Lotus Resources Ltd (ASX: LOT) Share Price and News





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Lotus Resources Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $517.36 million
P/E Ratio N/A
Dividend Yield 0.00%
Shares Outstanding 1.72 billion
Earnings per share -0.011
Dividend per share N/A
Year To Date Return 51.22%
Earnings Yield N/A
Franking -
Share Price

Day Change

52 Week Range


Yesterday's Close

Today's Open

Days Range



Avg. Volume (1 month)


as at 24 Feb 3:44pm

  • Lotus Resources Ltd (ASX: LOT)
    Latest News

    a group of people jump for joy and dance around celebrating good news.
    52-Week Highs

    6 ASX All Ords sharing cracking new 52-week highs on Tuesday

    Do you own any of these lucky shares?

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    A man wearing glasses and a white t-shirt pumps his fists in the air looking excited and happy about the rising OBX share price
    Share Gainers

    2 ASX All Ords shares booming over 16% on Wednesday

    These shares caught the eye of investors on Wednesday and raced materially higher.

    Read more »

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    Share Gainers

    Why are ASX uranium shares charging higher today?

    Let's find out.

    Read more »

    A notebook saying 'what will happen in 2022', with glasses and a mug of coffee.
    Resources Shares

    Here's what the year ahead might look like for ASX uranium shares

    Industry experts are in two minds about what 2022 could look like for uranium...

    Read more »

    A miner in hardhat and high visibility clothing makes a thumbs up symbol against a blue sky.
    Share Gainers

    ASX uranium shares are surging this week. Here's why

    A bullish overnight performance for uranium and rising spot prices are driving up these ASX-listed players

    Read more »

    Resources Shares

    Here's why ASX uranium shares are booming double digits across the board on Wednesday

    ASX uranium shares are running to the moon this morning.

    Read more »

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    Share Gainers

    Why ASX uranium shares are bouncing back on Friday

    It's been a good start to the day for many ASX uranium shares...

    Read more »

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    Share Gainers

    Lotus Resources (ASX:LOT) share price plunges 5% but is still up 26% this week

    The minerals exploration company's shares are on the move again today. Here are the details

    Read more »

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    Share Market News

    Lotus Resources (ASX:LOT) share price jumps on rare earths update

    The company is ramping up efforts for its rare earths development...

    Read more »

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    Resources Shares

    The Lotus Resources (ASX:LOT) share price is up 35% in a week

    The mining exploration company has had a great past week.

    Read more »

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    Share Gainers

    Why the Lotus Resources (ASX:LOT) share price is jumping 18% on Monday

    Lotus shares continue their march northwards this week.

    Read more »

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    Share Market News

    Lotus Resources (ASX:LOT) share price tumbles 7% today but is still up 170% in a year

    The Lotus Resources share price is tumbling today, down 7% in early afternoon trade. We take a look at the…

    Read more »

    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size

    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.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    05 Dec 2023 $0.30 $-0.01 -3.23% 3,838,406 $0.31 $0.31 $0.30
    04 Dec 2023 $0.31 $0.02 6.90% 7,342,912 $0.30 $0.31 $0.30
    01 Dec 2023 $0.29 $0.00 0.00% 3,616,132 $0.29 $0.30 $0.29
    30 Nov 2023 $0.29 $-0.01 -3.33% 4,805,950 $0.29 $0.29 $0.28
    29 Nov 2023 $0.30 $0.02 7.14% 2,430,677 $0.28 $0.30 $0.28
    28 Nov 2023 $0.28 $0.00 0.00% 1,792,176 $0.29 $0.29 $0.28
    27 Nov 2023 $0.28 $-0.02 -6.78% 1,520,068 $0.29 $0.29 $0.28
    24 Nov 2023 $0.30 $0.01 3.45% 901,087 $0.29 $0.30 $0.29
    23 Nov 2023 $0.29 $0.00 0.00% 2,199,679 $0.30 $0.30 $0.29
    22 Nov 2023 $0.29 $-0.02 -6.56% 5,300,462 $0.30 $0.31 $0.28
    21 Nov 2023 $0.31 $0.01 3.33% 8,939,930 $0.31 $0.32 $0.30
    20 Nov 2023 $0.30 $0.01 3.39% 8,018,042 $0.30 $0.32 $0.30
    17 Nov 2023 $0.30 $0.02 7.14% 8,493,235 $0.29 $0.30 $0.28
    16 Nov 2023 $0.28 $-0.01 -3.45% 3,720,470 $0.29 $0.29 $0.28
    15 Nov 2023 $0.29 $0.01 3.57% 5,611,607 $0.28 $0.29 $0.28
    14 Nov 2023 $0.28 $0.02 7.55% 6,460,722 $0.28 $0.29 $0.27
    13 Nov 2023 $0.27 $0.02 8.16% 5,222,973 $0.25 $0.27 $0.25
    10 Nov 2023 $0.25 $0.00 0.00% 2,166,984 $0.26 $0.26 $0.25
    09 Nov 2023 $0.25 $-0.01 -4.00% 1,232,312 $0.25 $0.25 $0.24
    08 Nov 2023 $0.25 $0.01 4.08% 2,399,964 $0.25 $0.25 $0.25
    07 Nov 2023 $0.25 $-0.02 -7.69% 8,026,655 $0.25 $0.26 $0.25

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    07 Nov 2023 Grant Davey Buy 728,468 $182,331
    On-market trade. average price
    03 Nov 2023 Dixie Marshall Sell 1,200,000 $313,800
    On-market trade. per share average
    06 Oct 2023 Dixie Marshall Exercise 2,000,000 $470,000
    Exercise of options.
    06 Oct 2023 Dixie Marshall Issued 2,000,000 $470,000
    Exercise of options.
    23 Aug 2023 Grant Davey Sell 50,954,438 $11,209,976
    As advised by the company. Appeal pending: Pursuant to Kestell - vDavey [No 3] [2023] WASC 289 -
    27 Feb 2023 Keith Bowes Exercise 1,125,000 $45,000
    Exercise of options. As per announcement on 28-02-2023
    27 Feb 2023 Keith Bowes Buy 1,125,000 $45,000
    Exercise of options. As per announcement on 28-02-2023

    Directors & Management Data provided by Morningstar.

    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 over 40 years of 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.
    Mr Mark Hanlon Non-Executive Director Feb 2021
    Mr Hanlon has over 25 years of experience in the resources and resource services sector, as well as in commercial and merchant banking. He has a background of senior executive experience across a wide range of industries including mining and mining services.
    Mr Grant Davey Non-Executive Director Jun 2020
    Mr Davey has 30 years of senior management and operational experience in the development, construction and operation of metals, base metals, uranium, and bulk commodities throughout the world. More recently, he has been involved in venture capital investments in several exploration and mining projects and has been instrumental in the acquisition and development of the Panda Hill niobium project in Tanzania, the Cape Ray gold project in Newfoundland and recently the acquisition of the Kayelekera Uranium mine in Malawi from Paladin Energy Limited.
    Mr Keith Bowes Managing Director Feb 2021
    Mr Bowes is a mining executive with over 20 years of experience working on project development and operations in Africa, South America and Australia across a range of commodities and processes. He was previously the project manager for the Panda Hill niobium project in Tanzania and the Sovereign Metals graphite project in Malawi.
    Ms Dixie Ina Marshall Non-Executive Director Apr 2022
    Ms Marshall has over 38 years of experience in media, advertising, government relations and communications. She has worked across a range of platforms, including television, radio, newspapers, and digital. Ms Marshall has a knowledge of data and digital innovation as applied to communications, marketing, and policy development. She has won awards for journalism, and more recently advertising. Ms Marshall is currently the Chief Growth Officer of Marketforce, WA's oldest advertising agency, and previously worked from the Western Australian Government Premier's Office for six years as the Director of Strategic Communications giving an insight into government policy.
    Ms Catherine Elizabeth Anderson Company Secretary Jan 2023
    Ms Amanda Jane Burgess Joint Company Secretary Jan 2019
    Michael Ball Chief Financial Officer
    Catherine Elizabeth Anderson Company Secretary
    Amanda Jane Burgess Joint Company Secretary

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Citicorp Nominees Pty Limited 199,337,793 14.74%
    Kayelekera Resources Pty Ltd 175,509,489 12.98%
    Hsbc Custody Nominees (Australia) Limited 164,967,018 12.20%
    HSBC Custody Nominees (Australia) Limited <Gsco Customers A/C> 57,874,931 4.28%
    Desertfox Pty Ltd 46,954,438 3.47%
    BNP Paribas Nominees Pty Ltd <IB AU Noms Retailclient DRP> 42,770,091 3.16%
    Tr Nominees Pty Ltd 40,500,000 2.99%
    J P Morgan Nominees Australia Pty Limited 29,477,294 2.18%
    National Nominees Limited 25,669,535 1.91%
    Bnp Paribas Noms Pty Ltd <Drp> 21,782,013 1.61%
    Sandhurst Trustees Ltd <Jmfg Consol A/C> 21,718,473 1.61%
    Mrs Pamela Julian Sargood 19,400,000 1.43%
    Hsbc Custody Nominees (Australia) Limited A/C 2 14,667,879 1.08%
    Netwealth Investments Limited <Super Services A/C> 12,530,064 0.93%
    Netwealth Investments Limited <Wrap Services A/C> 11,942,300 0.88%
    Mr Benjamin Leigh Harper 11,904,762 0.88%
    Mr Darren Craig Glover 11,904,762 0.88%
    Hawthorn Grove Investments Pty Ltd 8,504,747 0.63%
    Huicen Capital Pty Limited 8,000,000 0.59%
    Hsbc Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 7,732,451 0.57%