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Legacy Iron Ore Ltd ( (AU:LCY) ) has issued an announcement.
Legacy Iron Ore Ltd reported a net cash outflow from operating activities of $1.97 million for the quarter ending March 31, 2025, driven by significant production costs. The company also experienced a net cash outflow from investing activities totaling $2.815 million, primarily due to expenditures on exploration and evaluation assets. Despite these outflows, the company had previously secured $22.216 million from financing activities over the past year, which has bolstered its cash reserves.
More about Legacy Iron Ore Ltd
Legacy Iron Ore Ltd is a mining exploration entity focused on the exploration and development of iron ore and other mineral resources. The company operates within the mining industry, primarily dealing with the exploration and evaluation of mineral deposits.
Average Trading Volume: 443,570
Technical Sentiment Signal: Buy
Current Market Cap: A$89.26M
For detailed information about LCY stock, go to TipRanks’ Stock Analysis page.