Nanoveu Ltd. (AU:NVU) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Nanoveu Limited has reported a net decrease in cash from operating activities, citing significant costs in staff and administration, with a total operating cash flow of negative $478,000 for the current quarter. However, the company successfully raised $600,000 through equity securities, offsetting operational losses and leading to a net increase in cash and cash equivalents by $75,000 for the same period.
For further insights into AU:NVU stock, check out TipRanks’ Stock Analysis page.