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

by · The Markets Daily

Shares of Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY – Get Free Report) have been given a consensus recommendation of “Buy” by the six brokerages that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a strong buy recommendation to the company.

A number of equities research analysts recently issued reports on the company. Macquarie Infrastructure upgraded Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Jefferies Financial Group raised shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 11th.

Check Out Our Latest Stock Report on LYSDY

Lynas Rare Earths Trading Down 3.0%

Shares of LYSDY stock opened at $12.86 on Wednesday. Lynas Rare Earths has a 52-week low of $5.26 and a 52-week high of $16.18. The business’s fifty day moving average is $13.50 and its 200 day moving average is $12.06.

About Lynas Rare Earths

(Get Free Report)

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.

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