Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
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.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E.
Buy
Sell