Eastern Resources Limited (AU:EFE) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Eastern Resources Limited reported a cash decrease in the latest quarter, with net cash used in operating activities totaling $134,000 and investing activities consuming $211,000. The company’s cash reserves started at $4.314 million but were impacted by expenses in exploration and staff costs, highlighting a cautious approach in their financial management amidst ongoing projects.
For further insights into AU:EFE stock, check out TipRanks’ Stock Analysis page.