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An announcement from Develop Global Limited ( (AU:DVP) ) is now available.
Develop Global Limited reported its quarterly cash flow results for the period ending September 30, 2025. The company experienced a net cash outflow from operating activities of $9.3 million, primarily due to production and staff costs. However, the company raised $180 million from the issuance of equity securities, resulting in a net cash inflow of $161 million from financing activities. This financial maneuver indicates a strategic effort to bolster its capital structure and support future operations.
The most recent analyst rating on (AU:DVP) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Develop Global Limited stock, see the AU:DVP Stock Forecast page.
More about Develop Global Limited
Develop Global Limited operates in the mining exploration and oil and gas exploration sectors. The company focuses on the development and evaluation of mining tenements and related exploration activities.
YTD Price Performance: 79.91%
Average Trading Volume: 1,788,450
Technical Sentiment Signal: Buy
Current Market Cap: A$1.37B
See more data about DVP stock on TipRanks’ Stock Analysis page.