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Meeka Metals Reports Strong Financing Cash Inflows Amid Operating and Investing Outflows

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Meeka Metals Reports Strong Financing Cash Inflows Amid Operating and Investing Outflows

Meeka Gold Limited ( (AU:MEK) ) has issued an update.

Meeka Metals Limited reported its quarterly cash flow for the period ending December 31, 2024. The company experienced a significant net cash inflow from financing activities, amounting to $57.8 million, driven by proceeds from the issuance of equity securities and the exercise of options. However, the company faced notable cash outflows in operating and investing activities, resulting in a net decrease in cash equivalents for the period.

More about Meeka Gold Limited

YTD Price Performance: 46.51%

Average Trading Volume: 9,760

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €164M

For detailed information about MEK stock, go to TipRanks’ Stock Analysis page.

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