Lynas Rare Earths (LYSCF) Expected to Announce Quarterly Earnings on Thursday

Lynas Rare Earths (OTCMKTS:LYSCF) will likely be issuing 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 Stock Down 0.4%

LYSCF opened at $11.10 on Friday. Lynas Rare Earths has a 12 month low of $4.05 and a 12 month high of $16.20. The company has a 50 day moving average of $10.00 and a 200 day moving average of $10.09.

Analyst Ratings Changes

LYSCF has been the topic of a number of research analyst reports. UBS Group set a $17.80 price target on shares of Lynas Rare Earths and gave the stock a “buy” rating in a report on Wednesday, November 19th. William Blair began coverage on shares of Lynas Rare Earths in a research note on Tuesday, January 13th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Lynas Rare Earths presently has a consensus rating of “Buy” and a consensus price target of $17.80.

About Lynas Rare Earths

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.