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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$0.02 - C$0.21
Previous CloseN/A
Volume9.00K
Average Volume (3M)97.67K
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)―
Beta0.83
Next Earnings
Dec 17, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding61,011,524
10 Day Avg. Volume36,400
30 Day Avg. Volume97,665
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
Project OptionalityThe business model provides multiple routes to create value from mineral interests, including exploration, joint ventures, option agreements, and monetization. This optionality can help the company advance projects while potentially sharing development costs or securing capital through strategic transactions.
Asset Base ImprovementImprovement in the asset base versus 2024 indicates some progress in the company’s underlying resource position or balance-sheet holdings. While this does not resolve capitalization concerns, a growing asset base may support future project financing, partnerships, or monetization efforts.
Reduced Historical Cash BurnThe reduction in annual cash burn during 2024 and 2026 compared with 2022–2023 shows that spending has at times been moderated. Better cost control could extend the operating runway and allow management to prioritize the most promising mineral projects, even though TTM burn has since reaccelerated.
Bears Say
No Operating RevenueThe absence of reported revenue across every period demonstrates that the company has not yet achieved operating scale or commercial production. Without recurring sales, funding for exploration and corporate costs depends on external capital, while the path to sustainable profitability remains uncertain.
Weak CapitalizationNegative equity and debt exceeding assets indicate a materially stressed capital structure. This limits financial flexibility, increases refinancing pressure, and may force the company to seek additional funding on unfavorable terms, including potential dilution, before it can advance its projects.
Persistent Cash BurnConsistently negative operating and free cash flow shows that the business does not currently fund itself. The reacceleration of TTM cash burn indicates continuing financing needs, leaving less flexibility to sustain exploration programs and increasing dependence on new external funding.
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$0.21 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 Dec 17, 2026 which is in 77 days.
How were Red Metal Resources Ltd.’s earnings last quarter?
Red Metal Resources Ltd. released its earnings results on Sep 26, 2025. The company reported -C$0.007 earnings per share for the quarter.
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?
Red Metal Resources Ltd. reported an EPS of -C$0.007 in its last earnings report. Following the earnings report the stock price went same 0%.
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.