Overview: Elemental Altus Royalties Corp. is a precious metals royalty company focused on acquiring royalties and streams over producing or near-producing assets, with a market cap of CA$249.83 million.

Operations: The company's revenue is derived from the acquisition of royalties, streams, and similar production-based interests, totaling $13.42 million.

Market Cap: CA$249.83M

Elemental Altus Royalties Corp., with a market cap of CA$249.83 million, focuses on acquiring royalties and streams from precious metals assets. The company has reported revenue growth, with US$7.08 million in the first half of 2024 compared to US$5.41 million in the previous year, despite remaining unprofitable. Elemental Altus benefits from a stable cash runway exceeding three years due to positive free cash flow growth and minimal debt levels. Recent developments include securing royalty agreements on Allied Gold's Diba deposit in Mali, providing potential future income streams as production milestones are achieved and approved for development.

• Dive into the specifics of Elemental Altus Royalties here with our thorough balance sheet health report.

• Examine Elemental Altus Royalties' earnings growth report to understand how analysts expect it to perform.

WonderFi Technologies

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

Overview: WonderFi Technologies Inc. focuses on developing and acquiring technology platforms to support investments in digital assets, with a market cap of CA$98.99 million.

Operations: The company's revenue is primarily derived from its Trading segment, which generated CA$48.33 million.

Market Cap: CA$98.99M

WonderFi Technologies Inc., with a market cap of CA$98.99 million, has shown significant revenue growth, reporting CA$30.55 million in sales for the first half of 2024 compared to CA$5.45 million the previous year. The company remains unprofitable but benefits from a stable cash runway exceeding three years due to its current free cash flow position and more cash than total debt. Recent initiatives include launching enhanced mobile apps for Bitbuy and Coinsquare, alongside an international marketing campaign targeting sports fans, potentially broadening user engagement and brand visibility in Canada and Australia through strategic partnerships with DAZN.

• Click here and access our complete financial health analysis report to understand the dynamics of WonderFi Technologies.

• Learn about WonderFi Technologies' future growth trajectory here.

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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 TSX:MSCL TSXV:ELE and TSX:WNDR.

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