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

Lynas Rare Earths (OTCMKTS:LYSCF) will likely be posting 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 Trading Up 2.0%

LYSCF opened at $11.47 on Wednesday. Lynas Rare Earths has a 52-week low of $4.05 and a 52-week high of $16.20. The company has a 50 day moving average of $10.13 and a two-hundred day moving average of $10.17.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on LYSCF shares. William Blair initiated coverage on shares of Lynas Rare Earths in a research report on Tuesday, January 13th. They set an “outperform” rating for the company. UBS Group set a $17.80 price objective on Lynas Rare Earths and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock 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.