tiprankstipranks
Trending News
More News >

Lefroy Exploration Reports Quarterly Cash Flow and Financing Activities

Story Highlights
  • Lefroy Exploration reported a net cash outflow from operations of $296,000.
  • The company raised $504,000 through equity securities, resulting in a net cash inflow of $294,000.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lefroy Exploration Reports Quarterly Cash Flow and Financing Activities

Confident Investing Starts Here:

An announcement from Lefroy Exploration Ltd. ( (AU:LEX) ) is now available.

Lefroy Exploration Limited’s quarterly cash flow report for the period ending March 31, 2025, reveals a net cash outflow from operating activities of $296,000 and a net cash outflow from investing activities of $339,000. Despite these outflows, the company raised $504,000 from equity securities, offset by transaction costs, resulting in a net cash inflow from financing activities of $294,000. This financial activity indicates a strategic focus on securing funds to support ongoing exploration and evaluation efforts, potentially impacting the company’s future growth and stakeholder interests.

More about Lefroy Exploration Ltd.

Lefroy Exploration Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is involved in identifying and developing potential mining sites, primarily targeting valuable mineral deposits.

YTD Price Performance: 10.0%

Average Trading Volume: 199,535

Technical Sentiment Signal: Buy

Current Market Cap: A$19.13M

For an in-depth examination of LEX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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