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The latest announcement is out from Image Resources NL ( (AU:IMA) ).
Image Resources NL reported positive operating cash flow in its first quarter of operations at the Atlas Project, with HMC production totaling approximately 45.9k dry metric tonnes. Despite lower than forecast production due to technical issues, the company completed three shipments and maintained its market guidance for 2025. The company ended the quarter with a cash position of A$10.7 million and continued exploration activities at its gold tenements.
More about Image Resources NL
Image Resources NL is a company operating in the mining industry, primarily focused on the production and shipment of Heavy Mineral Concentrate (HMC). The company is engaged in mineral exploration and development, with a market focus on heavy mineral sands projects.
Average Trading Volume: 656,106
Technical Sentiment Signal: Sell
Current Market Cap: A$89.18M
For an in-depth examination of IMA stock, go to TipRanks’ Overview page.