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Kin Mining NL ( (AU:PTN) ) has provided an update.
Patronus Resources Limited reported a net cash outflow from operating activities of A$3.47 million for the quarter ended 31 December 2025, driven primarily by A$3.27 million in exploration and evaluation expenditure and higher staff and corporate costs, partially offset by customer receipts and A$440,000 in interest income. Investing activity produced a small net cash outflow of A$258,000 as the company continued to deploy funds into investments and limited capital expenditure, funded in part by the maturity of term deposits, while financing activities were minimal with a A$43,000 outflow, underscoring that the company is currently funding its exploration-led growth largely from its balance sheet rather than new equity or debt raisings.
The most recent analyst rating on (AU:PTN) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Kin Mining NL stock, see the AU:PTN Stock Forecast page.
More about Kin Mining NL
Patronus Resources Limited is an ASX-listed mining exploration entity focused on resource exploration and evaluation activities, rather than production or development, and generates modest receipts from customers alongside interest income. The company operates within the broader mining exploration sector, deploying capital into tenements, exploration programs, and financial investments while managing corporate and staff cost structures typical of early-stage resource companies.
Average Trading Volume: 1,352,231
Technical Sentiment Signal: Buy
Current Market Cap: A$113.9M
See more insights into PTN stock on TipRanks’ Stock Analysis page.