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Lowell Resources Fund’s December 2024 Performance and Investment Update
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Lowell Resources Fund’s December 2024 Performance and Investment Update

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The latest announcement is out from Lowell Resources Fund ( (AU:LRT) ).

In December 2024, the Lowell Resources Fund reported an estimated net asset value of AUD $53.0 million, reflecting a slight decrease from November. The Fund’s NAV per unit decreased by 1.3% over the month, with the last traded unit price at $1.10. Fund investment actions included accepting a takeover offer for its Mako Gold holdings and increasing investments in various ASX-listed gold companies. The Fund also adjusted its portfolio in base metals and continued to invest in energy and mineral resources companies, reflecting a diverse commodity exposure strategy.

More about Lowell Resources Fund

Lowell Resources Fund is an investment company focusing on the natural resources sector, including precious and base metals, oil and gas, and various minerals. The company is listed on the Australian Securities Exchange (ASX: LRT) and is managed by Lowell Resources Funds Management Ltd, with Cremorne Capital Limited serving as the responsible entity.

YTD Price Performance: 0%

Average Trading Volume: 34,224

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of LRT stock, go to TipRanks’ Stock Analysis page.

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