Ragnar Metals Ltd Quarterly Cashflow Report
Key points
- Net cash used in operating activities: $120,000
- Net cash used in investing activities: $487,000
- Net cash from financing activities: $99,000
Full summary
Ragnar Metals Ltd's Quarterly Cash Flow Report for the quarter ending 30 June 2026 shows a net cash outflow of $120,000 from operating activities, primarily due to payments for exploration and evaluation. Investing activities resulted in a net cash outflow of $487,000, mainly from payments for exploration and evaluation. Financing activities provided a net cash inflow of $99,000, primarily from the exercise of options. The company expects to continue having negative operating cash flows as it is an exploration company not generating revenue. It has the ability to sell shares in its investment portfolio to raise further cash.
Guidance
Net cash used in operating activities: $120,000; Net cash used in investing activities: $487,000; Net cash from financing activities: $99,000
Outlook
The company expects to continue having negative operating cash flows as it is an exploration company not generating revenue. It plans to sell shares in its investment portfolio to raise further cash.
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