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Latitude 66 Ltd Reports Quarterly Cash Flow Results

Story Highlights
  • Latitude 66 Ltd reported a net cash outflow of $1.339 million from operating activities.
  • The company saw a net cash inflow of $49,000 from investing activities, but overall cash decreased.
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Latitude 66 Ltd Reports Quarterly Cash Flow Results

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An announcement from DiscovEx Resources Limited ( (AU:LAT) ) is now available.

Latitude 66 Ltd, a mining exploration entity, reported its quarterly cash flow results for the period ending June 30, 2025. The company experienced a net cash outflow from operating activities amounting to $1.339 million, primarily due to exploration and evaluation expenses. Despite this, Latitude 66 Ltd managed to generate a net cash inflow from investing activities of $49,000, thanks to proceeds from the disposal of investments. However, the overall cash position decreased, with a net cash outflow of $14,000 from financing activities, leading to a reduction in cash and cash equivalents by the end of the quarter.

More about DiscovEx Resources Limited

Average Trading Volume: 145,241

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.62M

For an in-depth examination of LAT stock, go to TipRanks’ Overview page.

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