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Alchemy Resources Limited ( (AU:ALY) ) just unveiled an announcement.
Alchemy Resources Limited reported its quarterly cash flow results for the period ending December 31, 2024. The company experienced a net cash outflow from operating activities, amounting to $15,000, reflecting its commitment to exploration and evaluation efforts. Investing activities also saw a significant cash outflow of $533,000, primarily dedicated to exploration and evaluation expenditures. No cash flow was recorded from financing activities, leading to an overall decrease in cash and cash equivalents by the end of the quarter.
More about Alchemy Resources Limited
Alchemy Resources Limited operates within the mining exploration industry, focusing primarily on the exploration and evaluation of mineral resources. The company aims to identify and develop potential mining sites, contributing to the supply of minerals necessary for various industrial applications.
Current Market Cap: €4.94M
Learn more about ALY stock on TipRanks’ Stock Analysis page.