Native Mineral Resources Reports Quarterly Cash Flow with Positive Financing Outcome

Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) just unveiled an announcement.

Native Mineral Resources Holdings Ltd. reported its quarterly cash flow, highlighting a net cash outflow from operating and investing activities, primarily due to exploration and evaluation costs. Despite these outflows, the company secured significant financing through equity securities, resulting in a positive net cash flow for the period, which may support its ongoing exploration activities and strengthen its financial position.

More about Native Mineral Resources Holdings Ltd.

Native Mineral Resources Holdings Ltd. operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is engaged in identifying and developing potential mining sites to extract valuable minerals.

YTD Price Performance: 312.50%

Average Trading Volume: 2,251,084

Technical Sentiment Signal: Sell

Current Market Cap: A$145.8M

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