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An announcement from Northern Minerals Limited ( (AU:NTU) ) is now available.
Northern Minerals Limited reported its quarterly cash flow, revealing a net cash outflow of $6.61 million from operating activities, primarily due to exploration, evaluation, and site maintenance costs. The company also experienced minor cash outflows from investing and financing activities, resulting in a decrease in cash and cash equivalents, which may impact its operational liquidity and strategic planning.
The most recent analyst rating on (AU:NTU) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Northern Minerals Limited stock, see the AU:NTU Stock Forecast page.
More about Northern Minerals Limited
Northern Minerals Limited operates in the mining exploration sector, focusing on the exploration and evaluation of mineral resources. The company is engaged in activities related to the development of mining sites and the maintenance of these sites, with a market focus on minerals exploration.
Average Trading Volume: 28,774,029
Technical Sentiment Signal: Buy
Current Market Cap: A$392.8M
Find detailed analytics on NTU stock on TipRanks’ Stock Analysis page.