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Orion Minerals Limited ( (AU:ORN) ) has provided an announcement.
Orion Minerals Ltd reported a quarterly cash flow statement indicating significant cash outflows in operating and investing activities, with net cash used in operating activities amounting to $2.732 million and $2.702 million in investing activities. However, the company managed to secure $554,000 from financing activities, contributing to a net decrease in cash and cash equivalents for the period, highlighting the company’s ongoing investment in exploration and development projects.
More about Orion Minerals Limited
Orion Minerals Ltd is a mining exploration company focused on the exploration and development of mineral resources, primarily in the sectors of mining exploration and oil and gas exploration.
YTD Price Performance: -13.33%
Average Trading Volume: 329,234
Technical Sentiment Signal: Buy
Current Market Cap: A$89.06M
Learn more about ORN stock on TipRanks’ Stock Analysis page.