Victory Metals Reports Cash Position Decline in June Quarter
MT Newswires Live
Jul 24
Victory Metals (ASX:VTM) ended the June quarter with available cash of about AU$11.2 million, according to a Friday filing with the Australian bourse.
The company had available cash of about AU$12.6 million as of March 31, a previous filing showed.
During the June quarter, Victory Metals incurred exploration expenditure of about AU$1 million, primarily related to exploration and metallurgical activities at its North Stanmore rare earth elements project in Western Australia.
The company's shares fell 2% in recent Friday trade.
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