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Metal Bank Limited ( (AU:MBK) ) just unveiled an update.
Metal Bank Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $171,000 and from investing activities of $378,000. The company did not generate any cash from financing activities this quarter, but had previously raised $1,477,000 in the year to date. This financial update underscores the company’s ongoing investment in exploration and evaluation, reflecting its commitment to advancing its projects despite current cash flow challenges.
More about Metal Bank Limited
Metal Bank Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources.
YTD Price Performance: -50.0%
Average Trading Volume: 115,759
Technical Sentiment Signal: Buy
Current Market Cap: A$4.97M
For an in-depth examination of MBK stock, go to TipRanks’ Stock Analysis page.