Lotus Resources Limited (ASX:LOT) Insider Grant Davey Acquires 120,000 Shares of Stock

Lotus Resources Limited (ASX:LOT) insider Grant Davey purchased 120,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was acquired at an average cost of A$0.25 ($0.16) per share, with a total value of A$30,000.00 ($19,480.52).

Lotus Resources Price Performance

The company has a debt-to-equity ratio of 33.08, a current ratio of 11.01 and a quick ratio of 0.58.

Lotus Resources Company Profile

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.