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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.

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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.

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