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Operations: The company generated A$13.30 million from its exploration activities.

Market Cap: A$61.03M

Element 25 Limited, with a market capitalization of A$61.03 million, is currently unprofitable and pre-revenue, focusing on mineral exploration. The company is debt-free and has short-term assets (A$20.4M) exceeding both its short-term (A$6.4M) and long-term liabilities (A$1.7M), indicating a relatively stable balance sheet despite financial challenges like a cash runway of less than one year if current free cash flow trends persist. While the company's earnings have declined significantly over the past five years, its board of directors brings experience with an average tenure of 8.3 years, potentially providing strategic guidance during this phase.

• Navigate through the intricacies of Element 25 with our comprehensive balance sheet health report here.

• Explore historical data to track Element 25's performance over time in our past results report.

Metal Hawk

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Metal Hawk Limited focuses on evaluating, exploring, and developing mineral resource projects in Australia, with a market cap of A$31.21 million.

Operations: Currently, there are no reported revenue segments for the company.

Market Cap: A$31.21M

Metal Hawk Limited, with a market cap of A$31.21 million, is pre-revenue and unprofitable, having experienced increasing losses over the past five years. Despite this, the company remains debt-free and its short-term assets (A$2.3M) significantly exceed both short-term (A$106.4K) and long-term liabilities (A$10.8K), suggesting a stable financial position in terms of liquidity. The recent follow-on equity offering raised A$2.5 million, potentially extending its cash runway beyond the current forecast of 7-8 months based on free cash flow estimates. The board's average tenure of 6.1 years indicates seasoned oversight during this developmental stage.

• Get an in-depth perspective on Metal Hawk's performance by reading our balance sheet health report here.

• Assess Metal Hawk's previous results with our detailed historical performance reports.

Key Takeaways

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:1AE ASX:E25 and ASX:MHK.

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