` RED (Big Red Mining Corp) vs S&P TSX Composite Index (Canada) Comparison - Alpha Spread

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RED
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S&P TSX Composite Index (Canada)

Over the past 12 months, RED has underperformed S&P TSX Composite Index (Canada), delivering a return of -42% compared to the S&P TSX Composite Index (Canada)'s +29% growth.

Stocks Performance
RED vs S&P TSX Composite Index (Canada)

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RED
S&P TSX Composite Index (Canada)
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Performance Gap
RED vs S&P TSX Composite Index (Canada)

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RED
S&P TSX Composite Index (Canada)
Difference
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Performance By Year
RED vs S&P TSX Composite Index (Canada)

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Competitors Performance
Big Red Mining Corp vs Peers

S&P TSX Composite Index (Canada)
RED
DE
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Big Red Mining Corp
Glance View

Market Cap
80.7m CAD
Industry
N/A

Big Red Mining Corp. is in the business of the exploration and evaluation of mineral properties. The company is headquartered in Surrey, British Columbia. The company went IPO on 2021-11-08. The firm's primary business is the acquisition and exploration of mineral properties. The property has about 169 claims that span over 8,600 acres. The firm expanded its Dobie Lake Copper Property through the acquisition of about 2,100 acres connected to the east and west of the existing claims. The expansion consists of two sets of claims adjacent to the Dobie Lake claims. The first set of claims consists of the Cobalt (Gryba) claims, which lie east of the Dobie Lake Copper claims (the orange claims). The second part of the expansion consists of the Skead Holdings claims, which are to the east and west of the existing Dobie Lake Copper Property.

RED Intrinsic Value
0.0005 CAD
Overvaluation 100%
Intrinsic Value
Price
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