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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$8.54M
Enterprise ValueC$11.00
Total Cash (Recent Filing)C$486.75K
Total Debt (Recent Filing)C$2.36M
Price to Earnings (P/E)―
Beta2.39
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
Targeted Exploration FocusA clear, asset-centric business model focused on base and precious metals provides durable optionality: discoveries or resource definition can create high-value assets that can be farmed out, joint-ventured, or sold. This asset-based model supports long-term upside independent of short-term markets.
Project Advancement StrategyAn explicit strategy to advance projects toward development or transactions increases chances of value realization without requiring full-scale mine development. Demonstrating exploration progress and de-risking assets raises attractiveness to partners or acquirers, enabling non-dilutive monetization paths over months to years.
Evidence Of Moderated Cash Burn And Asset ImprovementRecent reductions in annual cash burn and modest asset improvement signal emerging cost discipline and better capital allocation. While still loss-making, a downshift in burn can extend runway, reduce near-term financing frequency, and improve chances of reaching value-inflection milestones from exploration activities.
Bears Say
No Revenue And Persistent LossesThe company lacks operating scale and generates no revenue, making it fully dependent on capital markets to fund operations. Persistent losses erode investor equity and limit reinvestment capacity; without a clear revenue pathway, funding risk and strategic dependence on partner deals remain structural constraints.
Stressed Balance Sheet And LeverageNegative equity and debt that exceeds assets indicate weak capitalization and elevated refinancing risk. This structural imbalance reduces financial flexibility, increases the likelihood of dilution or distressed financing, and may constrain the company's ability to pursue or fund exploration programs sustainably.
Consistently Negative Cash GenerationPersistent negative operating and free cash flows create an ongoing need for external funding. Over the medium term this raises dilution risk, limits ability to scale exploration activities internally, and forces prioritization of projects, weakening long-term growth prospects absent new capital or strategic partnerships.
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$8.54M.
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 43 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.