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Alchemy Resources Faces Cash Flow Challenges in Q3

Alchemy Resources Faces Cash Flow Challenges in Q3

Alchemy Resources Limited (AU:ALY) has released an update.

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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.

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