CSE

Red Metal Resources Ltd.

RMES.CN•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.07
Today's Change
+0.00%
Market Cap
$2.80M
Volume
33.01K
⛏️

Commodity Exposure

Diversified Mining

💡

Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Red Metal Resources Ltd. focuses on acquiring and exploring mineral properties in Chile, targeting copper, gold, cobalt, and silver. The company faces significant concerns, including a negative return on assets (ROA) of -25.6% and a critically low current ratio of 0.05, indicating liquidity issues. While the market cap of $2.80 million suggests potential for growth, the lack of price movement today raises questions about investor confidence. Overall, the financial health signals challenges that need addressing for future viability.

Based on 18 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.21
52 Week Low$0.01
Avg Volume125.36K
Beta-6.13
Shares Outstanding40.04M

🔥 Valuation

Market Cap$2.80M
Enterprise Value$6.97M
P/E Ratio-1.75
EV/EBITDA ⚠️-4.16x
Dividend Yield0.00%

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🚩 Red Flags

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Cash Runway Critical

Company has $36K in cash but burned $132K last quarter. At this burn rate, only 0.3 quarters of runway remain without additional financing.

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Significant Losses

Company posted a loss of $-933K over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $2.1M is 60.2x the company's cash position of $36K.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $528K over the last year.

🌟 Opportunities

📊

No significant opportunities identified

Based on current financial metrics

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