Tombador Iron Sees Positive Cash Flow Shift

Tombador Iron Ltd. (AU:TI1) has released an update.

Tombador Iron Limited reported a net decrease in cash flow from operating activities, totaling $663,000 for the quarter ending March 31, 2024. However, the company experienced a positive cash flow from investing activities, bringing in $2,173,000. This resulted in a net increase in cash and cash equivalents, with a starting balance of $8,617,000 at the beginning of the period.

For further insights into AU:TI1 stock, check out TipRanks’ Stock Analysis page.