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Operations: Belo Sun Mining Corp. currently does not report any revenue segments.

Market Cap: CA$41.85M

Belo Sun Mining Corp., with a market cap of CA$41.85 million, is pre-revenue and unprofitable, reporting a net loss of CA$1.59 million for Q3 2024. The company recently raised CA$1.17 million through a private placement involving La Mancha, without significant shareholder dilution in the past year. Despite increased weekly volatility to 27%, Belo Sun remains debt-free with sufficient short-term assets (CA$11.6M) covering liabilities (CA$3.1M). Its seasoned management and board offer stability, though its cash runway supports operations for only 2.5 years if free cash flow continues at historical growth rates.

• Click to explore a detailed breakdown of our findings in Belo Sun Mining's financial health report.

• Gain insights into Belo Sun Mining's past trends and performance with our report on the company's historical track record.

Grande Portage Resources

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

Overview: Grande Portage Resources Ltd. is an exploration stage company focused on exploring and developing natural resource properties in the United States, with a market cap of CA$23.92 million.

Operations: Grande Portage Resources Ltd. has not reported any revenue segments as it is currently in the exploration stage.

Market Cap: CA$23.92M

Grande Portage Resources Ltd., with a market cap of CA$23.92 million, is pre-revenue and currently unprofitable. The company has no debt but faces liquidity challenges, with short-term assets (CA$163.3K) not covering its liabilities (CA$319.2K). Recently, it raised capital through private placements and announced plans for extensive exploration at its New Amalga Mine Gold project in Alaska, including 10,000 meters of diamond drilling. Shareholders experienced an 8.4% dilution over the past year as the company issued more shares to fund operations and incentivize consultants through stock options priced at CA$0.30 per share.

• Unlock comprehensive insights into our analysis of Grande Portage Resources stock in this financial health report.

• Evaluate Grande Portage Resources' 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 CNSX:FLM TSX:BSX and TSXV:GPG.

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