Alchemy Resources Limited (AU:ALY) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Alchemy Resources Limited reports a decrease in cash reserves for the quarter ending September 2024, with net cash outflows from both operating and investing activities amounting to $462,000. The company faces challenges in maintaining cash flow, primarily due to exploration and evaluation expenses.
For further insights into AU:ALY stock, check out TipRanks’ Stock Analysis page.