeting two magnetic anomalies in the Hemi structural corridor. This initiative aims to explore potential Hemi-style gold mineralization or lithium pegmatites, with the program expected to take four weeks to complete. The exploration is supported by soil sampling and geophysical surveys, which add credibility to the untested exploration concepts. The outcome of this drilling could significantly impact Red Metal’s operations and positioning within the mining sector.
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.
Red Metal Limited has announced that its 2025 Annual General Meeting will take place on November 17, 2025. The company is inviting director nominations for election, which must be submitted by October 3, 2025. This meeting is a key event for stakeholders, as it will address the company’s future plans and operations.
Red Metal Limited has commenced diamond core drilling at its Pulkarrimarra Project in the Paterson Province, Western Australia. The project targets sedimentary-hosted copper and high-priority gold targets, with funding support from BHP for the western targets. The drilling program is expected to take three months, with the potential to expedite completion using a second rig. This development positions Red Metal strategically within a region noted for significant mineral discoveries, potentially enhancing its market presence and offering promising opportunities for stakeholders.
Red Metal Limited has announced the issuance of 223,743 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code RDM. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, offering stakeholders an opportunity to engage with its growth prospects.
Red Metal Limited has announced the cessation of 2,475,000 securities, specifically options that expired on July 28, 2025, without being exercised or converted. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategy and market positioning.
Red Metal Limited announced the cessation of 8,250,000 securities due to the expiry of options or other convertible securities without exercise or conversion as of November 30, 2024. This cessation may impact the company’s capital structure and could influence investor perceptions and market positioning.
Red Metal Limited’s June 2025 quarterly report highlights significant progress in its Sybella Rare Earth Elements project in Queensland, with successful leach tests indicating potential for large extensions to the Kary Zone. The company also secured a $400,000 grant for copper-gold drilling projects in Queensland and is advancing gold exploration in Western Australia. These developments could enhance Red Metal’s operational capabilities and strengthen its position in the mining sector, potentially benefiting stakeholders through increased resource estimates and exploration successes.
Red Metal Limited, listed on the ASX under the code RDM, has a market capitalization of $43 million and a share price of 12 cents as of July 23, 2025. The company has 359,658,006 shares on issue and reported cash holdings of $4.9 million as of June 2025. The substantial shareholders include directors and management, Freeport Minerals, and others. The announcement highlights the company’s financial snapshot and shareholder structure, which may impact investor perceptions and strategic decisions. This information provides stakeholders with insights into the company’s financial health and market positioning.