Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) Given Average Recommendation of “Buy” by Analysts

Shares of Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) have received a consensus rating of “Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have issued a strong buy rating on the company.

Separately, Macquarie Infrastructure raised Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 23rd.

Lynas Rare Earths Price Performance

LYSDY opened at $10.23 on Friday. Lynas Rare Earths has a one year low of $6.71 and a one year high of $16.18. The company has a current ratio of 9.25, a quick ratio of 7.94 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average price is $12.47 and its 200 day moving average price is $12.56.

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.