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Austral Resources Australia Limited ( (AU:AR1) ) has issued an announcement.
Austral Resources Australia Ltd reported a significant increase in losses for the half-year ending June 2025, with a total loss of $24.17 million compared to $9.275 million in the previous year. Despite an increase in revenue from discontinued operations by 4.8% to $44.922 million, the company faced challenges with zero revenue from continuing operations and a decrease in net operating cash inflows. The company’s financial position showed a slight improvement in cash and cash equivalents, but no dividends were declared during this period.
More about Austral Resources Australia Limited
Austral Resources Australia Ltd operates in the mining industry, focusing on the production and sale of copper cathodes. The company has a market focus on copper, which is a key industrial metal.
Technical Sentiment Signal: Hold
Current Market Cap: A$84.35M
For detailed information about AR1 stock, go to TipRanks’ Stock Analysis page.