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The latest update is out from Lefroy Exploration Ltd. ( (AU:LEX) ).
Lefroy Exploration Limited has released its quarterly cash flow report for the period ending December 31, 2024. The report indicates a net cash outflow from operating activities amounting to $321,000 for the current quarter, with year-to-date outflows totaling $674,000. The company has also reported a net cash outflow from investing activities of $541,000 for the quarter, largely due to capitalized exploration and evaluation expenses. However, financing activities provided a positive net cash inflow of $2,757,000, attributed to proceeds from equity securities issuance, which helped offset the operating and investing cash outflows. The overall cash position at the end of the period shows an increase, highlighting successful financing efforts despite operational and investment challenges.
More about Lefroy Exploration Ltd.
YTD Price Performance: 1.43%
Average Trading Volume: 138,799
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$17.12M
Find detailed analytics on LEX stock on TipRanks’ Stock Analysis page.
