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Hexima Ltd ( (AU:HXL) ) has shared an announcement.
Hexima Limited reported a cash balance of $1.54 million at the end of the quarter ending June 30, 2025, with net cash usage of $18,000 in operating activities. The report highlights ongoing compliance costs and professional fees as primary expenditures, reflecting the company’s efforts to manage its financial resources effectively. This financial update indicates Hexima’s continued evaluation of strategies to benefit shareholders, although it suggests limited operational activity during the quarter.
More about Hexima Ltd
Hexima Limited is a company listed on the Australian Securities Exchange (ASX) that operates in the biotechnology industry. The company focuses on developing and commercializing plant-derived proteins and peptides for agricultural and pharmaceutical applications.
Technical Sentiment Signal: Hold
Current Market Cap: A$2.17M
For a thorough assessment of HXL stock, go to TipRanks’ Stock Analysis page.