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An update from Auric Mining Ltd. ( (AU:AWJ) ) is now available.
Auric Mining Ltd reported a net cash inflow from operating activities of $4.664 million for the current quarter, primarily driven by interim cash distributions from gold sales at Jeffreys Find. Despite positive operating cash flow, the company experienced a net cash outflow in investing activities amounting to $711,000, largely due to payments for tenements and exploration. The overall financial position indicates a strategic focus on sustaining operations through gold sales while investing in future growth opportunities.
More about Auric Mining Ltd.
Auric Mining Ltd is a company operating in the mining exploration industry, focusing primarily on gold extraction and sales. The company is involved in the development and evaluation of mining tenements and assets, with a market focus on maximizing returns from gold sales.
YTD Price Performance: -25.00%
Average Trading Volume: 244,852
Technical Sentiment Signal: Hold
Current Market Cap: A$37.98M
Find detailed analytics on AWJ stock on TipRanks’ Stock Analysis page.
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