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Last A$0.04 AUD
Change Today 0.00 / 0.00%
Volume 0.0
RDM On Other Exchanges
As of 1:14 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

red metal ltd (RDM) Snapshot

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52 Week High
08/4/14 - A$0.21
52 Week Low
07/16/15 - A$0.03
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red metal ltd (RDM) Details

Red Metal Limited acquires and explores for mineral prospects in Australia. It explores for copper, gold, uranium, silver, lead, zinc, zircon, titanium, nickel, PGM, and potash. The company was founded in 2003 and is based in Sydney, Australia.

Founded in 2003

red metal ltd (RDM) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: A$219.5K
Compensation as of Fiscal Year 2014.

red metal ltd (RDM) Key Developments

Red Metal Is Looking For An Investment Partner

Red Metal Limited (ASX:RDM) is looking for an investment partner for its potash project in Colorado.

Red Metal Limited Reports Earnings Results for the Half Year Ended December 31, 2014

Red Metal Limited reported earnings results for the half year ended December 31, 2014. For the half year, the company reported interest income of AUD 83,330 compared to interest income of AUD 26,888 for the same period a year ago. Loss before income tax benefit was AUD 2,792,224 compared to AUD 1,473,302 last year. Net loss from continuing operations was AUD 2,792,224 compared to AUD 63,765 last year. Total comprehensive loss attributable to members was AUD 2,792,224 or 1.6 cents per basic and diluted share compared to AUD 63,765 or 1.0 cents per basic and diluted share last year. Net cash used in operating activities was AUD 119,344 compared to AUD 212,928 last year. Cash payments for exploration and evaluation were AUD 1,965,522 compared to AUD 595,414 last year.

Red Metal Limited Provides Maronan Project Update

Red Metal Limited provided Maronan Project Update. MRN14008 intersected the prospective carbonate-lead sulphide stratigraphy at the predicted down hole depth some 290 metres down plunge of the strong lead and silver mineralisation intersected in MRN13002. The targeted stratigraphy occurs over 101 metres down hole and contains five separate intervals of lead sulphide mineralisation. These occur over a combined intercept thickness of approximately 33 metres with the widest being about 20 metres down hole. True widths are estimated to be about 50% of down- hole widths. Assay results are expected by mid-January.


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TEV/Sales 30.0x

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