Shares of Lotus Resources Limited (OTCMKTS:LTSRD – Get Free Report) shot up 11.1% during mid-day trading on Tuesday . The company traded as high as $0.21 and last traded at $0.2010. Approximately 169,673 shares changed hands during trading, an increase of 148% from the average session volume of 68,297 shares. The stock had previously closed at $0.1809.
Lotus Resources Stock Performance
The stock’s 50-day moving average price is $0.35 and its 200-day moving average price is $0.75.
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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