Red Metal Resources (OTCMKTS:RMESF) Shares Down 26.7% – Time to Sell?

Red Metal Resources Ltd. (OTCMKTS:RMESFGet Free Report)’s stock price dropped 26.7% during trading on Wednesday . The stock traded as low as $0.11 and last traded at $0.11. Approximately 19,999 shares changed hands during mid-day trading, an increase of 139% from the average daily volume of 8,380 shares. The stock had previously closed at $0.15.

Red Metal Resources Stock Performance

The business has a 50-day moving average price of $0.03 and a two-hundred day moving average price of $0.03.

Red Metal Resources Company Profile

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Red Metal Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Chile. The company explores for copper, gold, cobalt, and silver deposits. Its flagship project 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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