Red Metal Resources Ltd. (NASDAQ:RMES) was down 18.1% on Wednesday . The company traded as low as $0.17 and last traded at $0.19. Approximately 236,145 shares traded hands during mid-day trading, an increase of 846% from the average daily volume of 24,952 shares. The stock had previously closed at $0.23.
The business has a 50 day moving average price of $0.35.
About Red Metal Resources (NASDAQ:RMES)
Red Metal Resources Ltd. engages in acquiring, exploring, and developing mineral resources in Chile. The company explores for copper, gold, cobalt, and silver deposits. Its flagship asset is the FarellÃ³n project that consists of 8 mining concessions covering an area of approximately 1,234 hectares located in the Carrizal Alto mining district, Chile.
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