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Dreadnought Resources Limited ( (AU:DRE) ) has issued an announcement.
Dreadnought Resources Limited reported its quarterly cash flow, highlighting a net cash inflow from operating activities, aided by government grants and tax incentives. Despite this positive operational cash flow, the company faced cash outflows in investing activities, primarily due to significant spending on exploration and evaluation, leading to an overall decrease in cash reserves for the period.
More about Dreadnought Resources Limited
Dreadnought Resources Limited operates in the mining exploration sector, focusing on the exploration and evaluation of mineral tenements. The company is engaged in identifying and developing mining opportunities, with a particular emphasis on enhancing its portfolio of exploration assets.
YTD Price Performance: 20.0%
Average Trading Volume: 3,192,369
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$45.21M
For an in-depth examination of DRE stock, go to TipRanks’ Stock Analysis page.
