Shares of Lotus Resources Limited (OTCMKTS:LTSRF – Get Free Report) shot up 8.3% on Monday . The stock traded as high as $2.18 and last traded at $2.0690. 20,348 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 915,321 shares. The stock had previously closed at $1.91.
Lotus Resources Price Performance
The business’s fifty day moving average price is $0.16 and its 200 day moving average price is $0.14.
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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