Lion Energy Limited (AU:LIO) has released an update.
Lion Energy Limited reports a net cash increase for the quarter ending September 2024, driven by a significant inflow from investing activities amounting to $1.76 million. Despite operating activities resulting in a cash outflow, the company’s cash position remains bolstered by previous financing efforts. This financial stability might interest investors looking for potential growth opportunities in the energy sector.
For further insights into AU:LIO stock, check out TipRanks’ Stock Analysis page.
