Red Metal Resources Ltd.

Red Metal Resources Ltd.verified

RMESF

Price:

$0.01

Market Cap:

$1.00M

Red Metal Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Chile. The company explores for copper, gold, cobalt, and silver deposits. Its flagship asset is the Farellón project that consists of 8 mining concessions covering an area of approximately 1,234 hectares located in the Carrizal Alto mining district, Chile. It also holds interest in Perth property that consist of 13 mining concessions covering an area of 2,044 hectares located in Northern Chile; and Mateo project that consists of 5 mineral concessions covering an area of 182 hectares. The company was formerly known as Red Lake Exploration, Inc. and changed its name to Red Metal...[Read more]

Industry

Industrial Materials

IPO Date

2007-10-09

Stock Exchange

OTC

Ticker

RMESF

The Current Ratio as of December 2025 (TTM) for Red Metal Resources Ltd. (RMESF) is 0.15

According to Red Metal Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.15. This represents a change of 10.77% compared to the average of 0.14 of the last 4 quarters.

Red Metal Resources Ltd. (RMESF) Historical Current Ratio (quarterly & annually)

How has RMESF Current Ratio performed in the past?

The mean historical Current Ratio of Red Metal Resources Ltd. over the last ten years is 0.32. The current 0.15 Current Ratio has changed 4.64% with respect to the historical average. Over the past ten years (40 quarters), RMESF's Current Ratio was at its highest in in the January 2022 quarter at 2.54. The Current Ratio was at its lowest in in the October 2015 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.32

Median

0.03

Minimum

0.00

Maximum

2.54

Red Metal Resources Ltd. (RMESF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Red Metal Resources Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 996.06%

Maximum Annual Current Ratio = 2.54

Minimum Annual Increase = -97.94%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.24691.05%
20240.03-42.46%
20230.05-97.94%
20222.54996.06%
20210.23550.89%
20200.0428.05%
20190.03788.25%
20180.00-44.88%
20170.0181.06%
20160.0015.60%

Red Metal Resources Ltd. (RMESF) Average Current Ratio

How has RMESF Current Ratio performed in the past?

The current Current Ratio of Red Metal Resources Ltd. (RMESF) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.11

5-year avg

0.62

10-year avg

0.32

Red Metal Resources Ltd. (RMESF) Current Ratio vs. Peers

How is RMESF’s Current Ratio compared to its peers?

Red Metal Resources Ltd.’s Current Ratio is greater than Global Li-Ion Graphite Corp. (0.08), less than CBLT Inc. (0.17), greater than Cross River Ventures Corp. (0.01), less than Dixie Gold Inc. (27.04), greater than Sylla Gold Corp. (0.01), greater than Portofino Resources Inc. (0.05), greater than Gentor Resources Inc. (0.00), less than Aurwest Resources Corporation (1.13), less than Vendetta Mining Corp. (0.17), less than Gossan Resources Limited (2.52),

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