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An update from Lotus Resources Limited ( (AU:LOT) ) is now available.
Lotus Resources Limited has announced a change in the director’s interest, specifically regarding Gregory Bittar’s indirect holdings. The change involves the acquisition of 2,551,840 unlisted options and 394,736 ordinary fully paid shares through Gernie Invts Pty Ltd. This move reflects a strategic adjustment in the director’s investment portfolio, potentially indicating confidence in the company’s future prospects and aligning with its market focus on uranium development.
The most recent analyst rating on (AU:LOT) stock is a Buy with a A$0.25 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 operates in the resources sector, focusing primarily on the exploration and development of uranium projects. The company’s market focus is on leveraging its assets to capitalize on the growing demand for uranium, driven by the global shift towards clean energy solutions.
Average Trading Volume: 20,642,835
Technical Sentiment Signal: Sell
Current Market Cap: A$448.1M
For an in-depth examination of LOT stock, go to TipRanks’ Overview page.