Grounded Lithium (TSE:GRD) has released an update.
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Grounded Lithium Corp. has released its financial and operational results for the second quarter of 2024, showing a significant reduction in net comprehensive loss and cash flow used in operating activities compared to the previous year. The company, focused on lithium brine exploration and development in Southwest Saskatchewan, reports a strong operational position with a healthy working capital surplus and a promising updated Preliminary Economic Assessment projecting a $1.0 billion after-tax net present value.
For further insights into TSE:GRD stock, check out TipRanks’ Stock Analysis page.
