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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$7.93M
Enterprise ValueC$11.00
Total Cash (Recent Filing)C$486.75K
Total Debt (Recent Filing)C$2.36M
Price to Earnings (P/E)―
Beta2.38
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 pure-play early-stage mineral exploration model concentrates capital on target generation, mapping, sampling and drilling. This provides optionality: value is created by discoveries or by advancing assets to attract JV/transaction partners, limiting long-term fixed-cost burdens if managed prudently.
Asset Base Improvement Vs 2024Measured asset growth relative to prior year suggests progress in capitalized exploration or property position strengthening. Sustained asset additions can underpin future JV or sale opportunities and modestly improve balance-sheet ratios if coupled with controlled funding, enhancing strategic optionality.
Evidence Of Reduced Cash Burn In Recent YearsA trend toward lower annual cash burn indicates cost discipline and better cash management. If sustained, this extends runway for exploration programs and reduces near-term financing frequency, allowing management more time to advance assets or pursue transactions without immediate dilutive raises.
Bears Say
No Revenue And Persistent LossesAbsence of operating revenue means the company cannot self-fund activities from operations. Persistent multi-year losses increase reliance on external capital or asset dispositions, raising dilution and refinancing risk. Long-term viability depends on discovery value or successful transactions.
Negative Shareholders' Equity And High LeverageConsistent negative equity and debt exceeding assets indicate accumulated deficits and weak capitalization. This structural imbalance elevates refinancing and creditor risks, constrains strategic flexibility, and may force dilutive financing or asset sales to repair the balance sheet.
Consistently Negative Operating And Free Cash FlowSustained negative operating and free cash flow demonstrates that core activities consume cash, necessitating external funding to sustain exploration. Ongoing negative flows make long-term planning uncertain and increase the likelihood of financing-related delays or compromises to project timelines.
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$7.93M.
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 52 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.