InvestSMART

MetalsGrove Mining Ltd (ASX:MGA)

ALERT: Price-sensitive ASX Announcement for MGA
Current share price for MGA : $0.105 0.046 (77.97%)+
Announcement
Release
23 Oct 2025 9:34AM
Price at Release
$0.059
Full Release
download
Summary
The quarterly cash flow report for MetalsGrove Mining Limited, for the quarter ending September 2025, shows a net cash outflow in operating activities of $308,000 and in investing activities of $44,000, with no financing activities. The cash and cash equivalents decreased from $1,385,000 to $1,033,000. The company estimates having enough funding for three more quarters. The report is prepared according to ASX Listing Rules and Australian Accounting Standards.
Key Points
  • The document is a quarterly cash flow report for MetalsGrove Mining Limited.
  • The report is for the quarter ended September 2025.
  • Net cash used in operating activities was $308,000.
  • Net cash used in investing activities was $44,000.
  • No financing activities were conducted during the quarter.
  • Cash and cash equivalents decreased from $1,385,000 to $1,033,000 by the end of the quarter.
  • Estimated quarters of funding available are 3, based on current cash and cash equivalents.
  • The report complies with ASX Listing Rules and Australian Accounting Standards.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.