RMM, to invest, or not?
Rambler Metals and Mining plc is a mining company that operates in Newfoundland and Labrador, Canada. The company’s main asset is the Ming Copper-Gold Mine, which is located on the Baie Verte Peninsula in Newfoundland. Rambler Metals is focused on increasing the production and extending the life of the Ming Mine through exploration and development activities. The company also has exploration properties in Newfoundland and Labrador, as well as in Quebec and Ireland. Rambler Metals is listed on the London Stock Exchange’s AIM market.
Over the past few years, Rambler Metals’ stock price has experienced some fluctuations. Between 2016 and 2019, the stock price generally trended downwards, reflecting the challenging conditions faced by the mining industry during this period. In 2020, the stock price started to recover and experienced some significant gains due to a rebound in copper prices and improved operational performance at the Ming Mine.
It’s important to note that stock prices are influenced by many factors, including market conditions, economic indicators, company performance, and industry trends. Therefore, it’s difficult to predict how Rambler Metals’ stock price will behave in the future. Investors should do their own research and consult with a financial advisor before making investment decisions.
Who is RMM or Rambler Metals and Mining?
Rambler Metals and Mining plc was founded in 2004 as a private mining exploration and development company. The company’s initial focus was on the exploration and development of base metal and gold deposits in Newfoundland and Labrador, Canada.
In 2007, Rambler Metals became a publicly traded company and listed on the London Stock Exchange’s AIM market. The following year, the company acquired the Ming Copper-Gold Mine, which had been in production intermittently since the late 1800s but had been largely idle since the 1980s.
Rambler Metals began a major rehabilitation program at the Ming Mine to upgrade infrastructure and equipment, expand production capacity, and improve the mine’s environmental performance. The company’s efforts paid off, and in 2011, it achieved commercial production at the Ming Mine.
Since then, Rambler Metals has continued to focus on increasing production, extending mine life, and exploring new opportunities for growth. The company has expanded its mineral resources through exploration and acquisition, and it remains committed to responsible mining practices and sustainable development in the communities where it operates.