Lowell Resources Fund Reports NAV Growth and Strategic Investments

Lowell Resources Fund ( (AU:LRT) ) has provided an announcement.

In January 2025, Lowell Resources Fund reported a 3.5% increase in net asset value (NAV) per unit, rising from $1.2868 at the end of December 2024 to $1.3337 by the end of January 2025, with an overall estimated NAV of approximately AUD $55.2 million. The Fund strategically increased its investment in precious and base metals, acquiring more shares in various exploration companies and taking a new position in Maximus Resources, whilst also participating in a placement by unlisted explorer Rio de Oro Corp, highlighting its commitment to enhancing its commodity exposure.

More about Lowell Resources Fund

Lowell Resources Fund is a financial entity operating within the investment management industry, focusing primarily on resource-based investments. The Fund’s portfolio includes exposure to precious metals, base metals, and other resources, reflecting a diverse market focus on commodities and mining sectors.

YTD Price Performance: 0.45%

Average Trading Volume: 20,461

Technical Sentiment Consensus Rating: Buy

For detailed information about LRT stock, go to TipRanks’ Stock Analysis page.