Red Metal Resources Ltd., a Canadian company listed on the Canadian National Stock Exchange, operates primarily within the mining sector. The company specializes in the exploration and extraction of metals, focusing on gold, copper, and other valuable minerals. Its main operations are situated in the northern regions of Canada, where it seeks to discover new sources of these resources.
As of the close of trading on February 9, 2026, Red Metal Resources Ltd.’s share price stood at CAD 0.09. Over the past year, the company’s stock has experienced significant volatility, reaching a 52-week high of CAD 0.11 on February 19, 2025, and a low of CAD 0.01 on September 17, 2025. The current trading level is approximately midway between these extremes, suggesting a modest price range.
The company’s market capitalization is valued at CAD 1,330,000. Despite its strategic focus on metal exploration, Red Metal Resources Ltd. has not reported any significant recent developments. The most recent public update, dated February 4, 2026, announced the commencement of a LiDAR survey at the Carrizal Cu‑Au‑Co project in Chile. This project represents one of the company’s efforts to expand its exploration activities beyond Canadian borders.
The absence of new exploration milestones has constrained the company’s valuation, and liquidity appears limited due to the narrow price band. As of January 26, 2026, the company’s shares closed at CAD 0.09, reflecting the ongoing challenges in achieving substantial growth or breakthroughs in its exploration endeavors.
In summary, Red Metal Resources Ltd. continues to focus on its core activities in metal exploration, with operations primarily in Canada and exploratory projects in Chile. However, the company faces challenges in terms of valuation and liquidity, largely due to the lack of recent significant developments in its exploration activities.
