We're Keeping An Eye On Kenorland Minerals' (CVE:KLD) Cash Burn Rate

By Yahoo! Finance   |   4 weeks ago
We're Keeping An Eye On Kenorland Minerals' (CVE:KLD) Cash Burn Rate

Although a business's lack of profitability doesn't always lead to a stock decline, it poses risks. Analyzing Kenorland Minerals' cash burn rate and reserves suggests a 20-month cash runway as of September 2024. Despite reduced cash burn, the company's growth trajectory faces challenges.

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