RMESF
Price:
$0.025
Market Cap:
$3.40M
Red Metal Resources Ltd. operates as a mining enterprise focused on identifying, acquiring, and advancing mineral resource sites exclusively within Chile. The company primarily seeks deposits rich in copper, gold, cobalt, and silver. Its premier holding, the Farellón project, encompasses eight mining concessions across roughly 1,234 hectares, situated within Chile's Carrizal Alto mining district. Additionally, the firm maintains ownership stakes in the Perth property, comprising 13 mining concessions spanning 2,044 hectares in Northern Chile, and the Mateo project, which includes five mineral concessions totaling 182 hectares. Initially established in 2005, the company operated under the nam...[Read more]
Industry
Industrial Materials
IPO Date
2007-10-09
Stock Exchange
OTC
Ticker
RMESF
According to Red Metal Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.05. This represents a change of -60.04% compared to the average of 0.13 of the last 4 quarters.
The mean historical Current Ratio of Red Metal Resources Ltd. over the last ten years is 0.32. The current 0.05 Current Ratio has changed 1.47% 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.
Average
0.32
Median
0.03
Minimum
0.00
Maximum
2.54
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 = 788.29%
Maximum Annual Current Ratio = 2.54
Minimum Annual Increase = -97.94%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.24 | 691.05% |
| 2024 | 0.03 | -42.46% |
| 2023 | 0.05 | -97.94% |
| 2022 | 2.54 | 756.92% |
| 2021 | 0.30 | 732.52% |
| 2020 | 0.04 | 28.05% |
| 2019 | 0.03 | 788.29% |
| 2018 | 0.00 | -44.88% |
| 2017 | 0.01 | 81.06% |
| 2016 | 0.00 | 15.60% |
The current Current Ratio of Red Metal Resources Ltd. (RMESF) is less than 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
0.63
10-year avg
0.32
Red Metal Resources Ltd.’s Current Ratio is less than Lion Critical Minerals Corp. (0.07), less than CBLT Inc. (0.20), greater than Cross River Ventures Corp. (0.02), less than Dixie Gold Inc. (10.18), greater than Sylla Gold Corp. (0.01), greater than Latam Lithium Corp. (0.03), greater than Gentor Resources Inc. (0.03), less than Aurwest Resources Corporation (0.52), less than Vendetta Mining Corp. (0.06), less than Gossan Resources Limited (3.94),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.07 | $1.51M | |
| 0.20 | $2.44M | |
| 0.02 | $1.36M | |
| 10.18 | $412.58K | |
| 0.01 | $2.13M | |
| 0.03 | $800.90K | |
| 0.03 | $778.13K | |
| 0.52 | $325.51K | |
| 0.06 | $1.82M | |
| 3.94 | $1.48M |
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