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Sunshine Gold Ltd ( (AU:SHN) ) has issued an update.
Sunshine Metals Limited, a mining exploration entity, reported its quarterly cash flow results for the period ending September 30, 2025. The company experienced a net cash outflow from operating activities amounting to $234,000, primarily due to administration and corporate costs. Investing activities also saw a cash outflow of $1,221,000, largely attributed to exploration and evaluation expenses. However, Sunshine Metals raised $4,861,000 through equity securities, resulting in a net cash inflow of $4,594,000 from financing activities. This financial maneuver has led to a significant increase in cash and cash equivalents, positioning the company for potential future growth and stability.
More about Sunshine Gold Ltd
Average Trading Volume: 12,240,752
Technical Sentiment Signal: Buy
Current Market Cap: A$61.05M
See more data about SHN stock on TipRanks’ Stock Analysis page.