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Mont Royal Resources Ltd. ( (AU:MRZ) ) has issued an update.
Mont Royal Resources Ltd. reported a positive cash flow from operating activities of AUD 377,000 for the December 2024 quarter, primarily aided by government grants and tax incentives amounting to AUD 534,000. Despite these gains, the company experienced a cash outflow of AUD 307,000 in investing activities, mainly due to exploration and evaluation expenses, highlighting its ongoing commitment to resource development.
More about Mont Royal Resources Ltd.
Mont Royal Resources Ltd. operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources.
YTD Price Performance: -25.00%
Average Trading Volume: 79,755
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$2.55M
For a thorough assessment of MRZ stock, go to TipRanks’ Stock Analysis page.
