Xantippe Resources Faces Cash Flow Challenges
Company Announcements

Xantippe Resources Faces Cash Flow Challenges

Xantippe Resources Limited (AU:XTC) has released an update.

Xantippe Resources Limited reports a net decrease in cash and cash equivalents for the March 2024 quarter, with cash outflows from operating and investing activities, partially offset by inflows from financing activities. The company’s financial statement shows expenditures on exploration and evaluation, staff, and administration costs, alongside funds raised through equity securities and borrowings.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App