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Market Cap: A$5.1M

eMetals Limited, with a market cap of A$5.10 million, is a pre-revenue mineral exploration company that has managed to avoid shareholder dilution over the past year. Despite being unprofitable, it has no debt and its short-term assets of A$4.6 million significantly exceed short-term liabilities of A$43.3K, providing a cash runway exceeding three years based on current free cash flow trends. Recent financial results showed a net loss of A$5.71 million for the year ending June 30, 2024, contrasting with the previous year's net income; however, the company benefits from an experienced board averaging 11.9 years in tenure.

• Click here and access our complete financial health analysis report to understand the dynamics of eMetals.

• Assess eMetals' previous results with our detailed historical performance reports.

Hamelin Gold

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

Overview: Hamelin Gold Limited is a mineral exploration company focused on the Western Tanami region of Western Australia, with a market cap of A$14.96 million.

Operations: Hamelin Gold Limited has not reported any revenue segments.

Market Cap: A$14.96M

Hamelin Gold Limited, with a market cap of A$14.96 million, is a pre-revenue mineral exploration company focused on Western Australia. It remains debt-free and has short-term assets of A$5.0 million that comfortably cover its short-term liabilities of A$489.1K, ensuring a cash runway for over a year despite declining free cash flow. The company reported revenue of A$0.32 million for the fiscal year ending June 30, 2024, but incurred a net loss of A$1.33 million, reflecting increased losses over five years at an annual rate of 29.8%. Its board is experienced with an average tenure exceeding three years.

• Take a closer look at Hamelin Gold's potential here in our financial health report.

• Gain insights into Hamelin Gold's historical outcomes by reviewing our past performance report.

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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:DES ASX:EMT and ASX:HMG.

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