Westar Resources Ltd. (AU:WSR) has released an update.
Westar Resources Ltd. reported negative cash flows in its latest quarterly report, with no receipts from customers and significant payments for exploration, staff, and administrative costs. The mining and exploration company’s cash reserves have decreased over the past nine months due to ongoing operational and investment expenditures. Their financial position reflects the challenges of funding exploration activities without current revenue streams.
For further insights into AU:WSR stock, check out TipRanks’ Stock Analysis page.
