Lynas Rare Earths (OTCMKTS:LYSDY) Stock Rating Upgraded by TD Securities

Lynas Rare Earths (OTCMKTS:LYSDY) was upgraded by equities researchers at TD Securities to a “hold” rating in a report issued on Monday,Zacks.com reports.

Several other research firms also recently issued reports on LYSDY. The Goldman Sachs Group upgraded shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. UBS Group upgraded Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 19th. Two equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lynas Rare Earths has a consensus rating of “Buy”.

Lynas Rare Earths Trading Up 2.4%

LYSDY opened at $10.80 on Monday. The business’s fifty day simple moving average is $9.64 and its 200 day simple moving average is $9.88. Lynas Rare Earths has a 52 week low of $4.10 and a 52 week high of $16.18. The company has a quick ratio of 1.67, a current ratio of 2.83 and a debt-to-equity ratio of 0.07.

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.