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The latest announcement is out from Geopacific Resources Limited ( (AU:GPR) ).
Geopacific Resources Limited reported its quarterly cash flow activities, highlighting a net cash outflow from operating activities amounting to $766,000 for the current quarter, mainly driven by exploration and evaluation costs. The report indicates a cautious approach to cash management, with significant expenditures on project studies and community relocation programs, while financing activities led to a net inflow of $6,175,000, reflecting strategic financial maneuvers to bolster liquidity.
More about Geopacific Resources Limited
Geopacific Resources Limited is a company engaged in the mining exploration sector, focusing primarily on exploration and evaluation activities. The company operates within the natural resources industry, targeting mineral deposits and related opportunities.
YTD Price Performance: -60.0%
Average Trading Volume: 4,388
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $43.68M
Learn more about GPR stock on TipRanks’ Stock Analysis page.