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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.