Shares of Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY – Get Free Report) have been given an average rating of “Buy” by the six analysts that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company.
A number of research analysts have weighed in on LYSDY shares. Jefferies Financial Group raised Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 11th. Macquarie Infrastructure raised Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Tuesday.
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Lynas Rare Earths Trading Down 3.0%
Lynas Rare Earths Company Profile
Lynas Rare Earths Limited (OTCMKTS: LYSDY) is a leading global supplier of rare earth elements, headquartered in Perth, Australia. The company’s flagship operation is the Mount Weld mine in Western Australia, one of the world’s highest‐grade rare earth deposits. Lynas extracts and concentrates rare earth ores, which serve as critical feedstock for the production of high-performance magnets, catalysts and other specialty applications used in automotive, electronics and renewable energy industries.
Beyond mining, Lynas operates a key processing facility at Kuantan in Malaysia, where it carries out cracking, leaching and separation of rare earth concentrate.
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