tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Laneway Resources Ltd. Reports Quarterly Cash Flow

Story Highlights
  • Laneway Resources Ltd. reported a net cash outflow of $4.059 million from operations.
  • The company saw a net cash inflow of $4.322 million from financing activities this quarter.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Laneway Resources Ltd. Reports Quarterly Cash Flow

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Laneway Resources Ltd. ( (AU:SVG) ) is now available.

Laneway Resources Ltd. has released its quarterly cash flow report, indicating a net cash outflow from operating activities of $4.059 million for the current quarter, with a year-to-date outflow of $10.769 million. The company also reported a net cash inflow from financing activities of $4.322 million for the quarter, contributing to a year-to-date inflow of $7.763 million. Despite the negative cash flow from operations, the financing activities have helped to offset the cash outflow, suggesting a strategic focus on maintaining liquidity.

More about Laneway Resources Ltd.

Average Trading Volume: 1,063,010

Technical Sentiment Signal: Sell

Current Market Cap: A$19.41M

See more insights into SVG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1