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Orion Minerals Limited ( (AU:ORN) ) has provided an update.
Orion Minerals Ltd reported its quarterly cash flow, highlighting a net cash outflow from operating activities amounting to $3.088 million, primarily due to exploration, evaluation, and administrative costs. However, the company saw a positive cash flow from financing activities, raising $4.736 million, which contributed to an overall increase in cash and cash equivalents for the period.
More about Orion Minerals Limited
Orion Minerals Ltd is a mining exploration company focused on the exploration and development of mineral resources. The company primarily operates in the mining industry, with a focus on the exploration and evaluation of mineral tenements.
Average Trading Volume: 1,632,391
Technical Sentiment Signal: Buy
Current Market Cap: A$129.1M
For an in-depth examination of ORN stock, go to TipRanks’ Overview page.