Metalicity Limited (AU:MCT) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Metalicity Limited’s quarterly cash flow report for the period ending June 30, 2024, indicates a net decrease in cash and cash equivalents due to operating and investing activities totaling ($943,000) and ($1,012,000) respectively, despite a positive cash flow from financing activities amounting to $1,448,000. The company has experienced significant outflows from exploration and evaluation costs, while managing to raise funds through equity securities and borrowings.
For further insights into AU:MCT stock, check out TipRanks’ Stock Analysis page.