Shares of Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $7.58, but opened at $8.18. Lynas Rare Earths shares last traded at $8.29, with a volume of 7,078 shares changing hands.
Lynas Rare Earths Stock Performance
The business’s 50-day moving average is $9.80 and its 200 day moving average is $11.77. The company has a debt-to-equity ratio of 0.18, a current ratio of 9.35 and a quick ratio of 8.04.
Lynas Rare Earths Company Profile
Lynas Rare Earths Limited is an Australian-based producer of separated rare earth materials. The company operates an integrated supply chain that includes mining, concentration, processing and separation of rare earth ores, with a focus on supplying materials used in permanent magnets, electronics, electric vehicles, renewable energy equipment and other advanced technologies.
Lynas’ primary resource is the Mt Weld rare earths mine in Western Australia, which is regarded as one of the world’s significant rare earth deposits.
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