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Stavely Minerals Ltd ( (AU:SVY) ) has shared an update.
Stavely Minerals Ltd reported a net cash outflow from operating activities of $662,000 for the current quarter, primarily due to significant exploration and evaluation expenditures. The company also experienced a net cash outflow from investing activities amounting to $256,000, while financing activities resulted in a minor cash outflow of $25,000, reflecting a challenging financial quarter.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is a company operating in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is engaged in activities related to the discovery and development of mineral deposits, with a particular emphasis on exploration and evaluation efforts.
YTD Price Performance: -30.0%
Average Trading Volume: 522,972
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$7.62M
Find detailed analytics on SVY stock on TipRanks’ Stock Analysis page.