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Market Cap: £5.12M

British & American Investment Trust, with a market cap of £5.13 million, is not pre-revenue but lacks meaningful revenue at £2.34 million. The company has experienced profitability over the past five years, yet recent negative earnings growth poses challenges. Its short-term assets (£376K) fall short of covering both short and long-term liabilities (£2.9M and £3.9M respectively). However, debt management appears prudent with a reduced debt-to-equity ratio from 33.6% to 12.7%. Despite stable weekly volatility, the share price remains highly volatile over three months, reflecting broader market uncertainties for investors in penny stocks.

• Jump into the full analysis health report here for a deeper understanding of British & American Investment Trust.

• Explore historical data to track British & American Investment Trust's performance over time in our past results report.

Kendrick Resources

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

Overview: Kendrick Resources PLC is engaged in the exploration and development of mineral resource properties across Norway, Sweden, Finland, and Scandinavia with a market cap of £663,157.

Operations: Kendrick Resources currently does not report any revenue segments.

Market Cap: £663.16k

Kendrick Resources, with a market cap of £663,157, is pre-revenue and has faced increasing losses over the past five years. The company’s management and board are considered experienced with average tenures of 2.1 and 3 years respectively. While short-term assets (£191.8K) exceed long-term liabilities (£100K), they do not cover short-term liabilities (£631.3K). Despite having more cash than total debt, Kendrick's cash runway was limited to two months as of June 2024 but has since been extended by recent capital raising efforts through a follow-on equity offering totaling £0.1075 million at £0.0025 per share.

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

• Review our historical performance report to gain insights into Kendrick Resources' track record.

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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 LSE:AFP LSE:BAF and LSE:KEN.

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