Red Moon Resources (RMK) Stock Price, News & Analysis

Red Moon Resources Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St. George Basin of Western Newfoundland. The company also holds interests in the Ace Gypsum project located in the dormant Flat Bay gypsum mines to the southwest of the Great Atlantic salt deposit; and the Black Bay Nepheline property located in southern Labrador. As of December 31, 2020, the company had 19 mineral licenses approximately 5,500 hectares in the Bay St. George region of Western Newfoundland and in Black Bay, Labrador. The company was formerly known as Red Moon Potash Inc. and changed its name to Red Moon Resources Inc. in December 2016. Red Moon Resources Inc. was founded in 2011 and is headquartered in St. John's, Canada. Red Moon Resources Inc. is a subsidiary of Vulcan Minerals Inc.