Lowell Resources Fund (AU:LRT) has released an update.
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In March 2024, the Lowell Resources Fund (ASX: LRT) reported an increase in net asset value to AUD$49.7 million, with a per unit NAV increase of 0.8% from the previous month. The fund made strategic investments in various sectors, including a notable initial investment in uranium exploration company Aero Energy and further investments in precious metals and iron ore explorers. Despite these positive moves, the fund’s market price per unit closed at $1.315, remaining below the NAV per unit.
For further insights into AU:LRT stock, check out TipRanks’ Stock Analysis page.