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RMES Stock Chart & Stats
C$0.13
<C$0.01(8.33%)
At close: 4:00 PM EST
C$0.13
<C$0.01(8.33%)
Day’s Range― - ―
52-Week RangeC$0.01 - C$0.19
Previous CloseN/A
Volume9.00K
Average Volume (3M)159.66K
Market Cap
C$5.49M
Enterprise ValueC$5.91M
Total Cash (Recent Filing)C$486.75K
Total Debt (Recent Filing)C$2.36M
Price to Earnings (P/E)―
Beta2.20
Next Earnings
Sep 24, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding61,011,524
10 Day Avg. Volume411,745
30 Day Avg. Volume159,659
Financial Highlights & Ratios
PEG Ratio0.52
Price to Book (P/B)-1.27
Price to Sales (P/S)0.00
P/FCF Ratio-6.74
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Focused Exploration Business ModelA focused early-stage exploration model concentrates capital on high-leverage activities (mapping, sampling, drilling) and targets value creation via discoveries or transactions. This business model is durable for juniors: it enables project advancement or farm-outs without requiring operating revenues to sustain core operations.
Recent Reduction In Cash BurnA multi-year reduction in cash burn demonstrates management's ability to cut costs and extend runway, lowering near-term financing pressure. Sustained cost discipline increases the chance to reach exploration milestones or secure JV partners before requiring dilutive capital, a structurally positive trend if maintained.
Lean Operating StructureAn extremely small headcount implies a very low fixed-cost base, allowing limited capital to be directed to exploration activities and field programs. This lean structure reduces ongoing overhead and helps preserve cash runway, which is a durable operational advantage for an early-stage mineral explorer.
Bears Say
No Revenue And Persistent Net LossesAbsence of operating revenue and continued net losses mean the company cannot self-finance growth and remains dependent on external capital or asset transactions. This structural lack of operating scale increases dilution and constrains long-term planning until a sale, JV, or commercial production occurs.
Negative Shareholders' Equity And Stressed Balance SheetNegative equity and debt exceeding assets signal deep capitalization stress and raise refinancing and creditor risk. Structurally weak capital positions limit access to favorable financing, increase the likelihood of dilutive raises, and constrain the company's ability to pursue larger exploration programs or secure strategic partners.
Consistent Negative Operating And Free Cash FlowSustained negative cash generation forces ongoing reliance on external funding or asset disposals to fund exploration. Although burn temporarily improved, the TTM re-acceleration underscores structural funding risk: project advancement and long-term viability are contingent on capital raises or partner financing.
Red Metal Resources Ltd. News
RMES FAQ
What was Red Metal Resources Ltd.’s price range in the past 12 months?
Red Metal Resources Ltd. lowest stock price was C$0.01 and its highest was C$0.18 in the past 12 months.
What is Red Metal Resources Ltd.’s market cap?
Red Metal Resources Ltd.’s market cap is C$5.49M.
When is Red Metal Resources Ltd.’s upcoming earnings report date?
Red Metal Resources Ltd.’s upcoming earnings report date is Sep 24, 2026 which is in 81 days.
How were Red Metal Resources Ltd.’s earnings last quarter?
Currently, no data Available
Is Red Metal Resources Ltd. overvalued?
According to Wall Street analysts Red Metal Resources Ltd.’s price is currently Overvalued.
Does Red Metal Resources Ltd. pay dividends?
Red Metal Resources Ltd. does not currently pay dividends.
What is Red Metal Resources Ltd.’s EPS estimate?
Red Metal Resources Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Red Metal Resources Ltd. have?
Red Metal Resources Ltd. has 61,011,524 shares outstanding.
What happened to Red Metal Resources Ltd.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Red Metal Resources Ltd.?
Currently, no hedge funds are holding shares in TSE:RMES
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Red Metal Resources Ltd.
Headquartered in Vancouver, Canada, Red Metal Resources Ltd. specializes in identifying, acquiring, and advancing mineral properties across Chile. The company primarily targets deposits of copper, gold, cobalt, and silver. Its premier asset is the Farellón project, comprising eight mining concessions that span approximately 1,234 hectares within Chile's Carrizal Alto mining district. Additionally, Red Metal holds interests in the Perth property, which includes thirteen concessions covering 2,044 hectares in Northern Chile, and the Mateo project, consisting of five mineral concessions totaling 182 hectares. The enterprise was founded in 2005 and underwent a name change in August 2008, transitioning from its former identity as Red Lake Exploration, Inc.