Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) Receives Consensus Rating of “Buy” from Brokerages

Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) has been assigned an average recommendation of “Buy” from the six research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company.

Separately, Macquarie Infrastructure upgraded shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 23rd.

Lynas Rare Earths Trading Up 1.6%

LYSDY stock opened at $11.13 on Friday. The firm’s 50-day simple moving average is $12.72 and its 200 day simple moving average is $12.47. Lynas Rare Earths has a fifty-two week low of $6.43 and a fifty-two week high of $16.18. The company has a quick ratio of 7.94, a current ratio of 9.25 and a debt-to-equity ratio of 0.05.

About Lynas Rare Earths

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.