Companies · Mining & Resources

Red Metals, Inc.New on the radar

WILMINGTON · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Red Metals, Inc. — recommendation, valuation, rhythm, risks.
$9.6M
Total raised · real
1
Rounds
Latest step-up
Top 21%
Sector rank · raised
Series A
Latest stage · inferred · Thu Feb 12 2026 00:00:00 GMT+0000 (Coordinated Universal Time)

Red Metals, Inc. looks over-valued against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.93× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era.
Active
  • Last raise 5 mo ago; this sector typically re-raises about every 11 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Red Metals, Inc. is one of 701 Mining & Resources companies tracked from WILMINGTON. By capital raised it ranks in the upper tier (ahead of 80% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
14
Investors (latest)
2025
Year incorporated
2026-02-12
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeries A · 2026-02-12 Raised $9.6M (real) Modeled valuation $24M (est)$9.6M$24MSeries A2026

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$9.6M · 2026

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$23.7M
Base estimate est.
$12.4M
Conservative case
$35.3M
Upside case
$43.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.11×/yr
Annual markup
1.39×/yr upside case
0.4 yr
Elapsed time used
0.4 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
0.4 yr
On record since
2026
First round
New
First-time filer
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 4.2× above median
This company$9.6M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 2.3× above median
This company$9.6M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 9.4× above median
This company$23.7M
Sector median$2.5M

Raised more than 80% of sector peers (real $). Modeled value above 90% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #5 of 40.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Fortitude Gold Corp · Series A Raised $12.5M · modeled $29.6M (est)San Cristobal Mining Inc. · Series A Raised $17.2M · modeled $28.8M (est)Torngat Metals Ltd · Series A Raised $21.9M · modeled $27.1M (est)Rua Gold Inc. · Series A Raised $16.4M · modeled $25.0M (est)West Point Gold Corp. · Series A Raised $9.2M · modeled $21.3M (est)McFarlane Lake Mining Ltd · Series A Raised $7.9M · modeled $19.2M (est)Evolution Metals LLC · Series A Raised $7.2M · modeled $19.0M (est)Silverco Mining Ltd. · Series A Raised $7.7M · modeled $19.0M (est)Miedzi Copper Corp. · Series A Raised $10.7M · modeled $19.0M (est)Rise Gold Corp. · Series A Raised $20.9M · modeled $17.0M (est)TDG Gold Corp. · Series A Raised $6.6M · modeled $16.4M (est)Red Metals, Inc. (this company) Raised $9.6M · modeled $23.7M (est)Red Metals, Inc.
CompanyStageRaised · realValue · estvs peer med.
Fortitude Gold CorpSeries A$12.5M$29.6M2.41×
San Cristobal Mining Inc.Series A$17.2M$28.8M2.34×
Torngat Metals LtdSeries A$21.9M$27.1M2.20×
Rua Gold Inc.Series A$16.4M$25.0M2.03×
Red Metals, Inc. this companySeries A$9.6M$23.7M1.93×
West Point Gold Corp.Series A$9.2M$21.3M1.73×
McFarlane Lake Mining LtdSeries A$7.9M$19.2M1.56×
Evolution Metals LLCSeries A$7.2M$19.0M1.54×
Silverco Mining Ltd.Series A$7.7M$19.0M1.54×
Miedzi Copper Corp.Series A$10.7M$19.0M1.54×
Rise Gold Corp.Series A$20.9M$17.0M1.38×
TDG Gold Corp.Series A$6.6M$16.4M1.33×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$9.6M2026-02-12$43.6M$23.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$9.6M2026-02-12
    • First recorded raise — entered as Series A.
    • 14 investors on this round.
Intelligence
Modeled next raise
$15.4M
Modeled next size est.range $10.0M$24.6M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Victoria Beasley4 other2026-02
Jackson Switzer2026-02
Registry & provenance

Red Metals, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2118646
SEC CIK
2025
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Zodiac Gold Inc.Mining & ResourcesSeries A$9.7M$10.9Msame sector · same stage
Allegiant Gold LtdMining & ResourcesSeries A$9.8M$3.3Msame sector · same stage
Lithium Werks Group B.V.Mining & ResourcesSeries A$10.0M$43.1Msame sector · same stage
MERIT Mining Ohio, LLCMining & ResourcesSeries A$10.0M$33.9Msame sector · same stage
Vision Quest Gold, Inc.Mining & ResourcesSeries A$10.0M$42.9Msame sector · same stage
Fury Gold Mines LtdMining & ResourcesSeries A$10.0M$1.6Msame sector · same stage
West Point Gold Corp.Mining & ResourcesSeries A$9.2M$21.3Msame sector · same stage
Magna Mining Inc.Mining & ResourcesSeries A$9.2M$12.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Red Metal Resources, Ltd.Mining & ResourcesPre-Seed$4.2M97%
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M87%
Metalite Resources Inc.OtherPre-Seed$5.6M87%
Key Metals Corp.Mining & ResourcesSeries A$8.3M86%
C3 Metals Inc.Mining & ResourcesSeries A$15.7M86%
West Red Lake Gold Mines Ltd.Mining & ResourcesSeed$5.8M86%
Treasury Metals IncMining & ResourcesPre-Seed$705K86%
DeepGreen Metals Inc.Mining & ResourcesSeries A$37.9M86%
Frequently asked
How much funding has Red Metals, Inc. raised?
Red Metals, Inc. has raised approximately $9.6M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Red Metals, Inc.'s estimated valuation?
Provath's modeled valuation for Red Metals, Inc. is approximately $23.7M (modeled range $12.4M–$35.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Red Metals, Inc. at?
Red Metals, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Feb 12.
What does Red Metals, Inc. do and where is it based?
Red Metals, Inc. operates in the Mining & Resources sector, based in WILMINGTON.
Explore related

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