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Operations: The company generates revenue from its Oil & Gas - Exploration & Production segment, amounting to CA$10.65 million.

Market Cap: CA$441.05M

Coelacanth Energy, with a market cap of CA$441.05 million, focuses on oil and gas exploration in northeastern British Columbia. Despite being unprofitable and having less than a year of cash runway, its short-term assets exceed both long-term and short-term liabilities. The company is debt-free but has experienced significant insider selling recently. Revenue grew by 247% over the past year, with forecasts predicting further growth at 104.86% annually. Analysts generally agree that the stock price may rise significantly, though volatility remains stable at 6%. Management's average tenure is considered experienced at 2.8 years; however, the board is relatively new.

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

• Assess Coelacanth Energy's future earnings estimates with our detailed growth reports.

Avante

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

Overview: Avante Corp. develops security technologies, products, and solutions across several countries including Canada, the United States, Israel, and others with a market cap of CA$29.04 million.

Operations: Avante generates revenue of CA$27.24 million from its security segment.

Market Cap: CA$29.04M

Avante Corp., with a market cap of CA$29.04 million, is currently unprofitable but has a stable financial position, boasting more cash than debt and sufficient cash runway for over three years. The company recently launched WALL-E, an advanced mobile security system powered by AI-driven analytics and solar energy, targeting diverse environments like public events and construction sites. Additionally, Avante introduced Avante Verified in the U.S., focusing on school safety through AI-enhanced threat detection. Despite reporting increased losses over the past year, these product innovations could potentially drive future revenue growth across its security segment.

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

• Gain insights into Avante's future direction by reviewing our growth 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 TSX:QEC TSXV:CEI and TSXV:XX.

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