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Orion Minerals Limited ( (AU:ORN) ) has shared an update.
Orion Minerals Limited’s latest quarterly cash flow report reveals a significant decrease in cash position due to expenditures in exploration and evaluation activities. Despite a challenging cash flow from operations and investments, the company secured financing proceeds, which slightly offset the overall cash outflow, reflecting its ongoing efforts to maintain financial stability amid active project development.
More about Orion Minerals Limited
Orion Minerals Limited is a mining exploration entity focused on the exploration and evaluation of mineral resources. The company is engaged in the mining sector, primarily targeting the development and extraction of valuable minerals.
YTD Price Performance: -30.0%
Average Trading Volume: 210,022
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$95.74M
See more data about ORN stock on TipRanks’ Stock Analysis page.