Lotus Resources (OTCMKTS:LTSRF) Shares Down 6.2% – Here’s Why

Lotus Resources Limited (OTCMKTS:LTSRFGet Free Report) traded down 6.2% during mid-day trading on Friday . The company traded as low as $0.12 and last traded at $0.12. 1,638 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 314,764 shares. The stock had previously closed at $0.13.

Lotus Resources Trading Down 6.2 %

The business has a 50-day moving average price of $0.13 and a 200-day moving average price of $0.15.

About Lotus Resources

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Lotus Resources Limited engages in the exploration, evaluation, and development of uranium properties in Africa. It primarily owns an 85% interest in the Kayelekera uranium project located in Malawi; and holds a 100% interest in the Letlhakane uranium project situated in Botswana. The company was formerly known as Hylea Metals Limited and changed its name to Lotus Resources Limited in August 2019.

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