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Boadicea Resources Reports Cash Flow Decline in Q3

Boadicea Resources Reports Cash Flow Decline in Q3

Boadicea Resources Ltd. (AU:BOA) has released an update.

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Boadicea Resources Ltd reported a decrease in cash flow for the quarter ending September 2024, with negative cash flows from both operating and investing activities totaling $288,000. Despite receiving interest income, the company faced expenses related to staff, administration, and exploration, impacting its financial standing. The cash balance at the end of the period stood at $1.934 million, indicating careful financial management amid challenging conditions.

For further insights into AU:BOA stock, check out TipRanks’ Stock Analysis page.

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