Charger Metals NL ( (AU:CHR) ) just unveiled an update.
Charger Metals NL reported its quarterly cash flow, indicating a net cash outflow from operating activities amounting to $182,000 for the current quarter and $920,000 for the year to date. The company also experienced a net cash outflow from investing activities, primarily due to exploration and evaluation expenses, totaling $517,000 for the quarter. Despite these outflows, Charger Metals NL secured $774,000 from financing activities, which helped mitigate the overall cash decrease. These financial movements reflect the company’s ongoing investment in its exploration projects and its reliance on financing to support operations.
More about Charger Metals NL
Charger Metals NL is a company operating in the mining exploration industry, focusing primarily on the exploration and evaluation of mineral resources. The company is engaged in activities related to the acquisition and development of tenements, which are crucial for its exploration projects.
YTD Price Performance: -38.57%
Average Trading Volume: 136,009
Technical Sentiment Signal: Buy
Current Market Cap: A$4.99M
For detailed information about CHR stock, go to TipRanks’ Stock Analysis page.