Lotus Resources (OTCMKTS:LTSRD) Shares Up 11.1% – Still a Buy?

Lotus Resources Limited (OTCMKTS:LTSRDGet Free Report)’s share price rose 11.1% during mid-day trading on Tuesday . The company traded as high as $0.21 and last traded at $0.2010. 169,673 shares traded hands during mid-day 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 simple moving average is $0.35 and its two-hundred day simple moving average is $0.75.

Lotus Resources Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Lotus Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lotus Resources and related companies with MarketBeat.com's FREE daily email newsletter.