NickelSearch Ltd. (AU:NIS) has released an update.
NickelSearch Limited has disclosed its quarterly cash flow report for the period ending June 30, 2024, showing net operating cash use of $424,000 for the quarter and a year-to-date deficit of $1,292,000. Investment activities resulted in a cash outflow of $337,000 for the quarter, deepening the annual investment cash deficit to $2,371,000. However, financing activities provided a cash influx of $3,448,000 over the twelve-month period, helping offset the cash used in operations and investments.
For further insights into AU:NIS stock, check out TipRanks’ Stock Analysis page.
