Red Metal (CHIA:RDM) - Stock Price, News & Analysis

RDM Stock Overview

Acquires and explores for mineral properties in Australia. More details

RDM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 53.1% per year over past 5 years

Does not have a meaningful market cap (A$38M)

Shareholders have been diluted in the past year

Does not have meaningful revenue (A$2M)

Red Metal Limited Competitors

Mineral Commodities

ASX:MRC

AU$25.6m

True North Copper

ASX:TNC

AU$30.9m

Image Resources

ASX:IMA

AU$104.4m

Magontec

ASX:MGL

AU$16.3m

Price History & Performance

Summary of all time highs, changes and price drops for Red Metal
Historical stock prices
Current Share Price	AU$0.10
52 Week High	AU$0.23
52 Week Low	AU$0.08
Beta	0.89
11 Month Change	-16.00%
3 Month Change	-19.23%
1 Year Change	22.09%
33 Year Change	5.00%
5 Year Change	-4.54%
Change since IPO	-36.36%

Recent updates

Shareholder Returns

	RDM	AU Metals and Mining	AU Market
7D	-4.5%	1.6%	0.9%
1Y	22.1%	-10.8%	18.4%

Return vs Industry: RDM exceeded the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: RDM exceeded the Australian Market which returned 18.4% over the past year.

Price Volatility

Is RDM's price volatile compared to industry and market?
RDM volatility
RDM Average Weekly Movement	9.1%
Metals and Mining Industry Average Movement	10.9%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: RDM has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RDM's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	n/a	Rob Rutherford	redmetal.com.au

Red Metal Limited, together with its subsidiaries, acquires and explores for mineral properties in Australia. It explores for copper, gold, lithium, silver, lead, zinc, cobalt, nickel, and rare earth deposits. Red Metal Limited was incorporated in 2003 and is based in Sydney, Australia.

Red Metal Limited Fundamentals Summary

How do Red Metal's earnings and revenue compare to its market cap?
RDM fundamental statistics
Market cap	AU$37.76m
Earnings (TTM)	-AU$5.64m
Revenue (TTM)	AU$1.83m

20.7x

P/S Ratio

-6.7x

P/E Ratio

Is RDM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDM income statement (TTM)
Revenue	AU$1.83m
Cost of Revenue	AU$0
Gross Profit	AU$1.83m
Other Expenses	AU$7.47m
Earnings	-AU$5.64m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.016
Gross Margin	100.00%
Net Profit Margin	-308.94%
Debt/Equity Ratio	0%

How did RDM perform over the long term?

See historical performance and comparison

RDM Stock Overview

Risk Analysis

Red Metal Limited Competitors

ASX:MRC

AU$25.6m

ASX:TNC

AU$30.9m

ASX:IMA

AU$104.4m

ASX:MGL

AU$16.3m

Price History & Performance

Recent News & Updates

Independent Non-Executive Director recently bought AU$118k worth of stock

Full year 2024 earnings released: AU$0.02 loss per share (vs AU$0.025 loss in FY 2023)

New minor risk - Financial data availability

Red Metal Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.

Red Metal Limited, Annual General Meeting, Nov 11, 2024

First half 2024 earnings released: AU$0.011 loss per share (vs AU$0.012 loss in 1H 2023)

Recent updates

Independent Non-Executive Director recently bought AU$118k worth of stock

Full year 2024 earnings released: AU$0.02 loss per share (vs AU$0.025 loss in FY 2023)

New minor risk - Financial data availability

Red Metal Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.

Red Metal Limited, Annual General Meeting, Nov 11, 2024

First half 2024 earnings released: AU$0.011 loss per share (vs AU$0.012 loss in 1H 2023)

New minor risk - Financial position

New major risk - Share price stability

Full year 2023 earnings released: AU$0.025 loss per share (vs AU$0.009 loss in FY 2022)

New minor risk - Shareholder dilution

Red Metal Limited, Annual General Meeting, Nov 17, 2023

New minor risk - Financial data availability

Independent Non-Executive Director recently bought AU$162k worth of stock

Independent Non-Executive Director recently bought AU$60k worth of stock

New major risk - Market cap size

First half 2023 earnings released: AU$0.012 loss per share (vs AU$0.004 loss in 1H 2022)

Insufficient new directors

Red Metal Limited, Annual General Meeting, Nov 29, 2022

Full year 2022 earnings released: AU$0.009 loss per share (vs AU$0.006 loss in FY 2021)

Red Metal Limited Announces Drilling Underway on Gulf Copper-Gold Project

Insufficient new directors

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Red Metal Limited Announces Gulf Project Drilling Update

Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.001 profit in FY 2020)

Red Metal Limited Announces Three Ways Drilling Update

Red Metal Limited Commenced Drilling At the Three Ways Project

Red Metal Limited Announces Three Ways GEM Validates Strong Conductors for Drilling

Red Metal Limited Announces New Winu Copper and Gold Discovery and the Nifty Copper Mine

First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.001 loss in 1H 2020)

Red Metal Limited Announces Three Ways Drilling Reveals Anomalous Nickel & Pge Assays

Shareholder Returns

Price Volatility

About the Company

Red Metal Limited Fundamentals Summary

20.7x

-6.7x

Earnings & Revenue