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Overview: CGN Resources Limited is an exploration company focused on the exploration and development of mineral projects in Australia, with a market cap of A$8.26 million.

Operations: CGN Resources Limited has not reported any revenue segments.

Market Cap: A$8.26M

CGN Resources Limited, with a market cap of A$8.26 million, is a pre-revenue exploration company in Australia. It remains debt-free and has short-term assets of A$7.1 million that comfortably cover both its short-term and long-term liabilities. Despite having sufficient cash runway for over a year, the company's share price has been highly volatile recently, and its weekly volatility remains higher than 75% of Australian stocks. The board's average tenure is relatively new at 2.8 years, indicating recent changes in governance structure without significant shareholder dilution over the past year.

• Get an in-depth perspective on CGN Resources' performance by reading our balance sheet health report here.

• Learn about CGN Resources' historical performance here.

Rimfire Pacific Mining

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

Overview: Rimfire Pacific Mining Limited focuses on the exploration and evaluation of mineral deposits in Australia, with a market cap of A$75.37 million.

Operations: Rimfire Pacific Mining Limited has not reported any revenue segments.

Market Cap: A$75.37M

Rimfire Pacific Mining Limited, with a market cap of A$75.37 million, is a pre-revenue exploration company in Australia. The company is debt-free but faces challenges as its short-term assets of A$385.5K do not cover short-term liabilities of A$423.1K, although long-term liabilities are minimal at A$14.9K. Despite having raised additional capital to extend its cash runway beyond the initial one-month estimate, Rimfire's share price has been highly volatile over the past three months and remains more volatile than 75% of Australian stocks. The board and management team are experienced, with average tenures exceeding industry norms.

• Jump into the full analysis health report here for a deeper understanding of Rimfire Pacific Mining.

• Understand Rimfire Pacific Mining's track record by examining our performance history 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:CEH ASX:CGR and ASX:RIM.

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