How to buy Lotus Resources shares | A$0.09
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Lotus Resources Limited is an other industrial metals & mining business based in Australia. Lotus Resources shares (LOT) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.09 – the same closing value as a week prior. Lotus Resources has a trailing 12-month revenue of around $109,667.
How to buy shares in Lotus Resources
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Lotus Resources . Find the share by name or ticker symbol: LOT. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lotus Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price of $0.09, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Lotus Resources . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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How has coronavirus impacted Lotus Resources 's share price?
Since the stock market crash in March caused by coronavirus, Lotus Resources 's share price has had significant positive movement.
Its last market close was $0.09, which is 45.56% up on its pre-crash value of $0.049 and 429.41% up on the lowest point reached during the March crash when the shares fell as low as $0.017.
If you had bought $1,000 worth of Lotus Resources shares at the start of February 2020, those shares would have been worth $489.80 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,836.73.
Lotus Resources share priceUse our graph to track the performance of LOT stocks over time.
Lotus Resources shares at a glance
|Latest market close||AUDA$0.09|
|52-week range||AUDA$0.017 - AUDA$0.12|
|50-day moving average||AUDA$0.0959|
|200-day moving average||AUDA$0.0736|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||AUDA$-0.0064|
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- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
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Is it a good time to buy Lotus Resources stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Lotus Resources price performance over time
|1 week (2020-10-12)||-1.10%|
|1 month (2020-09-18)||-14.29%|
|3 months (2020-07-17)||45.16%|
|6 months (2020-04-17)||45.16%|
|1 year (2019-10-18)||57.89%|
|2 years (2018-10-19)||107.37%|
|3 years (2017-10-19)||-22.15%|
|5 years (2015-10-19)||-9.18%|
Lotus Resources financials
|Gross profit TTM||$109,667|
|Return on assets TTM||-22.07%|
|Return on equity TTM||-173.03%|
|Market capitalisation||$66.6 million|
TTM: trailing 12 months
Lotus Resources share dividends
We're not expecting Lotus Resources to pay a dividend over the next 12 months.
Lotus Resources share price volatility
Over the last 12 months, Lotus Resources 's shares have ranged in value from as little as $0.017 up to $0.12. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Lotus Resources 's is 3.2079. This would suggest that Lotus Resources 's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Lotus Resources overview
Lotus Resources Limited engages in the exploration and development of mineral properties in Australia and Malawi. The company also explores for cobalt ores. Its flagship property is the 65% owned Kayelekera uranium project located in northern Malawi, Africa. The company was formerly known as Hylea Metals Limited and changed its name to Lotus Resources Limited in August 2019. Lotus Resources Limited was incorporated in 2006 and is based in West Perth, Australia.
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