Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s property portfolio includes, Treaty Creek Property, Eskay Rift Property, Harry Property, Del Norte Property, Lord Nelson Property, Orion Property, Big Gold Property, Tonga Property, Fiji Property, King Tut Property, Tuck Property, High North Property, Delta Property, Fairweather Property, Tennyson Property, Pearson Property, Clone Property, Four J’s Property, Konkin Silver Property, Midas Property, Bay Silver Property, Bonsai Property, Gold Mountain Property, Ram Property, Silver Leduc Property, Stamp Property, and Treaty East Property. The Lord Nelson claims lie immediately north of Teuton’s Del Norte property.

TSXV:TUO - Post by User

Teuton Resources Corp

<< Previous

Bullboard Posts

Next >>

Post by highperon Aug 13, 2022 5:03pm

244 Views

Post# 34894380

Teuton Resources' (CVE:TUO) Cash Burn Situation

Simply Wall St.

Here's Why We're Not Too
Worried About Teuton
Resources' (CVE:TUO) Cash
Burn Situation

Given this risk, we thought we'd take a look at whether Teuton Resources (CVE:TUO) shareholders should be worried about its cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. We'll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

View our latest analysis for Teuton Resources

How Long Is Teuton Resources' Cash Runway?

A company's cash runway is calculated by dividing its cash hoard by its cash burn. In March 2022, Teuton Resources had CA$17m in cash, and was debt-free. In the last year, its cash burn was CA$2.7m. Therefore, from March 2022 it had 6.4 years of cash runway. Even though this is but one measure of the company's cash burn, the thought of such a long cash runway warms our bellies in a comforting way. The image below shows how its cash balance has been changing over the last few years.

https://ca.finance.yahoo.com/news/heres-why-were-not-too-165609080.html

<< Previous

Bullboard Posts

Next >>

Online behaviour puts Canadians at risk of cyberattacks, study finds