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The latest announcement is out from Tombador Iron Ltd. ( (AU:TI1) ).
Tombador Iron Ltd.’s quarterly cash flow report indicates a net cash outflow from operating activities amounting to $317,000 for the current quarter. Despite the lack of cash inflow from operating and investing activities, the company generated $2,676,000 from investing activities over the past year, indicating a strategic shift in asset management, potentially impacting stakeholders with a focus on stabilizing cash flow and optimizing resource allocation.
More about Tombador Iron Ltd.
Tombador Iron Ltd. operates in the mining industry, focusing on the exploration and evaluation of mineral resources, with a primary emphasis on iron ore production.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$30.22M
See more data about TI1 stock on TipRanks’ Stock Analysis page.
