Lotus Resources (OTCMKTS:LTSRD – Get Free Report) will likely be releasing its results before the market opens on Tuesday, September 29th. Analysts expect Lotus Resources to announce earnings of ($0.1124) per share and revenue of $52.1530 million for the quarter.
Lotus Resources Stock Performance
Shares of LTSRD opened at $0.19 on Monday. The firm has a 50 day simple moving average of $0.22 and a two-hundred day simple moving average of $0.54. Lotus Resources has a one year low of $0.88 and a one year high of $2.30.
About Lotus Resources
Lotus Resources Limited is an Australia-based uranium development company focused on advancing projects in Africa. The company’s primary asset is the Kayelekera Uranium Project in Malawi, which it is working to restart and develop as a producer of uranium oxide concentrate for the nuclear energy industry.
Kayelekera is a previously operating open-pit uranium mine in northern Malawi. Lotus acquired the project from Paladin Energy and has pursued refurbishment, financing, permitting and development activities aimed at returning the mine to production.
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