Lotus Resources Limited (OTCMKTS:LTSRD – Get Free Report)’s stock price dropped 6.2% on Wednesday . The stock traded as low as $1.15 and last traded at $1.22. Approximately 157,206 shares were traded during trading, an increase of 130% from the average daily volume of 68,297 shares. The stock had previously closed at $1.30.
Lotus Resources Stock Down 6.2%
The business’s 50-day moving average price is $1.61 and its 200-day moving average price is $1.51.
Lotus Resources Company Profile
Lotus Resources Ltd. is a mineral exploration and development company specializing in uranium and strategic mineral assets. The company’s primary focus is on restarting production at its Kayelekera Uranium Project in Malawi, which previously operated from 2009 to 2014. In addition to uranium, Lotus Resources holds exploration licences for heavy mineral sands and rare earth elements, reflecting its commitment to serving the global nuclear energy and critical minerals markets.
The Kayelekera project serves as Lotus Resources’ flagship operation.
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