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Allup Silica Ltd. ( (AU:MML) ) has issued an update.
McLaren Minerals Limited, a mining exploration entity, reported its quarterly cash flow for the period ending September 30, 2025. The company experienced a net cash outflow from operating activities amounting to $404,000, primarily due to expenses related to staff, directors, consultants, and administration. Additionally, the company invested $378,000 in exploration and evaluation activities. However, McLaren Minerals managed to raise $785,000 through equity securities, resulting in a net cash inflow of $732,000 from financing activities. This financial maneuvering indicates a strategic focus on securing funds to support its exploration initiatives.
More about Allup Silica Ltd.
Average Trading Volume: 2,232,684
Technical Sentiment Signal: Sell
Current Market Cap: A$5.17M
See more insights into MML stock on TipRanks’ Stock Analysis page.