Egdon Resources provided a quarterly update suggesting the company's financial strength is continuing to grow. The company indicated that it generated strong revenues of £2.23M in the period from February to April and that having paid off £1.0M of debt in May and £0.4M of deferred consideration in March, the company is now completely free of financial debt.

26 May 2022
WH Ireland: Egdon Resources (EDR) - Quarterly Update – Stronger than Expected Revenues


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WH Ireland: Egdon Resources (EDR) - Quarterly Update – Stronger than Expected Revenues
Egdon Resources PLC (EDR:LON) | 4.0 0 1.2% | Mkt Cap: 21.0m
- Published:
26 May 2022 -
Author:
Brendan Long -
Pages:
4 -
Egdon Resources provided a quarterly update suggesting the company's financial strength is continuing to grow. The company indicated that it generated strong revenues of £2.23M in the period from February to April and that having paid off £1.0M of debt in May and £0.4M of deferred consideration in March, the company is now completely free of financial debt.