Lynas Rare Earths (OTCMKTS:LYSDY – Get Free Report) is expected to be issuing its results before the market opens on Wednesday, August 26th. Analysts expect the company to post earnings of $0.1154 per share and revenue of $448.0010 million for the quarter.
Lynas Rare Earths Trading Down 2.2%
Shares of OTCMKTS LYSDY opened at $11.73 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 7.94 and a current ratio of 9.25. Lynas Rare Earths has a 52 week low of $8.08 and a 52 week high of $16.18. The business has a 50-day simple moving average of $11.56 and a two-hundred day simple moving average of $12.63.
Wall Street Analyst Weigh In
Separately, Macquarie Infrastructure raised shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Lynas Rare Earths currently has an average rating of “Strong 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.
Further Reading
- Five stocks we like better than Lynas Rare Earths
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Receive News & Ratings for Lynas Rare Earths Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lynas Rare Earths and related companies with MarketBeat.com's FREE daily email newsletter.
