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Rey Resources Ltd ( (AU:REY) ) has issued an update.
Rey Resources Ltd reported its quarterly cash flow results, indicating a net cash outflow from operating activities of $728,000 for the current quarter and $2,331,000 year-to-date. The company experienced a net cash outflow from investing activities of $196,000 for the quarter, while financing activities provided a net cash inflow of $700,000. These financial movements reflect the company’s ongoing exploration efforts and reliance on financing to support its operations.
More about Rey Resources Ltd
Rey Resources Ltd is a company involved in mining exploration, focusing on the evaluation and development of mineral resources. The company operates within the mining industry, with a particular emphasis on exploration activities.
YTD Price Performance: -5.00%
Average Trading Volume: 10,776
Technical Sentiment Signal: Buy
Current Market Cap: A$8.04M
For detailed information about REY stock, go to TipRanks’ Stock Analysis page.