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Auric Mining Ltd. ( (AU:AWJ) ) has provided an announcement.
Auric Mining Limited announced financial updates for the quarter ending 31 December 2024, showcasing a strong cash position with approximately $10 million in current assets, including cash, trade debtors, and shares. The company has received interim cash distributions from its joint venture with BML Ventures Pty Ltd at Jeffreys Find Gold Mine, illustrating steady cash flow from gold sales and indicating further cash distributions expected in Q1 2025, positively impacting its operational liquidity and market positioning.
More about Auric Mining Ltd.
Auric Mining Limited operates in the mining industry, focusing primarily on gold extraction through its joint venture projects. The company is involved in operational activities at the Jeffreys Find Gold Mine, highlighting its engagement in the mineral exploration and production sector.
YTD Price Performance: -2.94%
Average Trading Volume: 762,849
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$48.41M
See more insights into AWJ stock on TipRanks’ Stock Analysis page.
