Lowell Resources Fund Posts Surge in Profit as Gold and Resource Plays Drive NAV Higher

An update from Lowell Resources Fund ( (AU:LRT) ) is now available.

Lowell Resources Fund reported a sharp turnaround for the half year to 31 December 2025, with revenue from operations surging to $50.46 million and profit rising to $46.2 million, driving earnings per unit to $1.111 and lifting net assets attributable to unitholders to $118.65 million. Net asset value per security more than doubled year-on-year, and underlying NAV rose 63.34% over six months, extending a 10-year track record of 23.9% annualised growth and consistent outperformance of key Australian resource and broader equity benchmarks.

Performance was underpinned by strong precious metals markets, particularly a near 30% rise in the gold price, with the fund holding 53% of its portfolio in gold equities alongside positions in platinum group metals, copper, uranium, and select minor metals. Unitholders approved changes to the manager’s remuneration, including tying performance fees to the S&P/ASX Small Resources Accumulation Index, while the portfolio’s sector tilts, such as reduced oil and gas exposure and increased copper and manganese plays, position the fund to benefit from evolving commodity and macroeconomic trends.

The most recent analyst rating on (AU:LRT) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Lowell Resources Fund stock, see the AU:LRT Stock Forecast page.

More about Lowell Resources Fund

Lowell Resources Fund is an ASX-listed, long-only, ungeared investment fund focused on emerging resources equities, with a pronounced overweight to gold explorers and developers. The fund allocates across precious metals, energy, and base and minor metals, and benchmarks performance against indices such as the S&P/ASX Small Resources Accumulation Index.

Average Trading Volume: 49,999

Technical Sentiment Signal: Strong Buy

Learn more about LRT stock on TipRanks’ Stock Analysis page.