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Ragnar Metals Limited ( (AU:RAG) ) has issued an update.
Ragnar Metals Limited reported its quarterly cash flow, revealing a net cash outflow from operating activities amounting to $483,000 and a significant outflow from investing activities totaling $1,446,000. Despite these outflows, the company managed to maintain a cash balance of $874,000 at the end of the period, indicating a cautious approach to managing its financial resources amidst ongoing exploration and evaluation efforts.
More about Ragnar Metals Limited
Ragnar Metals Limited is a company operating in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company primarily engages in activities related to mining exploration and holds interests in various tenements.
Average Trading Volume: 507,695
Technical Sentiment Signal: Sell
Current Market Cap: A$9.48M
Learn more about RAG stock on TipRanks’ Stock Analysis page.