Red Metal Resources (OTCMKTS:RMESF) Stock Price Down 26.7% – Here’s Why

Red Metal Resources Ltd. (OTCMKTS:RMESFGet Free Report)’s share price traded down 26.7% during trading on Wednesday . The company traded as low as $0.11 and last traded at $0.11. 19,999 shares were traded during trading, an increase of 139% from the average session volume of 8,380 shares. The stock had previously closed at $0.15.

Red Metal Resources Stock Down 28.1 %

The company’s 50 day moving average price is $0.03 and its 200 day moving average price is $0.03.

About Red Metal Resources

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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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