North Stawell Minerals, Ltd. (AU:NSM) has released an update.
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North Stawell Minerals Ltd reported a net cash outflow from operating activities of $218.5k and a net cash outflow from investing activities of $80.2k for the quarter ending September 2024. However, the company bolstered its finances with a net cash inflow of $241.4k from financing activities, primarily through equity securities and borrowings. This financial maneuvering highlights the company’s strategy to maintain liquidity while continuing its exploration and development efforts.
For further insights into AU:NSM stock, check out TipRanks’ Stock Analysis page.