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Legend Mining Limited ( (AU:LEG) ) has issued an update.
Legend Mining Limited’s quarterly cash flow report reveals a net cash outflow in operating activities of $189,000 for the current quarter, despite a positive cash flow of $1,115,000 year-to-date. The company also reported a net cash outflow of $173,000 in investing activities for the quarter, reflecting ongoing investments in exploration and evaluation. These financial activities indicate a continued focus on exploration efforts, which could impact the company’s liquidity and operational strategy moving forward.
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 identifying and developing mining projects, with a particular emphasis on exploration activities.
Technical Sentiment Signal: Sell
Current Market Cap: A$24.77M
Learn more about LEG stock on TipRanks’ Stock Analysis page.