Lowell Resources Fund (AU:LRT) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lowell Resources Fund reported a decrease in its net asset value in November 2024, dropping to AUD $53.7 million from October’s AUD $56.6 million. The fund actively reshaped its portfolio, increasing investments in precious metals and uranium while divesting from certain other holdings. The fund also maintained a cash position of 18%, signaling strategic liquidity management amid market changes.
For further insights into AU:LRT stock, check out TipRanks’ Stock Analysis page.