Here's Why We're Watching Viscount Mining's (CVE:VML) Cash Burn Situation

By Yahoo! Finance   |   1 week ago
Here's Why We're Watching Viscount Mining's (CVE:VML) Cash Burn Situation

Investors are attracted to unprofitable companies like Viscount Mining due to share price growth. However, such companies pose risks as they could exhaust their cash reserves. Viscount Mining had a short cash runway of 10 months in November 2024, with increasing cash burn raising concerns about sustainability.

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