AuKing Mining Ltd (AU:AKN) has released an update.
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AuKing Mining Ltd has reported a challenging cash flow period, with a net cash outflow from operating activities amounting to $226,000 in the current quarter. However, the company bolstered its financial position with a $278,000 inflow from financing activities, reflecting efforts to stabilize finances amidst ongoing investments in exploration and evaluation projects.
For further insights into AU:AKN stock, check out TipRanks’ Stock Analysis page.