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An announcement from Great Western Exploration Limited ( (AU:GTE) ) is now available.
Great Western Exploration Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $144,000 and a significant investment in exploration and evaluation activities amounting to $825,000. The company also recorded a net cash inflow from financing activities of $5,592,000, primarily due to proceeds from equity securities, which bolsters its financial position for ongoing and future exploration projects.
More about Great Western Exploration Limited
Great Western Exploration Limited operates in the mining exploration industry, focusing primarily on the exploration and evaluation of mineral resources. The company is involved in the acquisition and development of tenements and is actively engaged in exploration activities to discover valuable mineral deposits.
YTD Price Performance: -29.63%
Average Trading Volume: 294,358
Technical Sentiment Signal: Buy
Current Market Cap: A$10.79M
Find detailed analytics on GTE stock on TipRanks’ Stock Analysis page.