Rambler Metals and Mining Plc
RMM.L
London Stock Exchange5.38
GBp
-0.12
- -
Rambler Metals and Mining Plc
RMM.L
(London Stock Exchange)
Recent
price
5.38
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Rambler Metals and Mining Plc (RMM.L) operates as a junior mining company focused on the exploration, development, and production of copper and gold deposits, primarily through its 100% owned Ming Copper-Gold Mine located on the Baie Verte Peninsula in Newfoundland and Labrador, Canada. The company offers copper-gold concentrates produced from underground mining and milling operations at the Ming Mine, which features a fully operational base and precious metals processing facility capable of sustaining throughput rates around 1,350 dry metric tonnes per day; it also holds interests in the Little Deer and Whales Back copper mines near Springdale, with additional exploration for silver and cobalt properties. Supporting infrastructure includes the Nugget Pond milling facility and Goodyear's Cove concentrate storage and shipping terminal, serving industrial metals markets with high-grade volcanogenic massive sulphide deposits. Founded in 2004 and headquartered in Richmond, United Kingdom, Rambler targets North American base and precious metals sectors, with operations concentrated in Newfoundland and Labrador. In a significant recent development, the company entered insolvency proceedings and was officially dissolved on April 8, 2025, following financial challenges that included creditor claims and suspended trading, marking the cessation of its independent operations. Prior to dissolution, Rambler pursued operational optimizations such as an alliance agreement with Hancon Construction for underground mining delivery in 2022 and efforts to ramp up production grades, though these were impacted by broader liquidity issues evidenced by portfolio payments to secured creditors like Elemental Altus in 2025.