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The latest update is out from E79 Gold Mines Limited ( (AU:E79) ).
E79 Gold Mines reported a net operating cash outflow of A$488,000 for the December 2025 quarter and A$1.315 million for the half year, largely driven by exploration and evaluation spending and associated staff, administrative and corporate costs, while investing cash outflows of A$147,000 included payments related to the acquisition of Cue Metals Pty Ltd and the exercise of an option over Cue tenements. These expenditures were funded by A$3.115 million raised from equity issues during the quarter, resulting in a net positive cash movement from financing activities that strengthened the company’s cash position and underpinned its capacity to continue exploration and advance its recently acquired projects, an important consideration for shareholders tracking funding runway and project momentum in a capital-intensive exploration environment.
The most recent analyst rating on (AU:E79) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on E79 Gold Mines Limited stock, see the AU:E79 Stock Forecast page.
More about E79 Gold Mines Limited
E79 Gold Mines Limited is an Australian-listed mining exploration company focused on gold assets. The company operates as an early-stage explorer rather than a producer, deploying capital into exploration, evaluation and strategic tenement and entity acquisitions within the gold sector.
Average Trading Volume: 818,800
Technical Sentiment Signal: Buy
For an in-depth examination of E79 stock, go to TipRanks’ Overview page.