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Red Metal Limited
(Sydney:RDM)
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Rating:48Neutral
Price Target:
AU$0.13
▲(3.08% Upside)
Action:Reiterated
Date:09/24/26
The score is held down primarily by weak financial performance, highlighted by a collapse in revenue and persistent cash burn despite a stronger low-debt balance sheet. Technical indicators also point to soft momentum. A low P/E provides some support, but it is tempered by concerns that recent profit may be driven by non-operating items rather than durable operating improvement.
Positive Factors
Conservative leverage
Very low debt relative to equity reduces solvency pressure and interest-related constraints, giving the company greater flexibility to manage losses or pursue a turnaround. This conservative capital structure is a durable financial advantage even though operating performance remains weak.
Negative Factors
Revenue collapse
A collapse to zero revenue indicates that operating activity has effectively stalled, weakening the company’s ability to generate recurring sales and fund its business. Rebuilding a reliable revenue base is essential before earnings or cash generation can become durable.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Very low debt relative to equity reduces solvency pressure and interest-related constraints, giving the company greater flexibility to manage losses or pursue a turnaround. This conservative capital structure is a durable financial advantage even though operating performance remains weak.
Read all positive factors
Red Metal Limited (RDM) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$52.37M
Dividend YieldN/A
Average Volume (3M)285.99K
Price to Earnings (P/E)2.5
Beta (1Y)1.28
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
Employees5
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)0.05
Shares Outstanding387,944,640
10 Day Avg. Volume211,303
30 Day Avg. Volume285,985
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)5.51
Price to Sales (P/S)0.00
P/FCF Ratio-12.05
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 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,...
Red Metal Limited Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 1.78M | 1.83M | 793.07K | 2.63M |
| Gross Profit | -142.90K | 1.78M | 1.83M | 793.07K | 2.51M |
| EBITDA | -2.27M | -12.19M | -7.78M | -10.64M | -2.58M |
| Net Income | 19.99M | -7.47M | -5.64M | -6.21M | -2.29M |
Balance Sheet | |||||
| Total Assets | 11.93M | 9.33M | 13.87M | 8.40M | 16.66M |
| Cash, Cash Equivalents and Short-Term Investments | 4.46M | 7.99M | 12.21M | 6.65M | 14.92M |
| Total Debt | 130.82K | 272.87K | 533.31K | 568.09K | 686.52K |
| Total Liabilities | 679.26K | 1.33M | 2.13M | 2.23M | 1.20M |
| Stockholders Equity | 11.25M | 6.43M | 6.37M | 3.51M | 8.83M |
Cash Flow | |||||
| Free Cash Flow | -5.15M | -10.11M | -7.47M | -8.36M | -2.17M |
| Operating Cash Flow | -5.15M | -10.10M | -7.46M | -562.70K | -411.36K |
| Investing Cash Flow | 49.43K | -6.82K | -7.97K | -7.64M | -1.15M |
| Financing Cash Flow | 1.57M | 5.90M | 13.02M | -67.52K | 13.99M |
Red Metal Limited Technical Analysis
Positive
0.13
Price Trends
0.13
Positive
0.14
Positive
0.11
Positive
Market Momentum
<0.01
Negative
60.31
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:RDM, the sentiment is Positive. The current price of 0.13 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and above the 200-day MA of 0.11, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.31 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:RDM.
Red Metal Limited 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% | |
48 Neutral | AU$52.37M | 2.51 | 84.19% | ― | ― | ― | |
44 Neutral | AU$75.61M | -5.59 | -240.16% | ― | 2.80% | 24.39% | |
43 Neutral | AU$51.13M | -15.53 | -2.63% | ― | ― | 11.63% | |
42 Neutral | AU$41.25M | -7.12 | -8.90% | ― | ― | ― | |
41 Neutral | AU$61.11M | -1.38 | -342.18% | ― | ― | -17.24% |
* Basic Materials Sector Average
AU:RDM
Red Metal Limited
0.14
0.04
46.74%
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Sunstone Metals Limited
0.18
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-73.91%
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Terramin Australia Limited
0.02
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-50.00%
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Mithril Resources Ltd
0.22
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Native Mineral Resources Holdings Ltd.
0.05
-0.06
-53.04%
Red Metal Limited Corporate Events
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 ...
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 dir...
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...
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, modest...
Red Metal Seeks ASX Quotation for 500,000 New Shares
Aug 7, 2026
Red Metal Limited has applied to the ASX for quotation of 500,000 additional ordinary fully paid shares under its existing ticker RDM, with an issue date of 7 August 2026. The move modestly increases the company’s listed share base and refle...
Red Metal launches pre-feasibility study for Sybella rare earth heap leach project
Jul 29, 2026
Red Metal Limited has launched a pre-feasibility study to evaluate heap leach processing for its Sybella rare earth deposit, commissioning Queensland-based consultants DRA Global, AMDAD and The Core Group to design, optimise and cost the mining, p...
Red Metal Limited Confirms Issue of 1,000,000 Shares on Option Exercise
Jul 6, 2026
Red Metal Limited has issued 1,000,000 ordinary fully paid shares following the exercise of an equivalent number of unquoted options, modestly expanding its share capital base. The company states that these shares were issued without a formal pros...
Red Metal Seeks ASX Quotation for 1 Million New Shares
Jul 6, 2026
Red Metal Limited has applied for quotation on the ASX of 1,000,000 new ordinary fully paid shares, with an issue date of July 6, 2026. The additional securities, arising from the exercise or conversion of existing instruments, modestly expand the...
Red Metal Issues 1 Million New Shares Through Option Exercise
Jun 29, 2026
Red Metal Limited has issued 1,000,000 new ordinary fully paid shares following the exercise of an equivalent number of unquoted options, increasing its share capital without a separate disclosure document. The company confirmed that the issuance ...
ATO Class Ruling Clarifies Tax Treatment of Red Metal’s Maronan Share Distribution
Jun 26, 2026
Red Metal Limited has announced that the Australian Taxation Office has issued a Class Ruling covering the income tax consequences for its shareholders who received a return of capital via an in‑specie distribution of Maronan Metals Limited ...
Red Metal flags major rare earths discovery at Sybella project
Jun 24, 2026
Red Metal Limited has highlighted a new rare earth opportunity at its Sybella project near Mount Isa in north-west Queensland, describing the discovery as having the potential scale of an “Escondida of Rare Earths.” The company holds a...
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.