How to buy Red Metal shares

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

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.

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Red Metal share price

Share Trading Account Offer

IG Share Trading Offer

AUD 8

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

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IG Share Trading Finder Award		AUD 8 or 0.1%	AUD 50 per quarter if you make fewer than three trades in that period	ASX shares, Global shares, Forex, CFDs, Margin trading	$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares. Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.	Go to site More Info	Compare	loading Fetching your data...
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Superhero share trading		AUD 5	No	ASX shares, ETFs	Pay zero brokerage on all Australian ETFs. Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.	Go to site More Info	Compare	loading Fetching your data...
CMC Markets Stockbroking Finder Award		AUD 11 or 0.1%	No	ASX shares, Global shares, Forex, CFDs, Options trading, mFunds, ETFs, Warrants	$0 brokerage on global shares including US, UK and Japan markets. Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.	Go to site More Info	Compare	loading Fetching your data...
SelfWealth Share Trading (Basic account)		AUD 9.5	No	ASX shares, US shares	Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size. New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.	Go to site More Info	Compare	loading Fetching your data...
ANZ Share Investing		AUD 19.95	No	ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants	Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments. Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.	More Info	Compare	loading Fetching your data...
Westpac Online Investing Account		AUD 19.95 or 0.11%	USD 63.50 per year on the global markets account	ASX shares, Global shares, Options trading, ETFs	More Info	Compare	loading Fetching your data...

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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.

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 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.

Frequently asked questions

• What percentage of Red Metal is owned by insiders?

  Currently 35.061% of Red Metal shares are held by insiders.

• When does the fiscal year end for Red Metal ?

  Red Metal 's fiscal year ends in June.

• Where is Red Metal based?

  Red Metal 's address is: 323 Castlereagh Street, Sydney, NSW, Australia, 2000

• What is Red Metal 's ISIN number?

  Red Metal 's international securities identification number is: AU000000RDM6