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DMC Mining Reports Quarterly Cash Flow Challenges

DMC Mining Reports Quarterly Cash Flow Challenges

DMC Mining Ltd. (AU:DMM) has released an update.

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DMC Mining Ltd. reported a net cash decrease of $36,000 for the quarter ending September 2024, driven by operational costs and limited cash inflow from financing activities. The company saw a net outflow of $225,000 from operations and minor investments, only partially offset by $197,000 from financing activities. Despite the cash challenges, DMC Mining remains focused on its exploration and evaluation endeavors.

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

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