How to buy Red Metal shares
Own Red Metal shares in just a few minutes.
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Red Metal Limited is an other industrial metals & mining business based in Australia. Red Metal shares (RDM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Red Metal has a trailing 12-month revenue of around $4 million..
How to buy shares in Red Metal
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Red Metal . Find the share by name or ticker symbol: RDM. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Red Metal reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.125, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Red Metal . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
🧪How we chose these brokersFor our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.
Red Metal share priceUse our graph to track the performance of RDM stocks over time.
Red Metal shares at a glance
|52-week range||$0.042 - $0.175|
|50-day moving average||$0.1142|
|200-day moving average||$0.1063|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.001|
Standard brokerage - Australian shares
Share Trading Account Offer
Competitive broker fees on Australian and international shares
- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
- Sign-up process: Instant
- Support - After hours: Yes
Important: Share trading carries risk of capital loss.
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Is it a good time to buy Red Metal stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Red Metal price performance over time
|1 week (2021-01-11)||4.17%|
|1 month (2020-12-21)||13.64%|
|3 months (2020-10-21)||4.17%|
|6 months (2020-07-21)||19.05%|
|1 year (2020-01-17)||19.05%|
|2 years (2019-01-18)||30.21%|
|3 years (2018-01-19)||-19.35%|
|5 years (2016-01-19)||299.36%|
Is Red Metal under- or over-valued?
Valuing Red Metal stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Red Metal 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Red Metal 's P/E ratio
Red Metal 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 92x. In other words, Red Metal shares trade at around 92x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Red Metal 's EBITDA
Red Metal 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $261,653 (£147,716).
The EBITDA is a measure of a Red Metal 's overall financial performance and is widely used to measure a its profitability.
Red Metal financials
|Revenue TTM||$4 million|
|Operating margin TTM||6.43%|
|Gross profit TTM||$4 million|
|Return on assets TTM||8.51%|
|Return on equity TTM||18.29%|
|Market capitalisation||$27 million|
TTM: trailing 12 months
Red Metal share dividends
We're not expecting Red Metal to pay a dividend over the next 12 months.
Red Metal share price volatility
Over the last 12 months, Red Metal 's shares have ranged in value from as little as $0.042 up to $0.175. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Red Metal 's is 1.8892. This would suggest that Red Metal 's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Red Metal overview
Red Metal Limited acquires and explores for mineral properties in Australia. The company primarily explores for copper, gold, silver, lead, zinc, and nickel deposits. It holds 100% interests in the Maronan, Corkwood, Pardoo, Birthday Well, and Punt Hill and Pernatty Lagoon projects located in Australia. The company also has interests in the Lawn Hill, Gulf, Three Ways, Mallapunyah, Mount Skipper, Yarrie, Barton, South Gap, Irindina, Nullarbor, and Mt Dromedary North projects. It focuses on approximately 10,000 square kilometers of exploration tenements. Red Metal Limited was founded in 2003 and is based in Sydney, Australia.
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