Boadicea Resources Ltd. (AU:BOA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Boadicea Resources Ltd. reports a challenging quarter, ending March 2024, with net cash outflows from operating and investing activities totaling $509,000 and $821,000 respectively, despite raising $1,943,000 through financing activities. The company’s cash flow statement indicates significant investments in exploration and evaluation alongside costs of finance, while managing to generate some income through the disposal of assets and equity financing.
For further insights into AU:BOA stock, check out TipRanks’ Stock Analysis page.