Lotus Resources Limited (ASX:LOT) Insider Buys A$39,750.00 in Stock

Lotus Resources Limited (ASX:LOT) insider Gregory Bittar purchased 250,000 shares of Lotus Resources stock in a transaction that occurred on Wednesday, April 2nd. The stock was purchased at an average cost of A$0.16 ($0.10) per share, for a total transaction of A$39,750.00 ($23,802.40).

Lotus Resources Stock Performance

The firm has a market cap of $526.46 million, a P/E ratio of -15.32 and a beta of 1.58.

About Lotus Resources

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.