Red Metal Limited
RDMMF
Other OTC0.06
USD
- -
- -
ISIN
AU000000RDM6
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Robert Alexander Rutherford BSc MAIG, Masters
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 323 Castlereagh Street Sydney NSW Australia 2000
- IPO Date
- Apr 7, 2022
- Website
- redmetal.com.au
- Similar Companies
- Business
- Red Metal Limited is an Australia-based mineral exploration company focused on the acquisition and exploration of mineral prospects primarily within Australia. The company specializes in exploring a broad range of mineral deposits including copper, gold, lithium, silver, lead, zinc, cobalt, nickel, and rare earth elements. Its key projects include copper-cobalt and copper-gold deposits at sites such as the Yarrie, Gulf, and Lawn Hill projects, as well as nickel-copper and silver-lead zinc deposits in several mineral provinces including the Paterson Province, Carpentaria Province, Gawler Craton, Pilbara Craton, and the Nullarbor region. Founded in 2003 and headquartered in Sydney, Red Metal operates through various exploration projects spread across these diverse geological terrains in Australia. The company offers detailed exploration services and mineral property acquisitions, targeting high-potential base and precious metals resources for development and potential production. Recent strategic developments include a continued alliance with OZ Minerals to fast-track greenfield mineral discoveries through collaborative exploration initiatives. Additionally, Red Metal has recently issued unquoted incentive options to directors and staff, signaling internal growth and incentivization efforts to support technical and operational teams. Exploration activities remain active with ongoing drilling programs at multiple projects, reaffirming the company’s focus on copper-gold and nickel-copper targets. These initiatives underscore Red Metal's strategic emphasis on advancing its portfolio of mineral assets and enhancing shareholder value through resource discovery and development. Red Metal’s business is situated in the materials sector under the mining industry, serving both domestic and potentially global markets through the supply of base and precious metals critical for various industrial applications. The company blends exploration expertise with strategic partnerships and financial incentives to drive its mineral resource projects forward, aiming to capitalize on Australia's rich mineral endowment and global demand for these commodities. Headquarters are located at Level 15, 323 Castlereagh Street, Sydney, Australia. The company maintains a focus on innovation and sustainability in exploration, leveraging technological advances in mineral separation and assay techniques as part of its ongoing project evaluations. This description integrates the company’s diverse mineral focus, operational geography, and recent corporate actions evidencing strategic growth and reinforcement of its exploration capabilities.