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Red Metal Limited (RDM) AI Stock Analysis

11 Followers
AU:RDM

Red Metal Limited

(ASX:RDM)

Select Model
Rating:46Neutral
Price Target:AUD 0.11â–¼(-1.82% Downside)
Action:reiterated
Date:11/14/26

The score is held down primarily by poor financial performance (revenue collapse to zero, persistent operating losses, and ongoing negative operating/free cash flow). Technicals also lean bearish with the price below major moving averages and negative MACD. A very low P/E provides some support, but its reliability is reduced by the apparent non-operating nature of recent earnings and the lack of a dividend signal.

Positive Factors
Conservative LeverageLow debt relative to equity reduces solvency pressure and leaves the explorer less exposed to mandatory financing costs. This provides greater flexibility to preserve capital, fund geological work selectively, and withstand periods before projects generate commercial returns.
Negative Factors
Revenue CollapseRevenue falling to zero indicates a sharp contraction in operating activity and leaves the company without demonstrated recurring sales. This weakens evidence of commercial scale and means the business has not yet shown a self-funding operating model over the next several quarters.

Red Metal Limited (RDM) vs. iShares MSCI Australia ETF (EWA)

-25%0%25%50%75%100%125%150%175%AU:RDM+54.93%EWA+17.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 42.86M
Dividend Yield
―
Average Volume (3M)
267.97K
Price to Earnings (P/E)
2.0
Beta (1Y)
1.31
Revenue Growth
―
EPS Growth
―
Country
Australia
Employees
5
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

Red Metal Limited Business Overview & Revenue Model

Company Description

Red Metal Limited is an Australian-based enterprise primarily engaged in the acquisition and exploration of mineral properties throughout Australia. The company's core activities involve prospecting for deposits rich in copper, gold, silver, lead, zi...

Red Metal Limited Financial Statement Overview

Summary

Income statement and cash flow are very weak: revenue fell to zero in 2026 with ongoing negative EBIT/EBITDA, and operating cash flow/free cash flow are negative across all periods with deterioration into 2025–2026. The balance sheet is a partial offset with low leverage and higher equity in 2026, but the 2026 net income jump despite zero revenue appears non-operating and lower quality.

Income Statement

28Negative

Balance Sheet

62Positive

Cash Flow

22Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue3.17M01.78M1.83M793.07K2.63M
Gross Profit-142.90K-142.90K1.78M1.83M793.07K2.51M
EBITDA-2.27M-2.27M-12.19M-7.67M-10.64M-2.58M
Net Income19.99M19.99M-7.47M-5.64M-6.21M-2.29M
Balance Sheet
Total Assets11.93M11.93M9.33M13.87M8.40M16.66M
Cash, Cash Equivalents and Short-Term Investments4.46M4.46M7.99M12.21M6.65M14.92M
Total Debt130.82K130.82K272.87K533.31K568.09K686.52K
Total Liabilities679.26K679.26K1.33M2.13M2.23M1.20M
Stockholders Equity11.25M11.25M6.43M6.37M3.51M8.83M
Cash Flow
Free Cash Flow-5.15M-5.15M-10.11M-7.47M-8.36M-2.17M
Operating Cash Flow-5.15M-5.15M-10.10M-7.46M-562.70K-411.36K
Investing Cash Flow49.43K49.43K-6,824-7,966-7.64M-1.15M
Financing Cash Flow1.57M1.57M5.90M13.02M-67.52K13.99M

Red Metal Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.11

Price Trends

50DMA0.13Negative
100DMA0.14Negative
200DMA0.12Negative

Market Momentum

MACD-0.00Positive
RSI32.84Neutral
STOCH16.67Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RDM, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 32.84 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:RDM.

Red Metal Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:RDM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:RDMAU:RDM46NeutralAUD 43.36M2.0484.19%―――
AU:STMAU:STM45NeutralAUD 46.87M-14.47-2.63%――11.63%
AU:MTHAU:MTH42NeutralAUD 34.69M-6.13-8.03%―――
AU:TZNAU:TZN41NeutralAUD 63.67M-4.71-240.16%―2.80%24.39%
AU:NMRAU:NMR37UnderperformAUD 56.59M-1.47-1001.87%――-17.24%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%100%AU:RDMAU:STMAU:TZNAU:MTHAU:NMRDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:RDM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:RDMRed Metal Limited0.110.0342.86%
AU:STMSunstone Metals Limited0.17-0.42-71.79%
AU:TZNTerramin Australia Limited0.02-0.02-51.52%
AU:MTHMithril Resources Ltd0.18-0.26-57.95%
AU:NMRNative Mineral Resources Holdings Ltd.0.05-0.03-38.27%

Red Metal Limited Corporate Events

Red Metal Director Reports Share and Option Changes

Nov 12, 2026

Red Metal Limited reported that director Russell Barwick’s direct and indirect securities interests changed on 12 November 2026. He acquired 1,500,000 ordinary shares at 3.3 cents a share through the exercise of options and disposed of 1,500,000 opti...

Red Metal Allots 1.5 Million Shares Following Option Exercises

Nov 6, 2026

Red Metal Limited announced the allotment of 1.5 million fully paid ordinary shares on 6 November 2026 following the exercise of an equal number of unquoted options. The company said the issue was completed in compliance with applicable corporate rep...

Red Metal Issues 200,000 Shares on Option Exercise

Oct 30, 2026

Red Metal Limited has issued 200,000 ordinary fully paid shares following the exercise of an equivalent number of previously unquoted options. The new shares were allotted on 30 October 2026 and represent a modest expansion of the company’s issued ca...

Red Metal Limited Seeks ASX Quotation for Additional Shares

Oct 30, 2026

Red Metal Limited has lodged an application with the ASX for quotation of 200,000 ordinary fully paid shares. The new securities are scheduled to be issued and quoted on October 30, 2026, modestly increasing the company’s free-float and potentially e...

Red Metal Sets November AGM as It Pushes Digital-First Shareholder Communications

Oct 30, 2026

Red Metal Limited has called its annual general meeting for 10:00 a.m. AEDT on Monday 30 November 2026 at its Castlereagh Street offices in Sydney, with shareholders on the register as at 28 November eligible to vote. The company is shifting further...

Red Metal Advances Sybella Rare Earth Study and Expands Big Copper Strategy

Oct 29, 2026

Red Metal is advancing a Pre-Feasibility Study on its Sybella rare earth deposit in Queensland, evaluating the economics of a large-scale heap leach operation with throughputs of up to 25 million tonnes per annum. Engineering groups DRA Global, AMDAD...

Red Metal boosts Sybella rare earths case with strong Fresh Granite leach results

Oct 25, 2026

Red Metal reported strong column leach test results from Fresh Granite ore at the Sybella Rare Earth Project’s Kary Zone, achieving 65% neodymium and 68% praseodymium extraction with notably low acid consumption of 19 kilograms per tonne. These resul...

Red Metal advances Sybella rare earth heap leach trials with large-scale column tests

Oct 20, 2026

Red Metal Limited has begun large-diameter, six-metre column leach tests on Saprock and Transitional ore from its Sybella Kary Zone rare earth project in Queensland, aiming to better simulate full-scale heap leach conditions. The work is intended to...

Red Metal Sets Timetable for 2026 Annual General Meeting and Director Nominations

Oct 8, 2026

Red Metal Limited has scheduled its 2026 Annual General Meeting for 10 a.m. on Monday, 30 November 2026 in Sydney. The company has set a deadline of 5 p.m. on Friday, 16 October 2026 for receipt of written director nominations, along with consents to...

Red Metal Expands Gulf and Three Ways Tenure for Big Copper Push

Sep 27, 2026

Red Metal Limited has expanded its exploration footprint by lodging 17 new tenement applications around its Gulf and Three Ways projects in Queensland, taking its total coverage to about 5,800 square kilometres of highly prospective IOCG terrain. The...

Red Metal Files 2026 Governance Key, Confirms ASX Compliance

Sep 16, 2026

Red Metal Limited has lodged its Appendix 4G and confirmed that its corporate governance statement for the year ended 30 June 2026 is current, board-approved, and hosted on its website. The filing outlines the company’s governance framework as requir...

Red Metal Sets Out Governance Framework in 2026 Annual Report

Sep 16, 2026

Red Metal Limited is an Australian-listed resources company operating through controlled entities, with its shares traded on the Australian Securities Exchange under the code RDM. The group is overseen by a board of non-executive and executive direct...

Red Metal Expands Share Capital Through Option Conversion Under Disclosure Exemption

Aug 17, 2026

Red Metal Limited has confirmed the allotment of 500,000 ordinary fully paid shares following the exercise of an equivalent number of unquoted options, increasing its issued capital and reflecting investor uptake of existing equity incentives. The co...

Red Metal Seeks ASX Quotation for Additional 500,000 Shares

Aug 17, 2026

Red Metal Limited has applied to the ASX for quotation of 500,000 new ordinary fully paid shares, to be issued on 17 August 2026 under the code RDM. The additional securities, arising from the exercise or conversion of existing instruments, modestly...

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.

Date of analysis: Nov 14, 2026