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How Novo Resources Cut Losses and Boosted Cash with San Cristobel Share Sale

8:31am on Wednesday 29th of October, 2025 AEDT Mining
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How Novo Resources Cut Losses and Boosted Cash with San Cristobel Share Sale

8:31am on Wednesday 29th of October, 2025 AEDT
Key Points
  • Net loss narrowed to CAD 9.7 million from CAD 17.9 million year-on-year
  • Operating cash outflows decreased to CAD 8.45 million
  • Cash and short-term investments stood at CAD 2.4 million at period end
  • Post-period sale of San Cristobel Mining shares generated USD 6.4 million
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