Lynas Rare Earths (LYSDY) to Release Quarterly Earnings on Thursday

Lynas Rare Earths (OTCMKTS:LYSDY) is expected to be issuing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.0591 per share and revenue of $279.7340 million for the quarter.

Lynas Rare Earths Stock Performance

Lynas Rare Earths stock opened at $11.54 on Wednesday. The company has a current ratio of 2.83, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. Lynas Rare Earths has a 12-month low of $4.10 and a 12-month high of $16.18. The business’s 50-day moving average price is $10.12 and its two-hundred day moving average price is $10.17.

Analyst Ratings Changes

Several brokerages recently issued reports on LYSDY. TD Securities raised shares of Lynas Rare Earths to a “hold” rating in a report on Monday, February 9th. UBS Group raised shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 19th. Finally, The Goldman Sachs Group upgraded shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

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.