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Metalsgrove Mining Ltd. ( (AU:MGA) ) has issued an update.
MetalsGrove Mining Ltd. reported a net cash outflow from operating activities of $308,000 for the quarter ending September 2025, primarily due to staff and administrative costs. The company also recorded a cash outflow of $44,000 from investing activities, related to exploration and evaluation expenses. No cash flow was reported from financing activities, leaving the company with a decrease in cash and cash equivalents for the period.
More about Metalsgrove Mining Ltd.
MetalsGrove Mining Ltd. operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is primarily engaged in activities related to the acquisition and development of mining tenements.
Average Trading Volume: 224,808
Technical Sentiment Signal: Hold
Current Market Cap: A$6.33M
For an in-depth examination of MGA stock, go to TipRanks’ Overview page.