Red Metal Resources Ltd Quick Ratio (RMES) starting from the fourth quarter 2024 to fourth quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Red Metal Resources Ltd   (RMES)
    Sector • Basic Materials    Industry • Metal Mining
   Industry • Metal Mining
   Sector • Basic Materials

Red Metal Resources Ltd 's Quick Ratio

RMES's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Red Metal Resources Ltd 's Cash & cash equivalent grew by 69.16 % in the Q4 2024 sequentially, while Current Liabilities decreased, this led to improvement in Red Metal Resources Ltd 's Quick Ratio to 0.3, above Red Metal Resources Ltd average Quick Ratio.

Within Metal Mining industry 86 other companies have achieved higher Quick Ratio than Red Metal Resources Ltd in fourth quarter 2024. While Quick Ratio total ranking has improved so far during the Q4 2024 to 3628, from total ranking in the third quarter 2024 at 4618.

Explain Quick Ratio?
How much Cash & cash equivalents RMES´s has?
What are RMES´s Current Liabilities?




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https://api.csimarket.com/api/v1/companies/RMES/financial-strength
https://api.csimarket.com/api/v1/companies/RMES/fundamentals
https://api.csimarket.com/api/v1/companies/RMES/fundamentals?mode=as_of&as_of=YYYY-MM-DD
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RMES Quick Ratio (Jan 31 2025)
Q4
0
Q3
0
Q2
0
Q1
(Jan 31 2024)
Q4
Y / Y Current Liabilities Change -42.14 %
Y / Y Cash & cash equivalent Change 1051.81 %
Quick Ratio MRQ 0.3
RMES's Total Ranking # 3628
Seq. Current Liabilities Change 0 %
Seq. Cash & cash equivalent Change 69.16 %



Quick Ratio fourth quarter 2024 Company Ranking
Within: No.
Metal Mining Industry # 87
Basic Materials Sector # 252
Overall Market # 3628


Quick Ratio Statistics
High Average Low
0.56 0.08 0
(Jul 31 2020)   (Jul 31 2016)




Financial Statements
Red Metal Resources Ltd 's Current Liabilities $ 2 Millions Visit RMES's Balance sheet
Red Metal Resources Ltd 's Cash & cash equivalent $ 0 Millions Visit RMES's Balance sheet
Source of RMES's Sales Visit RMES's Sales by Geography


Cumulative Red Metal Resources Ltd 's Quick Ratio

RMES's Quick Ratio for the trailling 12 Months

RMES Quick Ratio

(Jan 31 2025)
12 Months
0
12 Months
0
12 Months
0
12 Months
(Jan 31 2024)
12 Months
Y / Y Current Liabilities TTM Growth -42.14 %
Y / Y Cash & cash equivalent TTM Growth 1168.32 %
Quick Ratio TTM 0.21
Total Ranking TTM # 3769
Seq. Current Liabilities TTM Growth -15.4 %
Seq. Cash & cash equivalent TTM Growth 49.09 %


On the trailing twelve months basis RMES Cash & cash equivalent more than doubled by 1051.81 % in Q4 2024 year on year, while Current Liabilities remained unchanged to $2 millions, this led to increase in in Red Metal Resources Ltd 's Quick Ratio to 0.21, above RMES average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Metal Mining industry 53 other companies have achieved higher Quick Ratio than Red Metal Resources Ltd . While Quick Ratio overall ranking has improved so far to 3769, from total ranking during the twelve months ending third quarter 2024 at 4039.

Explain Quick Ratio?
How much Cash & cash equivalents RMES´s has?
What are RMES´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Metal Mining Industry # 54
Basic Materials Sector # 271
Within the Market # 3769


trailing twelve months Quick Ratio Statistics
High Average Low
0.45 0.09 0
(Jan 31 2021)   (Jul 31 2016)




Companies with similar Quick Ratio in the quarter ending Jan 31 2025, within Metal Mining Industry Quick RatioJan 31 2025 MRQ Cash & cash equivalentJan 31 2025 MRQ Current Liabilities
International Tower Hill Mines Ltd  0.77 $ 0.992  Millions$ 1.284  Millions
Kinross Gold Corp  0.76 $ 612.400  Millions$ 805.400  Millions
Triple Flag Precious Metals Corp  0.74 $ 37.311  Millions$ 50.216  Millions
Elemental Royalty Corporation  0.74 $ 4.454  Millions$ 6.036  Millions
Ssr Mining Inc   0.71 $ 417.347  Millions$ 590.162  Millions
Amarc Resources Ltd  0.70 $ 1.007  Millions$ 1.433  Millions
Agnico Eagle Mines Limited  0.69 $ 952.863  Millions$ 1,372.421  Millions
Emx Royalty Corporation  0.69 $ 26.773  Millions$ 39.000  Millions
Isoenergy Ltd   0.61 $ 14.788  Millions$ 24.378  Millions
Equinox Gold Corp   0.59 $ 239.329  Millions$ 404.036  Millions
PATRIOT GOLD CORP  0.57 $ 0.423  Millions$ 0.738  Millions
First Majestic Silver Corp   0.57 $ 202.180  Millions$ 355.029  Millions
Fortuna Mining Corp   0.57 $ 231.328  Millions$ 407.671  Millions
Enertopia Corp   0.56 $ 0.153  Millions$ 0.275  Millions
Buenaventura Mining Co Inc  0.54 $ 482.692  Millions$ 896.407  Millions
Solaris Resources Inc   0.51 $ 31.738  Millions$ 62.045  Millions
Alamos Gold Inc   0.49 $ 327.200  Millions$ 663.900  Millions
Lifezone Metals Limited  0.48 $ 29.284  Millions$ 60.812  Millions
Mac Copper Ltd  0.48 $ 171.897  Millions$ 358.282  Millions
Newmont Corporation  0.47 $ 3,640.000  Millions$ 7,817.000  Millions
B2gold Corp   0.46 $ 336.971  Millions$ 737.039  Millions
Osisko Development Corp   0.40 $ 63.615  Millions$ 157.120  Millions
Rio Tinto Plc  0.40 $ 8,600.000  Millions$ 21,318.000  Millions
Sigma Lithium Corporation  0.39 $ 45.918  Millions$ 119.100  Millions
Westwater Resources inc   0.37 $ 4.272  Millions$ 11.622  Millions
Nexa Resources S a   0.36 $ 628.112  Millions$ 1,725.231  Millions
Northern Dynasty Minerals Ltd  0.36 $ 11.210  Millions$ 30.951  Millions
Vale s a   0.35 $ 6,053.000  Millions$ 17,324.000  Millions
Mineralrite Corporation  0.34 $ 0.011  Millions$ 0.031  Millions
Gold Fields Limited  0.33 $ 866.300  Millions$ 2,619.200  Millions

Date modified: 2026-06-22T18:22:25+00:00



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