Australia's Azure Minerals falls on swing to HY loss

Azure Minerals

14/03/2024 04:50

** Shares of Azure Minerals  AZS.AX  down as much as 0.6% at
A$3.620
    ** Stock set for worst day since Feb. 28 if losses hold     
    ** Precious metals miner reports a half-year operating loss
of A$29.9 mln ($19.77 mln), vs a profit of A$346,285 last year
    ** Posts half-year net cash outflow from operating
activities at A$28.8 mln, vs A$8.7 mln a year earlier
    ** Stock set for losses after three straight sessions of
gains if trend holds
    ** AZS down 1.6% YTD, as of last close

($1 = 1.5124 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))