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Legend Mining Reports Cash Flow Decline Amid Exploration
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Legend Mining Reports Cash Flow Decline Amid Exploration

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

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Legend Mining Limited reported a decrease in cash and cash equivalents during the quarter ending September 2024, with net cash used in investing activities amounting to $975,000 and a modest net cash outflow from operating activities. Despite these expenditures, the company still maintains a healthy cash balance of over $13 million, reflecting its strategic management of resources amid ongoing exploration and evaluation efforts.

For further insights into AU:LEG stock, check out TipRanks’ Stock Analysis page.

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