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An update from Challenger Exploration Limited ( (AU:CEL) ) is now available.
Challenger Exploration Limited reported its quarterly cash flow results, highlighting a net cash outflow from operating activities of $1.225 million and a significant outflow from investing activities of $4.449 million. The company raised $7.508 million from equity securities, which contributed to a positive cash flow from financing activities, indicating a strategic focus on securing capital for ongoing exploration and development efforts.
More about Challenger Exploration Limited
Challenger Exploration Limited operates in the mining exploration industry, focusing primarily on gold exploration. The company is involved in the development and evaluation of mining tenements and related assets.
Average Trading Volume: 3,773,390
Technical Sentiment Signal: Buy
Current Market Cap: A$293.8M
For detailed information about CEL stock, go to TipRanks’ Stock Analysis page.