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Diablo Resources Limited ( (AU:DBO) ) has issued an update.
Diablo Resources Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $14,000 and investing activities of $488,000, primarily due to exploration and evaluation expenses. The company raised $448,000 through financing activities, which included proceeds from equity securities and borrowings, resulting in a net increase in cash and cash equivalents for the period.
More about Diablo Resources Limited
Diablo Resources Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is involved in activities related to mining tenements and aims to advance its projects through strategic investments and exploration efforts.
Average Trading Volume: 4,698,744
Technical Sentiment Signal: Sell
Current Market Cap: A$5.9M
For detailed information about DBO stock, go to TipRanks’ Stock Analysis page.