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Legend Mining Limited Reports Positive Operating Cash Flow Amid Exploration Expenses

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Legend Mining Limited Reports Positive Operating Cash Flow Amid Exploration Expenses

Legend Mining Limited ( (AU:LEG) ) has issued an update.

Legend Mining Limited reported a net positive cash flow from operating activities for the quarter ending March 31, 2025, primarily due to a significant research and development refund. Despite this, the company experienced a net cash outflow from investing activities, mainly due to exploration and evaluation expenses. The financial report indicates a stable cash position at the beginning of the period, with a slight decrease in cash equivalents by the end of the quarter.

More about Legend Mining Limited

Legend Mining Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is engaged in activities related to mining exploration and does not currently have production operations.

Average Trading Volume: 296,425

Technical Sentiment Signal: Buy

Current Market Cap: A$20.37M

See more insights into LEG stock on TipRanks’ Stock Analysis page.

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