Stavely Minerals Ltd Quarterly Cashflow Report for June 2026
Key points
- Net cash from operating activities was -$719,000 for the quarter
- Net cash from financing activities was $3,592,000 for the quarter
- Estimated cash available for future operating activities is $3,110,000
- Estimated quarters of funding available is 4.3
Full summary
Stavely Minerals Ltd released its Quarterly Cashflow Report for June 2026, detailing its financial performance and cash position. The report highlights that the company experienced a net cash outflow of $719,000 from operating activities during the quarter, primarily due to exploration and evaluation expenses and staff costs. However, the company saw a significant inflow of $3,592,000 from financing activities, including proceeds from equity securities and borrowings. The report also estimates that the company has sufficient cash reserves, totaling $3,110,000, to fund its operations for approximately 4.3 quarters, based on the current net operating cash flows.
Guidance
Net cash from operating activities: -$719,000 for the quarter
Outlook
Stavely Minerals Ltd expects to continue its operations and meet business objectives based on the estimated quarters of funding available.
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