first_img Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. For now I’m far more interested in this stock… “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Zaven Boyrazian | Tuesday, 4th May, 2021 | More on: RMM Why is the Rambler Metals & Mining (RMM) share price surging?center_img Zaven Boyrazian does not own shares in Rambler Metals & Mining. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. A rising RMM share priceRambler is a copper and gold producer that operates within the Baie Verte Peninsula in Canada. In recent years the company has been struggling. And once Covid-19 hit, it actually came close to insolvency. But based on the latest set of published results, it seems that this risk has receded for now.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The management team successfully completed the sale of its gold circuit as well as other exploration properties and royalties to Maritime Resources for US$2m (all monetary figures are in US dollars). In addition, it was able to perform a major financial restructuring through an oversubscribed share placement that raised a further $10.5m.Using these funds, the firm negotiated new financing agreements and satisfied existing creditors that brought the overall level of debt back under control. After all this, total debt was reduced from $13.8m in 2019 to $3.5m at the end of 2020. Similarly, the cash on the balance sheet rose from $1.9m to $6.2m.And so, with a much stronger financial position, the business not only survived the impact of the pandemic but also came out stronger, in my opinion. Therefore the recent surge in the RMM share price doesn’t surprise me.What’s next for the business?With the looming threat of bankruptcy no longer a primary concern, all focus is being placed on restoring production volumes to pre-pandemic levels. Ming Mine is the firm’s primary asset and its production levels dropped considerably last year.The management team has begun restoring Ming to its full capacity of 1,350 tonnes per day. This process is expected to be completed by December this year at the latest. What’s more, the company is also investing in expanding this production capability to 2,000 tonnes per day by 2022. And at the same time, it’s establishing an ore sorting facility at the Ming Mine site to improve operational efficiency.Needless to say, this sounds very promising. But it’s worth remembering that any delays or further disruptions to its operations could cause significant volatility for the RMM share price. Also, because this is a mining business, it is very susceptible to fluctuating commodity prices. Copper is in high demand at the moment, which has increased its value. But as more mines become operational and the metals shortage nears an end, these increased prices may not last. This could have a negative impact on Rambler’s operating profits.The bottom lineI believe the worst has passed for Rambler. The business appears to be back on track, and if it can increase its production volumes to the forecast level, I think the RMM share price can continue to rise.Having said that, like many small-cap mining companies, it still carries a considerable level of risk. Personally, I’m going to wait and see how it progresses in restoring Ming’s production volumes before adding any shares to my portfolio. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address See all posts by Zaven Boyrazian After seeing its share price slashed from 2.05p to 0.34p in 2020, Rambler Metals & Mining (LSE:RMM) is finally starting to rise. In fact, over the course of April alone, the stock was up 87.5%! It’s worth noting that it’s still down by 65% over the last 12 months. But what’s causing this sudden growth? And should I be adding this stock to my portfolio?last_img read more