Legend Mining’s Cash Flow Report Highlights Exploration Commitments

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

Legend Mining Limited reported its quarterly cash flow, indicating a decrease in cash and cash equivalents by $66,000 from operating activities and $750,000 from investing activities. The report highlights ongoing expenditures in exploration and evaluation, leading to a financial outflow that affects the company’s liquidity, but also reflects its commitment to advancing its mining projects.

More about Legend Mining Limited

Legend Mining Limited operates in the mining exploration sector, focusing on the exploration and evaluation of mineral resources. The company is involved in identifying potential mining sites and assessing their viability for development and production.

YTD Price Performance: -16.67%

Average Trading Volume: 340,279

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$29.09M

Learn more about LEG stock on TipRanks’ Stock Analysis page.