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Westar Resources Ltd. ( (AU:WSR) ) has provided an update.
Westar Resources Ltd. reported its quarterly cash flow, revealing a net cash outflow from operating activities of $342,000 and a year-to-date outflow of $1,253,000. Despite these operational cash challenges, the company managed to maintain its cash position through financing activities, which provided a net inflow of $1,138,000 over the year, indicating a reliance on external funding to support its exploration and evaluation efforts.
More about Westar Resources Ltd.
Westar Resources Ltd. operates in the mining exploration sector, focusing on the exploration and evaluation of mineral resources. The company is primarily engaged in identifying and developing potential mining sites, contributing to the resource extraction industry.
Technical Sentiment Signal: Sell
Current Market Cap: A$2.39M
See more data about WSR stock on TipRanks’ Stock Analysis page.