Red Metal Limited (RDM.AX)
Red Metal Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.14, down 3.57% on the session, giving a market capitalisation of $52.2M. Its beta of 0.43 implies it has historically moved less than the broad market.
Red Metal Limited is an Australian-based enterprise primarily engaged in the acquisition and exploration of mineral properties throughout Australia. The company's core activities involve prospecting for deposits rich in copper, gold, silver, lead, zinc, cobalt, and nickel. It maintains complete ownership of several significant projects within Australia, including Maronan, Gidyea, Corkwood, Pardoo, Nullarbor, Punt Hill and Pernatty Lagoon, Gulf, Sybella, Brunette Downs, and Birthday Well. Additionally, the company holds participatory interests in various other ventures such as Lawn Hill, Mount Skipper, Barton, Three Ways, Mallapunyah, Irindina, and Yarrie. Established in 2003, Red Metal Limited's operational base is located in Sydney, Australia.
Red Metal Limited is most often compared with the following Basic Materials names: