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Mont Royal Resources Reports Positive Operating Cash Flow Amidst Investment Outlays

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Mont Royal Resources Reports Positive Operating Cash Flow Amidst Investment Outlays

Confident Investing Starts Here:

Mont Royal Resources Ltd. ( (AU:MRZ) ) has issued an update.

Mont Royal Resources Ltd. reported a positive cash flow from operating activities of AUD 377,000 for the December 2024 quarter, primarily aided by government grants and tax incentives amounting to AUD 534,000. Despite these gains, the company experienced a cash outflow of AUD 307,000 in investing activities, mainly due to exploration and evaluation expenses, highlighting its ongoing commitment to resource development.

More about Mont Royal Resources Ltd.

Mont Royal Resources Ltd. operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources.

YTD Price Performance: -25.00%

Average Trading Volume: 79,755

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.55M

For a thorough assessment of MRZ stock, go to TipRanks’ Stock Analysis page.

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