Red Metal Limited

Red Metal Limitedverified

RDM.AX

Price:

$0.12

Market Cap:

$43.16M

Red Metal Limited acquires and explores for mineral properties in Australia. It primarily explores for copper, gold, silver, lead, zinc, cobalt, and nickel deposits. It holds 100% interest in the Maronan, Gidyea, Corkwood, Pardoo, Nullarbor, Punt Hill and Pernatty Lagoon, Gulf, Sybella, Brunette Downs, and Birthday Well projects located in Australia. The company also holds interests in the Lawn Hill, Mount Skipper, Barton, Three Ways, Mallapunyah, Irindina, and Yarrie projects. Red Metal Limited was incorporated in 2003 and is based in Sydney, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2003-10-26

Stock Exchange

ASX

Ticker

RDM.AX

The Current Ratio as of January 2025 (TTM) for Red Metal Limited (RDM.AX) is 7.14

According to Red Metal Limited’s latest financial reports and current stock price. The company's current Current Ratio is 7.14. This represents a change of 16.44% compared to the average of 6.13 of the last 4 quarters.

Red Metal Limited (RDM.AX) Historical Current Ratio (quarterly & annually)

How has RDM.AX Current Ratio performed in the past?

The mean historical Current Ratio of Red Metal Limited over the last ten years is 7.27. The current 7.14 Current Ratio has changed 9.72% with respect to the historical average. Over the past ten years (40 quarters), RDM.AX's Current Ratio was at its highest in in the June 2022 quarter at 24.14. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

7.27

Median

5.61

Minimum

2.61

Maximum

24.14

Red Metal Limited (RDM.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Red Metal Limited 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 = 614.37%

Maximum Annual Current Ratio = 24.14

Minimum Annual Increase = -83.80%

Minimum Annual Current Ratio = 2.61

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.1482.63%
20233.91-83.80%
202224.14614.37%
20213.382.85%
20203.2925.92%
20192.61-62.71%
20187.0039.90%
20175.00-19.60%
20166.22-37.96%
201510.0355.62%

Red Metal Limited (RDM.AX) Average Current Ratio

How has RDM.AX Current Ratio performed in the past?

The current Current Ratio of Red Metal Limited (RDM.AX) 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

11.73

5-year avg

8.37

10-year avg

7.27

Red Metal Limited (RDM.AX) Current Ratio vs. Peers

How is RDM.AX’s Current Ratio compared to its peers?

Red Metal Limited’s Current Ratio is greater than Rimfire Pacific Mining Limited (0.91), greater than Tasman Resources Ltd (0.37), greater than Rox Resources Limited (2.36), greater than Investigator Resources Limited (3.08), greater than Reward Minerals Ltd (0.08),

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