Lowell Resources Fund (AU:LRT) has released an update.
Lowell Resources Fund reported a decrease in their estimated NAV from AUD$51.0m in May to AUD$46.6m in June 2024, with a pre-distribution NAV per unit finishing at $1.4344, down by 8.7%. The fund’s market capitalization was recorded at AUD$42.2m, with a unit market price of $1.30. Investment activities for the month included backing for the Ordell Minerals IPO, increased stakes in several mining and exploration companies, and an exit from Taruga Minerals.
For further insights into AU:LRT stock, check out TipRanks’ Stock Analysis page.
