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Orion Minerals Bolsters Cash Position with Equity Raising Amid Ongoing Exploration Spend

Story Highlights
  • Orion Minerals recorded continued operating and investing cash outflows, mainly from exploration and corporate costs.
  • A substantial equity raising increased Orion’s cash balance, reinforcing liquidity to fund ongoing exploration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Orion Minerals Bolsters Cash Position with Equity Raising Amid Ongoing Exploration Spend

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Orion Minerals Limited ( (AU:ORN) ) just unveiled an update.

Orion Minerals reported a net cash outflow from operating activities of A$2.9 million for the December 2025 quarter, driven mainly by exploration and evaluation expenditure, staff costs and corporate expenses, alongside a further A$1.3 million used in investing activities largely for exploration and project development. These outflows were more than offset by A$9.1 million raised from equity issues in the quarter, lifting cash and cash equivalents from A$0.5 million to A$6.5 million, which strengthens the company’s short-term liquidity and supports ongoing exploration programs despite continued negative operating cash flow.

The most recent analyst rating on (AU:ORN) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Orion Minerals Limited stock, see the AU:ORN Stock Forecast page.

More about Orion Minerals Limited

Orion Minerals Ltd is a mining exploration company focused on developing mineral resources, with activities centred on exploration and evaluation rather than production, positioning it within the early-stage resources sector.

Average Trading Volume: 1,254,267

Technical Sentiment Signal: Buy

Current Market Cap: A$260.7M

Learn more about ORN stock on TipRanks’ Stock Analysis page.

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