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Operations: New Age Metals Inc. has not reported any revenue segments.

Market Cap: CA$7.5M

New Age Metals Inc., with a market cap of CA$7.50 million, is pre-revenue and has experienced increasing losses over the past five years. The company remains debt-free and has sufficient cash runway for more than a year, providing some stability despite its unprofitability. Recent exploration results from the Winnipeg River-Cat Lake Lithium Projects highlight promising high-grade tantalum and lithium mineralization, which could enhance future prospects. The board and management team are seasoned, offering valuable experience in navigating the challenges of mineral exploration. However, volatility remains high compared to most Canadian stocks.

• Jump into the full analysis health report here for a deeper understanding of New Age Metals.

• Gain insights into New Age Metals' past trends and performance with our report on the company's historical track record.

Radius Gold

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

Overview: Radius Gold Inc. is involved in the acquisition and exploration of mineral properties, with a market cap of CA$9.42 million.

Operations: Currently, there are no reported revenue segments for the company.

Market Cap: CA$9.42M

Radius Gold Inc., with a market cap of CA$9.42 million, is pre-revenue and has been reducing its losses by 13.5% annually over the past five years. The company remains debt-free, with sufficient cash runway for over a year, providing some financial stability amid its unprofitability. Despite stable weekly volatility compared to last year, the stock's price remains highly volatile in the short term. Recent private placements raised CA$580,500 to support ongoing exploration activities. Radius is expanding its portfolio by pursuing an exploration-stage copper project in Peru's prolific copper belt while continuing efforts on existing properties like Holly and Motagua Norte in Guatemala.

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

• Evaluate Radius Gold's historical performance by accessing 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 TSXV:KNG TSXV:NAM and TSXV:RDU.

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