Red Metal Resources (NASDAQ:RMES) Shares Down 18.1%

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 Farellón 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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