Lynas Rare Earths Limited (OTCMKTS:LYSCF) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $4.28. Lynas Rare Earths shares last traded at $4.28, with a volume of 52,128 shares traded.
Separately, Canaccord Genuity cut shares of Lynas Rare Earths from a “buy” rating to a “hold” rating in a research note on Wednesday, April 21st.
The business has a 50 day simple moving average of $4.27.
Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals primarily in Australia and Malaysia. The company holds an interest in the Mount Weld project in Western Australia. Its products include neodymium and praseodymium, lanthanum, cerium, and mixed heavy rare earth materials.
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