Yahoo Finance

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

Market Cap: CA$74.94M

Cornish Metals Inc., with a market cap of CA$74.94 million, is pre-revenue but recently reported a net income of CA$4.61 million for Q3 2024, marking a turnaround from previous losses. The company has no debt and its short-term assets exceed both short- and long-term liabilities. Recent developments include a secured credit facility to fund the South Crofty tin project in Cornwall, which boasts high-grade resources and potential for further mineralisation expansion. Despite earnings volatility, Cornish Metals' seasoned management team continues to explore growth opportunities within its extensive mineral rights holdings in Cornwall.

• Unlock comprehensive insights into our analysis of Cornish Metals stock in this financial health report.

• Understand Cornish Metals' track record by examining our performance history report.

New Stratus Energy

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

Overview: New Stratus Energy Inc. is an exploitation and production company in the oil and gas sector with a market cap of CA$92.05 million.

Operations: New Stratus Energy Inc. currently does not report any specific revenue segments.

Market Cap: CA$92.05M

New Stratus Energy Inc., with a market cap of CA$92.05 million, is currently pre-revenue and unprofitable, with losses narrowing in recent quarters. The company has no debt, and its short-term assets comfortably cover both short- and long-term liabilities. However, it faces challenges such as high share price volatility and significant insider selling recently. The management team is experienced but must address the limited cash runway of less than a year based on current free cash flow levels. Shareholders have experienced dilution over the past year as total shares outstanding increased by 8.5%.

• Navigate through the intricacies of New Stratus Energy with our comprehensive balance sheet health report here.

• Assess New Stratus Energy's previous results with our detailed historical performance reports.

Taking Advantage

• Explore the 967 names from our TSX Penny Stocks screener here.

• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Interested In Other Possibilities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Jump on the AI train with fast growing tech companies forging a new era of innovation.

• Find companies with promising cash flow potential yet trading below their fair value.

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 TSX:LN TSXV:CUSN and TSXV:NSE.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com