Lotus Resources Limited (OTCMKTS:LTSRD – Get Free Report)’s stock price dropped 2.3% during trading on Friday . The stock traded as low as $0.4398 and last traded at $0.4398. Approximately 4,850 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 68,297 shares. The stock had previously closed at $0.45.
Lotus Resources Stock Down 2.3%
The company’s 50 day moving average price is $0.78 and its 200 day moving average price is $1.21.
About Lotus Resources
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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