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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$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)―
Beta2.38
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
Asset Base ImprovementReported assets improving versus 2024 suggest incremental capitalized exploration value or investments. That modestly strengthens the balance sheet, can lower net leverage metrics, and helps the company better position projects for JV interest or near-term funding.
Lean Operating StructureA one-person headcount indicates a very lean corporate structure, keeping fixed overhead low. For an early-stage explorer this extends runway per financing, focuses capital on field work, and reduces ongoing dilution pressure relative to peers with larger G&A.
Exploration-focused Business ModelAs a pure-play exploration company, the firm builds optionality by advancing assets to drill/evaluation stages and pursuing JV or asset-sale pathways. This model allows de-risking projects before heavy development capital is required and supports partner-led scaling.
Bears Say
No RevenueThe company reports no revenue in any period, meaning it lacks operating income to fund exploration. Absence of sales forces reliance on external financing or asset transactions, increasing dilution risk and reducing the ability to self-fund project advancement.
Negative Equity And High LeverageConsistent negative equity and debt that exceeds the asset base indicate structural undercapitalization. Elevated leverage raises refinancing and counterparty risk, limits financial flexibility, and can impair the company's ability to negotiate favourable JV or offtake arrangements.
Persistent Negative Cash FlowOperating and free cash flow are persistently negative with TTM burn re-accelerating. Continued cash outflows necessitate external funding, heightening dilution and potentially delaying exploration programs or strategic initiatives if capital raises are constrained.
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$7.93M.
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 48 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.