An announcement from Genmin Ltd. ( (AU:GEN) ) is now available.
Genmin Limited’s quarterly cash flow report for the period ending March 31, 2025, reveals a net cash outflow from operating activities amounting to $1.494 million, primarily due to pre-development and staff costs. The company also reported a net cash outflow from investing activities of $472,000, while financing activities provided a net cash inflow of $1.544 million, largely from borrowings. Overall, the company’s cash and cash equivalents decreased to $1.975 million by the end of the quarter, reflecting the ongoing financial management and strategic positioning in the mining exploration sector.
More about Genmin Ltd.
Genmin Limited operates in the mining exploration industry, focusing on the exploration and evaluation of mineral resources. The company is involved in activities related to the development and potential production of mining projects.
YTD Price Performance: -25.00%
Average Trading Volume: 644,825
Technical Sentiment Signal: Buy
Current Market Cap: A$27.06M
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