tiprankstipranks
Trending News
More News >

Clean Air Metals Shows Steady Financial Position

Story Highlights
  • Clean Air Metals reports total assets of $37.2 million and shareholder equity of $33.6 million.
  • The company remains confident despite a $2.6 million net loss, focusing on development plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Clean Air Metals Shows Steady Financial Position

Clean Air Metals (TSE:AIR) has released an update.

Confident Investing Starts Here:

Clean Air Metals has released its interim financial statements for the nine months ending October 31, 2024, showcasing total assets of $37.2 million and shareholder equity of $33.6 million. Despite a net loss of $2.6 million during this period, the company remains confident in its financial standing to pursue its development plans. CEO Mike Garbutt highlighted the activation of a drill program and a revised development strategy for its Current deposit, aligning with its goals for 2025.

For further insights into TSE:AIR stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App