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Nagambie Resources Limited ( (AU:NAG) ) has shared an update.
Nagambie Resources Limited reported its quarterly cash flow, revealing a net cash outflow from operating activities of $316,000 and an outflow of $150,000 from investing activities. However, the company successfully raised $1,200,000 through equity securities, resulting in a net cash inflow of $1,168,000 from financing activities, which significantly bolstered its cash position.
More about Nagambie Resources Limited
Nagambie Resources Limited is a mining exploration entity focused on the exploration and evaluation of mineral resources. The company operates primarily in the mining industry, with a focus on discovering and developing mineral deposits.
YTD Price Performance: -11.11%
Average Trading Volume: 2,117,426
Technical Sentiment Signal: Sell
Current Market Cap: A$14.35M
Learn more about NAG stock on TipRanks’ Stock Analysis page.