Want to see TSE:RMES full AI Analyst Report?
Top Page
Red Metal Resources Ltd.
(RMES)
Select Model
Select Model
Rating:40Underperform
Price Target:
C$0.09
▼(-34.62% Downside)
Action:Downgraded
Date:07/04/26
The score is primarily pressured by very weak financial performance (no revenue, ongoing losses, negative equity, and continued cash burn suggesting reliance on external financing). Technicals add additional downside/uncertainty with price below key moving averages and a negative MACD. Valuation is also unfavorable because the company is loss-making (negative P/E) and provides no dividend yield.
Positive Factors
Focused exploration business model
A 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.
Negative Factors
No revenue and persistent net losses
Absence 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.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused exploration business model
A 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.
Read all positive factors
Red Metal Resources Ltd. (RMES) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$5.49M
Dividend YieldN/A
Average Volume (3M)159.66K
Price to Earnings (P/E)―
Beta (1Y)2.20
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees1
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
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
Red Metal Resources Ltd. Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
null...
Red Metal Resources Ltd. Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -7.26K | -7.79K | -10.45K | -15.80K | -18.92K | -8.63K |
| EBITDA | -1.21M | -773.35K | -667.09K | -274.31K | -1.59M | -1.14M |
| Net Income | -1.49M | -1.04M | -893.72K | -637.81K | -1.77M | -1.62M |
Balance Sheet | ||||||
| Total Assets | 1.68M | 1.63M | 1.35M | 841.41K | 1.01M | 1.47M |
| Cash, Cash Equivalents and Short-Term Investments | 486.75K | 455.17K | 264.78K | 25.70K | 20.78K | 474.32K |
| Total Debt | 2.36M | 2.29M | 2.04M | 2.56M | 2.20M | 1.56M |
| Total Liabilities | 3.75M | 3.85M | 3.17M | 3.53M | 2.99M | 2.11M |
| Stockholders Equity | -2.07M | -2.22M | -1.82M | -2.68M | -1.98M | -642.65K |
Cash Flow | ||||||
| Free Cash Flow | -676.13K | -419.12K | -483.84K | -161.47K | -1.34M | -1.10M |
| Operating Cash Flow | -676.13K | -419.12K | -478.84K | -161.47K | -1.29M | -1.10M |
| Investing Cash Flow | 0.00 | 0.00 | -5.00K | 0.00 | -55.57K | -413.50K |
| Financing Cash Flow | 998.27K | 609.23K | 722.77K | 167.58K | 886.58K | 1.52M |
Red Metal Resources Ltd. Technical Analysis
Negative
0.13
Price Trends
0.12
Negative
0.11
Negative
0.07
Positive
Market Momentum
>-0.01
Negative
43.21
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RMES, the sentiment is Negative. The current price of 0.13 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.12, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.21 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RMES.
Red Metal Resources Ltd. Risk Analysis
Red Metal Resources Ltd. disclosed 25 risk factors in its most recent earnings report. Red Metal Resources Ltd. reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Red Metal Resources Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
50 Neutral | C$8.08M | -8.22 | -52.50% | ― | ― | -205.88% | |
46 Neutral | C$3.34M | -5.00 | 20.51% | ― | ― | 3.45% | |
45 Neutral | C$8.93M | -1.28 | -80.37% | ― | ― | 31.52% | |
43 Neutral | C$3.98M | -1.51 | -27.93% | ― | ― | 84.58% | |
40 Underperform | C$5.49M | -4.11 | ― | ― | ― | ― |
* Basic Materials Sector Average
TSE:RMES
Red Metal Resources Ltd.
0.09
0.07
350.00%
TSE:RXM
Rockex Mining
0.03
<0.01
25.00%
TSE:VRR
VR Resources
0.10
-0.15
-60.00%
TSE:NSJ
NSJ Gold
0.34
0.31
1033.33%
TSE:MNRG
Monumental Gold
0.08
0.02
23.08%
TSE:TRAC
Traction Exploration
1.42
0.58
69.05%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.