An update from North Stawell Minerals, Ltd. ( (AU:NSM) ) is now available.
North Stawell Minerals Ltd reported its quarterly cash flow, indicating a net cash outflow from operating activities of $133,000 and from investing activities of $400,200. The company’s financing activities also resulted in a net cash outflow of $13,400, despite earlier proceeds from equity securities. The overall cash position decreased from $1,016,600 at the beginning of the period to $472,100, reflecting ongoing investments in exploration and evaluation, as well as administrative expenses.
More about North Stawell Minerals, Ltd.
North Stawell Minerals Ltd is engaged in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company primarily deals with the exploration of gold deposits, aiming to expand its market presence and resource base.
YTD Price Performance: 100.0%
Average Trading Volume: 650,191
Technical Sentiment Signal: Sell
Current Market Cap: A$10.95M
For a thorough assessment of NSM stock, go to TipRanks’ Stock Analysis page.