Auric Mining Ltd. (AU:AWJ) has released an update.
Auric Mining Ltd. reported a strong half-year financial performance with a net operating profit of $411,944 and an adjusted profit of $1,362,807 upon excluding share-based payments. They highlighted a robust balance sheet, evidenced by net current assets totaling $6,422,853, after investing $1,245,039 in exploration and development. The company’s self-funding status for 2024 is bolstered by successful mining activities and a promising pipeline of projects.
For further insights into AU:AWJ stock, check out TipRanks’ Stock Analysis page.