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Leo Lithium Ltd. ( (AU:LLL) ) has shared an announcement.
Leo Lithium Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $3.032 million and a total outflow of $6.303 million for the year to date. The company also recorded a net cash outflow from investing activities of $1.250 million and a significant outflow from financing activities, primarily due to dividends and capital distribution to shareholders, totaling $207.169 million. This financial update reflects the company’s ongoing investments and shareholder returns, impacting its cash reserves and potentially influencing its strategic financial planning.
The most recent analyst rating on (AU:LLL) stock is a Hold with a A$0.45 price target. To see the full list of analyst forecasts on Leo Lithium Ltd. stock, see the AU:LLL Stock Forecast page.
More about Leo Lithium Ltd.
Leo Lithium Limited operates in the mining exploration industry, focusing on the exploration and evaluation of lithium resources. The company is engaged in the development and production of lithium, a key component in battery technology, which is crucial for the growing electric vehicle market.
Technical Sentiment Signal: Hold
Current Market Cap: A$605.1M
Learn more about LLL stock on TipRanks’ Stock Analysis page.