Lotus Resources Announces Change of Registered Office

Lotus Resources Limited ( (AU:LOT) ) has issued an update.

Lotus Resources Limited has announced a change in its registered office and principal place of business to Level 4, 225 St Georges Terrace, Perth, WA. This relocation is part of the company’s strategic operations, potentially enhancing its business functions and stakeholder engagement. The move aligns with Lotus’s focus on future growth and operational efficiency in the uranium sector.

The most recent analyst rating on (AU:LOT) stock is a Buy with a A$0.54 price target. To see the full list of analyst forecasts on Lotus Resources Limited stock, see the AU:LOT Stock Forecast page.

More about Lotus Resources Limited

Lotus Resources Limited is a prominent player in the uranium industry, focusing on advanced projects in Africa. The company holds an 85% interest in the Kayelekera Uranium Project in Malawi and full ownership of the Letlhakane Uranium Project in Botswana. Lotus is committed to creating value for shareholders and local communities, with a significant mineral resource inventory and a positive restart study for its Kayelekera project.

Average Trading Volume: 13,443,773

Technical Sentiment Signal: Sell

Current Market Cap: A$485.8M

For a thorough assessment of LOT stock, go to TipRanks’ Stock Analysis page.