Lotus Resources Ltd (ASX: LOT) Share Price and News
Price
$0.165
Movement
0.01 (+6.45%)
as at 11 Apr - Closed (20 mins delayed)
52 Week Range
$0.13 - $0.4925
1 Year Return
-61.18%
Lotus Resources Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$389.84 million
P/E Ratio
N/A
Dividend Yield
0.00%
Shares Outstanding
2.36 billion
Earnings per share
-0.016
Dividend per share
N/A
Year To Date Return
-22.50%
Earnings Yield
N/A
Franking
-
Share Price
$0.165
Day Change
0.01 (+6.45%)
52 Week Range
$0.13 - $0.4925
Yesterday's Close
$0.155
Today's Open
$0.15
Days Range
$0.1475 - $0.165
Volume
11,742,969
Avg. Volume (1 month)
13,875,024
Turnover
$1,855,989
as at 11 Apr - Closed
Lotus Resources Ltd (ASX: LOT)
Latest News
Energy Shares
Why this speculative ASX stock could rocket 90%+
Share Market News
Why Core Lithium, Lotus Resources, Nickel Industries, and Regal Partners shares are rising today
Energy Shares
Guess which ASX uranium stock is racing higher on huge news
Share Market News
3 ASX 300 energy shares racing higher on strong quarterlies
Energy Shares
Why did this ASX 300 energy stock just crash 22%?
Broker Notes
Leading brokers name 3 ASX shares to buy today
Energy Shares
Why Paladin Energy and these ASX uranium stocks are rocketing
Share Gainers
Why EBR Systems, Lotus Resources, Lovisa, and Tuas shares are charging higher
Share Market News
These are the 10 most shorted ASX shares
Share Fallers
Why Fortescue, Lotus Resources, Newmont, and Reece shares are sinking today
Energy Shares
This ASX 300 energy stock was up 50% since early September, but it's just crashed. Here's why
Energy Shares
Up 30% in a month, here's why Lotus Resources shares have just been halted
Frequently Asked Questions
-
No, Lotus Resources does not pay shareholder dividends at this time.
-
Lotus Resources Ltd listed on the ASX on 18 February 2009.
LOT ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| 7th Apr 2025 2025-04-07T08:19:54 | Lotus Signs Further Offtake With North American Utility | YesNo | 8:19am | 4 | 357k |
| 3rd Apr 2025 2025-04-03T08:17:03 | Change of Director's Interest Notice - G Bittar | YesNo | 8:17am | 4 | 192k |
| 1st Apr 2025 2025-04-01T08:17:30 | Lotus Signs Key Agreements for Power Grid Connection | YesNo | 8:17am | 4 | 387k |
| 1st Apr 2025 2025-04-01T08:17:20 | Final Director's Interest Notice - G Davey | YesNo | 8:17am | 2 | 151k |
| 31st Mar 2025 2025-03-31T19:57:06 | Notification of cessation of securities - LOT | YesNo | 7:57pm | 6 | 17k |
| 31st Mar 2025 2025-03-31T18:33:26 | Notification regarding unquoted securities - LOT | YesNo | 6:33pm | 6 | 17k |
| 19th Mar 2025 2025-03-19T08:17:12 | Investor Presentation - March 2025 | YesNo | 8:17am | 28 | 4.3M |
| 17th Mar 2025 2025-03-17T08:47:13 | Binding Uranium Offtake Agreements | YesNo | 8:47am | 4 | 359k |
| 12th Mar 2025 2025-03-12T19:36:06 | Updated Letlhakane Scoping Study - Correction | YesNo | 7:36pm | 27 | 1.3M |
| 12th Mar 2025 2025-03-12T08:14:03 | Updated Letlhakane Scoping Study | YesNo | 8:14am | 26 | 1.1M |
About Lotus Resources Ltd
Lotus Resources Ltd (ASX: LOT) is an Australian resources company with interests in Malawi, Africa. It owns an 85% stake in the Kayelekera Uranium Project located in northern Malawi. Kayelekera is currently under care and maintenance although produced approximately 11 million pounds of uranium before it closed in 2014 due to sustained low uranium prices.
Lotus released a Re-Start Definitive Feasibility Study in August 2022 that found Kayelekera ranks as one of the lowest capital cost (US$88m) uranium projects globally. The study found it also has the ability to quickly recommence production (around 15 months) once a Final Investment Decision (FID) is made on the project.
In July 2023, Lotus Resources announced a merger with ACAP Energy (ASX: ACB) to create a leading African-focused uranium player. The merger combines Kayelekera with a prospective growth asset, Letlhakane, located in Botswana, Africa.
LOT Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 11 Apr 2025 | $0.17 | $0.01 | 6.45% | 11,742,969 | $0.15 | $0.17 | $0.15 |
| 10 Apr 2025 | $0.16 | $0.02 | 14.29% | 7,586,403 | $0.16 | $0.16 | $0.15 |
| 09 Apr 2025 | $0.14 | $0.00 | 0.00% | 10,100,299 | $0.14 | $0.14 | $0.13 |
| 08 Apr 2025 | $0.15 | $0.00 | 0.00% | 8,575,726 | $0.14 | $0.16 | $0.14 |
| 07 Apr 2025 | $0.14 | $-0.01 | -6.67% | 15,478,716 | $0.14 | $0.15 | $0.13 |
| 04 Apr 2025 | $0.15 | $0.01 | 6.90% | 16,259,381 | $0.15 | $0.16 | $0.14 |
| 03 Apr 2025 | $0.15 | $-0.02 | -12.50% | 18,309,406 | $0.16 | $0.16 | $0.15 |
| 02 Apr 2025 | $0.16 | $-0.02 | -11.11% | 18,357,396 | $0.18 | $0.18 | $0.16 |
| 01 Apr 2025 | $0.18 | $0.01 | 5.71% | 17,502,258 | $0.18 | $0.18 | $0.17 |
| 31 Mar 2025 | $0.18 | $0.01 | 6.06% | 56,505,827 | $0.16 | $0.18 | $0.16 |
| 28 Mar 2025 | $0.17 | $-0.01 | -5.88% | 9,472,734 | $0.17 | $0.17 | $0.16 |
| 27 Mar 2025 | $0.17 | $0.00 | 0.00% | 7,768,325 | $0.18 | $0.18 | $0.17 |
| 26 Mar 2025 | $0.18 | $-0.01 | -5.41% | 9,986,357 | $0.19 | $0.19 | $0.18 |
| 25 Mar 2025 | $0.19 | $-0.01 | -5.13% | 8,382,155 | $0.20 | $0.20 | $0.18 |
| 24 Mar 2025 | $0.20 | $-0.01 | -5.00% | 8,218,657 | $0.20 | $0.20 | $0.19 |
| 21 Mar 2025 | $0.20 | $0.00 | 0.00% | 19,292,845 | $0.20 | $0.21 | $0.19 |
| 20 Mar 2025 | $0.20 | $0.02 | 10.81% | 21,609,779 | $0.19 | $0.21 | $0.19 |
| 19 Mar 2025 | $0.19 | $0.02 | 11.76% | 16,926,189 | $0.17 | $0.19 | $0.17 |
| 18 Mar 2025 | $0.17 | $0.00 | 0.00% | 8,487,785 | $0.18 | $0.19 | $0.17 |
| 17 Mar 2025 | $0.18 | $0.00 | 0.00% | 7,442,937 | $0.17 | $0.18 | $0.17 |
| 14 Mar 2025 | $0.17 | $0.00 | 0.00% | 13,682,474 | $0.17 | $0.18 | $0.17 |
| 13 Mar 2025 | $0.17 | $0.00 | 0.00% | 2,384,335 | $0.18 | $0.18 | $0.17 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 02 Apr 2025 | Gregory Bittar | Buy | 250,000 | $39,666 |
On-market trade.
|
| 21 Nov 2024 | Grant Davey | Buy | 120,000 | $30,000 |
Participation in share purchase plan.
|
| 21 Nov 2024 | Michael Bowen | Buy | 120,000 | $30,000 |
Participation in share purchase plan.
|
| 03 Sep 2024 | Keith Bowes | Expiry | 1,034,582 | $232,780 |
Options expired.
|
| 12 Jul 2024 | Keith Bowes | Buy | 550,800 | $201,042 |
Exercise of options.
|
| 12 Jul 2024 | Keith Bowes | Exercise | 550,800 | $201,042 |
Exercise of options.
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr Michael Phillip Bowen | Non-Executive ChairmanNon-Executive Director | Feb 2021 |
Mr Bowen is a partner of the national law firm, Thomson Geer Lawyers. He practices primarily corporate, commercial and securities law with experience and emphasis on mergers, acquisitions, capital raisings and resources.
|
| Mr Timothy (Mark) Marcus Stephen Hanlon | Non-Executive Director | Feb 2021 |
Mr Hanlon has over fifteen years of experience in the resources and resource services sector, as well as over ten years' experience in commercial and merchant banking. He has a background of senior executive experience across a range of industries including mining, mining services, electricity distribution, electronics contract manufacturing, paper and packaging and insurance. Mr Hanlon is currently a Non-Executive Director with ASX listed company Red River Resources Limited where he also chairs the audit and risk committee. He is also Non-Executive Chair of ASX listed company, Copper Strike Limited.
|
| Ms Leanne Heywood | Non-Executive Director | Feb 2025 |
Ms Heywood is a non-executive director, audit and risk committee, and people and remuneration committee chair, with general management experience through an international career in the mining sector, including 10 years with the Rio Tinto Copper Group. Her experience includes strategic marketing, business finance and compliance and she has led organisational restructures, mergers, acquisitions and disposals at both the executive and board level. Additionally, she has experience in cross-cultural negotiations and stakeholder relationships management, including governments and investment partners and leadership expertise in China, Japan, Mongolia, Singapore and South America. Ms Heywood currently serves as a non-executive director and the audit and risk committee chair for Arcadium Lithium PLC (NYSE:LTHM), a global lithium chemicals producer, and Midway Ltd (ASX: MWY), a wood fibre processor and exporter (both subject to Schemes of Arrangement). She is also a Non-Executive Director of MAC Copper Limited (ASX: MAC), formerly Metals Acquisition Ltd.
|
| Mr Gregory John Bittar | Chief Executive OfficerManaging Director | Aug 2024 |
--
|
| Mr Simon Hay | Non-Executive Director | Feb 2025 |
Mr Hay has management and technical experience over a career spanning 30 years in Australia and internationally. He is currently Executive Chairman of Leo Lithium Ltd (ASX:LLL). Mr Hay was formerly non-executive Chair of Battery Future Acquisition Corp. From July 2019 to November 2021, he was CEO of Galaxy Resources. Prior to this, as Head of Resource Development for Iluka Resources Limited, Mr Hay was responsible for exploration and geology, mine planning and development, major projects and engineering, technology, and innovation functions for Ilukas portfolio of projects.
|
| Ms Dixie Ina Marshall | Non-Executive Director | Apr 2022 |
Ms Marshall has 40 years of experience in strategic communications and government relations; this includes crisis communications, editorial media, advocacy, reputation, stakeholder engagement, marketing, and policy development. She has held senior leadership roles in government, media, sport, and advertising. She is Chair of Environment, Social and Governance Committee.
|
| Mr Hayden Bartrop | Company SecretaryChief Commercial Officer | Oct 2024 |
-
|
| Ms Amanda Jane Burgess | Joint Company Secretary | Jan 2019 |
-
|
| Michael Ball | Chief Financial Officer |
-
|
|
| Michael da Costa | Chief Operations Officer |
-
|
|
| Hayden Bartrop | Company SecretaryChief Commercial Officer |
-
|
|
| Amanda Jane Burgess | Joint Company Secretary |
-
|
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 268,863,214 | 14.68% |
| Citicorp Nominees Pty Limited | 217,637,841 | 11.88% |
| BNP Paribas Nominees Pty Ltd <Clearstream> | 144,790,911 | 7.90% |
| Davey Holdings (Aus) Pty Ltd | 116,745,571 | 6.37% |
| J P Morgan Nominees Australia Pty Limited | 97,516,098 | 5.32% |
| BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient> | 91,595,452 | 5.00% |
| BNP Paribas Noms Pty Ltd | 62,503,913 | 3.41% |
| Desertfox Pty Ltd | 46,954,438 | 2.56% |
| Washington H Soul Pattinson And Company Limited | 34,000,000 | 1.86% |
| Sandhurst Trustees Ltd <Jmfg Consol A/C> | 27,478,985 | 1.50% |
| Davey Holdings (Aus) Pty Ltd i | 21,740,000 | 1.19% |
| Mrs Pamela Julian Sargood | 19,750,000 | 1.08% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 18,819,799 | 1.03% |
| Taurus Corporate Services Pty Ltd | 18,100,000 | 0.99% |
| HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> | 17,640,491 | 0.96% |
| Rl Holdings Pty Ltd <Airlie A/C> | 17,250,000 | 0.94% |
| Netwealth Investments Limited <Wrap Services A/C> | 12,458,252 | 0.68% |
| Netwealth Investments Limited <Super Services A/C> | 12,393,280 | 0.68% |
| Davey Management (Aus) Pty Ltd <Davey Family S/F A/C> | 11,612,887 | 0.63% |
| UBS Nominees Pty Ltd | 11,376,559 | 0.62% |