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Ragnar Metals Limited ( (AU:RAG) ) has shared an update.
Ragnar Metals Limited reported its quarterly cash flow, highlighting a net cash outflow of $299,000 from operating activities and $94,000 from investing activities. The company’s cash and cash equivalents decreased to $481,000 by the end of the quarter, reflecting ongoing investments in exploration and evaluation, which are crucial for its growth strategy in the mining sector.
More about Ragnar Metals Limited
Ragnar Metals Limited operates in the mining exploration sector, focusing on the exploration and evaluation of mineral resources. The company is involved in identifying and developing potential mining sites, with an emphasis on expanding its resource base.
Average Trading Volume: 915,320
Technical Sentiment Signal: Hold
Current Market Cap: A$12.8M
For a thorough assessment of RAG stock, go to TipRanks’ Stock Analysis page.