Lynas Rare Earths (OTCMKTS:LYSDY) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDYGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.15 and traded as low as $9.52. Lynas Rare Earths shares last traded at $9.94, with a volume of 608,592 shares.

Analyst Ratings Changes

Separately, Macquarie Infrastructure raised shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd. Four analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Get Our Latest Stock Analysis on Lynas Rare Earths

Lynas Rare Earths Trading Up 3.8%

The business has a fifty day moving average of $12.15 and a 200-day moving average of $12.58. The company has a current ratio of 9.25, a quick ratio of 7.94 and a debt-to-equity ratio of 0.05.

Lynas Rare Earths Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Lynas Rare Earths Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lynas Rare Earths and related companies with MarketBeat.com's FREE daily email newsletter.