ioneer Limited (AU:INR) has released an update.
ioneer Ltd reported a decrease in cash flow from operating and investing activities, with net losses of $1,552,000 and $6,747,000 respectively for the current quarter. However, financing activities provided a significant boost, with a net increase of $24,337,000, largely due to proceeds from issues of equity securities. Overall, this resulted in a net increase in cash and cash equivalents for the period, indicating potential for growth despite operational costs.
For further insights into AU:INR stock, check out TipRanks’ Stock Analysis page.