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Operations: VR Resources Ltd. does not report any revenue segments as it is primarily engaged in the exploration and evaluation of mineral properties in North America.

Market Cap: CA$6.25M

VR Resources Ltd., with a market cap of CA$6.25 million, is pre-revenue and focused on mineral exploration in North America. The company is debt-free, but its cash runway is limited to around eight months based on current free cash flow estimates, although recent capital raises may extend this period. Recent drilling at the Silverback copper-gold project in Ontario has identified promising geological features such as shearing and sulfides, indicating potential for significant mineralization. However, VR Resources' share price has been highly volatile recently, and it remains unprofitable with declining earnings over the past five years.

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

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

Wallbridge Mining

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

Overview: Wallbridge Mining Company Limited is involved in the acquisition, exploration, discovery, development, and production of gold properties with a market cap of CA$71.28 million.

Operations: The company has not reported any revenue segments.

Market Cap: CA$71.28M

Wallbridge Mining Company Limited, with a market cap of CA$71.28 million, remains pre-revenue and focuses on advancing its gold projects in Quebec. The company has a volatile share price but maintains sufficient short-term assets to cover its liabilities. Recent capital raises have bolstered its cash runway to nine months, supporting ongoing exploration and technical studies at the Fenelon and Martiniere projects. Wallbridge is conducting an updated Preliminary Economic Assessment for Fenelon, which aims to optimize production costs and resource estimates. Despite high potential gold recoveries from metallurgical testing at Martiniere, Wallbridge remains unprofitable with increasing losses over five years.

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

• Explore historical data to track Wallbridge Mining's performance over time in our past results 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 TSXV:SCOT TSXV:VRR and TSX:WM.

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