Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Lotus Resources Limited ( (AU:LOT) ) just unveiled an update.
Lotus Resources Limited has announced the quotation of 383,122 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective May 19, 2025. This move, resulting from the exercise of options or conversion of other securities, is expected to enhance the company’s market presence and provide additional liquidity, potentially benefiting stakeholders by increasing the company’s capital base.
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 operates in the resources industry, focusing on the exploration and development of uranium projects. The company is primarily engaged in the production and supply of uranium, catering to the global energy market.
Average Trading Volume: 11,878,068
Technical Sentiment Signal: Sell
Current Market Cap: A$426.5M
For an in-depth examination of LOT stock, go to TipRanks’ Stock Analysis page.