Shares of Lotus Resources Limited (OTCMKTS:LTSRD – Get Free Report) shot up 0.8% during mid-day trading on Tuesday . The company traded as high as $1.51 and last traded at $1.3825. 130,595 shares traded hands during mid-day trading, an increase of 91% from the average session volume of 68,297 shares. The stock had previously closed at $1.3720.
Lotus Resources Stock Up 0.8%
The company has a 50 day moving average of $1.57 and a 200-day moving average of $1.49.
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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