Boadicea Resources Reports Cash Flow Decline in Q3

Boadicea Resources Ltd. (AU:BOA) has released an update.

Boadicea Resources Ltd reported a decrease in cash flow for the quarter ending September 2024, with negative cash flows from both operating and investing activities totaling $288,000. Despite receiving interest income, the company faced expenses related to staff, administration, and exploration, impacting its financial standing. The cash balance at the end of the period stood at $1.934 million, indicating careful financial management amid challenging conditions.

For further insights into AU:BOA stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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