Lowell Resources Fund Sees Robust NAV Growth

Lowell Resources Fund (AU:LRT) has released an update.

Lowell Resources Fund (ASX: LRT) reported a significant increase in net asset value (NAV) to AUD$49.8m in September 2024, up 12.6% from the previous month, with a NAV per unit at $1.4382. The Fund paid a distribution of 15.2 cents per unit in July and adjusted its investment portfolio by adding and exiting various positions across energy, precious metals, and base metals.

For further insights into AU:LRT stock, check out TipRanks’ Stock Analysis page.