Lotus Resources (LTSRD) Expected to Announce Quarterly Earnings on Tuesday

Lotus Resources (OTCMKTS:LTSRD – Get Free Report) is expected to be posting its results before the market opens on Tuesday, September 29th. Analysts expect the company to announce earnings of ($0.1124) per share and revenue of $52.1530 million for the quarter.

Lotus Resources Stock Down 0.4%

Shares of LTSRD opened at $0.19 on Friday. The company has a 50-day simple moving average of $0.22 and a 200-day simple moving average of $0.54. Lotus Resources has a 52 week low of $0.88 and a 52 week high of $2.30.

About Lotus Resources

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Lotus Resources Limited is an Australia-based uranium development company focused on advancing projects in Africa. The company’s primary asset is the Kayelekera Uranium Project in Malawi, which it is working to restart and develop as a producer of uranium oxide concentrate for the nuclear energy industry.

Kayelekera is a previously operating open-pit uranium mine in northern Malawi. Lotus acquired the project from Paladin Energy and has pursued refurbishment, financing, permitting and development activities aimed at returning the mine to production.

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