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Legend Mining Boosts Cash Position with R&D Refund

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Legend Mining Boosts Cash Position with R&D Refund

Legend Mining Limited ( (AU:LEG) ) just unveiled an announcement.

Legend Mining Limited has announced the receipt of a $1.77 million cash refund from the Australian Taxation Office, following the submission of its FY2024 tax return which included a Research and Development claim. This refund boosts Legend’s cash balance to approximately $12.98 million, strengthening its financial position and potentially supporting further exploration activities.

More about Legend Mining Limited

Legend Mining Limited operates in the mining industry with a focus on exploration and development of mineral resources.

YTD Price Performance: -8.33%

Average Trading Volume: 362,409

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$32M

Find detailed analytics on LEG stock on TipRanks’ Stock Analysis page.

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