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We're Keeping An Eye On Cardiol Therapeutics' (TSE:CRDL) Cash Burn Rate

By Yahoo! Finance   |   Jul 12, 2024 at 10:57 AM EST
We're Keeping An Eye On Cardiol Therapeutics' (TSE:CRDL) Cash Burn Rate

Investors are attracted to unprofitable companies like Cardiol Therapeutics due to high share price growth, despite cash burn risks. With a cash runway of 15 months, the company aims for cash flow breakeven in 4 years.

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