Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Develop Global Limited ( (AU:DVP) ) has provided an update.
Develop Global Limited reported a net positive cash flow from operating activities of $10.947 million for the current quarter, indicating solid operational performance despite substantial cash outflows in investing activities. The company also secured significant funding through borrowings amounting to $102.397 million, which has helped bolster its financial position amidst ongoing investments in property, plant, and equipment.
More about Develop Global Limited
Develop Global Limited operates in the mining exploration and oil and gas exploration sectors, focusing on activities such as exploration, development, and evaluation of mineral resources and energy assets.
YTD Price Performance: 7.43%
Average Trading Volume: 227
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $413.9M
For a thorough assessment of DVP stock, go to TipRanks’ Stock Analysis page.
