Red Metal Resources Ltd
Red Metal Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Chile. The company explores for copper, gold, cobalt, and silver deposits. Its flagship project is the Farellón project comprising eight mining concessions covering 1,234 hectares located in the Carrizal Alto mining district, Chile. The company was formerly known as Red Lake Explora… Read more
Red Metal Resources Ltd (RMESF) - Net Assets
Latest net assets as of October 2025: $-2.34 Million USD
Based on the latest financial reports, Red Metal Resources Ltd (RMESF) has net assets worth $-2.34 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.06 Million) and total liabilities ($3.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-2.34 Million |
| % of Total Assets | -219.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 320.77 |
Red Metal Resources Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Red Metal Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Red Metal Resources Ltd (2007–2025)
The table below shows the annual net assets of Red Metal Resources Ltd from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $-1.82 Million | +32.30% |
| 2024-01-31 | $-2.68 Million | -35.87% |
| 2023-01-31 | $-1.98 Million | -207.50% |
| 2022-01-31 | $-642.65K | +21.58% |
| 2021-01-31 | $-819.52K | -27.59% |
| 2020-01-31 | $-642.31K | -95.18% |
| 2019-01-31 | $-329.09K | +88.46% |
| 2018-01-31 | $-2.85 Million | -9.02% |
| 2017-01-31 | $-2.61 Million | -12.48% |
| 2016-01-31 | $-2.32 Million | -47.73% |
| 2015-01-31 | $-1.57 Million | -69.28% |
| 2014-01-31 | $-929.57K | +23.89% |
| 2013-01-31 | $-1.22 Million | -107.32% |
| 2012-01-31 | $-589.07K | -187.83% |
| 2011-01-31 | $-204.66K | -155.23% |
| 2010-01-31 | $370.53K | +235.61% |
| 2009-01-31 | $-273.23K | -134.49% |
| 2008-01-31 | $-116.52K | -796.78% |
| 2007-01-31 | $16.72K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Red Metal Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1537846769.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.35 Million | % |
| Other Comprehensive Income | $-383.29K | % |
| Other Components | $4.67 Million | % |
| Total Equity | $-1.82 Million | 100.00% |
Red Metal Resources Ltd Competitors by Market Cap
The table below lists competitors of Red Metal Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TurnOnGreen, Inc
PINK:TOGI
|
$874.15K |
|
ReTo Eco-Solutions Inc
NASDAQ:RETO
|
$874.65K |
|
BDCC
PINK:BDCC
|
$875.45K |
|
Tijaria Polypipes Limited
NSE:TIJARIA
|
$876.80K |
|
Realites
PA:ALREA
|
$872.68K |
|
Adamant DRI Processing and Minerals Group
PINK:ADMG
|
$872.61K |
|
Classic Minerals Ltd
AU:CLZ
|
$872.27K |
|
JM SMUCKER - Dusseldorf Stock Exchang
DU:JM2
|
$872.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Metal Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -2,684,919 to -1,817,559, a change of 867,360.
- Net loss of 1,000,000 reduced equity.
- Other comprehensive income increased equity by 4,711.
- Other factors increased equity by 1,862,649.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.00 Million | -55.02% |
| Other Comprehensive Income | $4.71K | +0.26% |
| Other Changes | $1.86 Million | +102.48% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Red Metal Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-01-31 | $0.00 | $0.04 | x |
| 2008-01-31 | $0.00 | $0.04 | x |
| 2009-01-31 | $-0.01 | $0.04 | x |
| 2010-01-31 | $0.01 | $0.04 | x |
| 2011-01-31 | $-0.02 | $0.04 | x |
| 2012-01-31 | $-0.07 | $0.04 | x |
| 2013-01-31 | $-0.21 | $0.04 | x |
| 2014-01-31 | $-0.11 | $0.04 | x |
| 2015-01-31 | $-0.14 | $0.04 | x |
| 2016-01-31 | $-0.21 | $0.04 | x |
| 2017-01-31 | $-0.23 | $0.04 | x |
| 2018-01-31 | $-0.25 | $0.04 | x |
| 2019-01-31 | $-0.03 | $0.04 | x |
| 2020-01-31 | $-0.05 | $0.04 | x |
| 2021-01-31 | $-0.06 | $0.04 | x |
| 2022-01-31 | $-0.04 | $0.04 | x |
| 2023-01-31 | $-0.11 | $0.04 | x |
| 2024-01-31 | $-0.15 | $0.04 | x |
| 2025-01-31 | $-0.06 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Metal Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-27.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -309.55% | 0.00% | 0.00x | 1.09x | $-53.44K |
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-221.74K |
| 2009 | 0.00% | -8838.19% | 0.02x | 0.00x | $-1.68 Million |
| 2010 | -204.88% | 0.00% | 0.00x | 1.93x | $-796.20K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-653.83K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.88 Million |
| 2013 | 0.00% | -14048.32% | 0.01x | 0.00x | $-976.87K |
| 2014 | 0.00% | -79137.69% | 0.00x | 0.00x | $-348.58K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-520.64K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-483.53K |
| 2017 | 0.00% | -35007.85% | 0.00x | 0.00x | $-144.51K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.92K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-143.09K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-360.77K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-129.05K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.56 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.57 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-205.97K |
| 2025 | 0.00% | 0.00% | 0.00x | 0.00x | $-818.24K |
Industry Comparison
This section compares Red Metal Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Metal Resources Ltd (RMESF) | $-2.34 Million | -309.55% | N/A | $873.32K |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |