Lynas Rare Earths (LYSCF) Projected to Post Quarterly Earnings on Thursday

Lynas Rare Earths (OTCMKTS:LYSCF) is projected to release its results before the market opens on Thursday, February 26th. Analysts expect Lynas Rare Earths to post earnings of $0.0485 per share and revenue of $268.2790 million for the quarter.

Lynas Rare Earths Stock Up 1.4%

Shares of OTCMKTS:LYSCF opened at $11.25 on Tuesday. Lynas Rare Earths has a 12 month low of $4.05 and a 12 month high of $16.20. The company has a 50-day moving average price of $10.06 and a 200 day moving average price of $10.15.

Analysts Set New Price Targets

LYSCF has been the subject of a number of analyst reports. William Blair began coverage on Lynas Rare Earths in a research report on Tuesday, January 13th. They issued an “outperform” rating for the company. UBS Group set a $17.80 target price on shares of Lynas Rare Earths and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Lynas Rare Earths presently has a consensus rating of “Buy” and a consensus target price of $17.80.

Lynas Rare Earths Company Profile

Lynas Rare Earths Ltd (OTCMKTS:LYSCF) is an Australian‐headquartered company specializing in the exploration, mining and processing of rare earth elements, which are critical components in the manufacture of high‐performance magnets, catalysts, electronics and renewable energy technologies. The company’s flagship asset is the Mount Weld deposit in Western Australia, renowned for being one of the world’s highest‐grade rare earth deposits. From exploration through to downstream processing, Lynas has built an integrated, end‐to‐end supply model aimed at diversifying global supply chains and reducing reliance on traditional suppliers.

At Mount Weld, Lynas employs conventional open‐pit mining techniques to extract ore that contains neodymium, praseodymium, cerium and lanthanum, among other rare earths.