The latest update is out from Northern Minerals Limited ( (AU:NTU) ).
Northern Minerals Limited reported a net loss of $15 million for the half-year ending December 31, 2024, compared to a $14.2 million loss in the previous year. The company raised $41.5 million through a placement to investors and an additional $3.85 million via a Share Purchase Plan, indicating a strategic focus on securing financial resources to support its ongoing exploration and feasibility studies.
More about Northern Minerals Limited
Northern Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of critical minerals. The company is involved in resource definition drilling, mine design, and advanced engineering design works, with a market focus on institutional and sophisticated investors.
YTD Price Performance: -12.00%
Average Trading Volume: 15,583
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $95.13M
Find detailed analytics on NTU stock on TipRanks’ Stock Analysis page.