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The latest update is out from Lotus Resources Limited ( (AU:LOT) ).
Lotus Resources Limited has successfully issued 1,210,524 fully paid ordinary shares at A$0.19 each as part of a Director Share Placement. This move, approved by shareholders, aligns with the company’s strategic financial activities and complies with relevant regulatory requirements, potentially enhancing its market position.
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 mining industry, focusing on the exploration and development of mineral resources.
Average Trading Volume: 20,642,835
Technical Sentiment Signal: Sell
Current Market Cap: A$448.1M
Find detailed analytics on LOT stock on TipRanks’ Stock Analysis page.