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Argonaut Resources ( (AU:ORP) ) has provided an update.
Orpheus Uranium Limited, a mining exploration entity, has reported its quarterly cash flow results for the period ending June 30, 2025. The company experienced a net cash outflow from operating activities amounting to $311,000 and from investing activities totaling $253,000. However, it achieved a net cash inflow of $1,157,000 from financing activities, primarily through the issuance of equity securities. This financial update indicates a strategic focus on securing capital through equity to support its exploration and development activities, despite the current operational cash deficits.
More about Argonaut Resources
YTD Price Performance: 14.29%
Average Trading Volume: 200,637
Technical Sentiment Signal: Sell
Current Market Cap: A$11.27M
For a thorough assessment of ORP stock, go to TipRanks’ Stock Analysis page.