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Legend Mining Limited ( (AU:LEG) ) has issued an announcement.
Legend Mining Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $161,000, primarily due to administration and corporate costs. The company also experienced cash outflows from investing activities, totaling $478,000, mainly attributed to exploration and evaluation expenditures. Overall, the financial report indicates a decrease in cash and cash equivalents, reflecting ongoing investments in exploration and operational expenses.
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 involved in identifying and developing mining projects, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 1,715,004
Technical Sentiment Signal: Sell
Current Market Cap: A$29.14M
For a thorough assessment of LEG stock, go to TipRanks’ Stock Analysis page.