Lynas (OTCMKTS:LYSDY) Hits New 12-Month High – Still a Buy?

Lynas Corp. (OTCMKTS:LYSDYGet Free Report)’s stock price hit a new 52-week high on Friday . The company traded as high as $6.50 and last traded at $6.38, with a volume of 107393 shares traded. The stock had previously closed at $5.95.

Lynas Stock Performance

The stock’s 50 day moving average is $5.50 and its two-hundred day moving average is $4.86.

About Lynas

(Get Free Report)

Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia. The company holds interests in the Mount Weld and Kalgoorlie projects in Western Australia. Its products include lanthanum, cerium, praseodymium, neodymium, samarium, europium, gadolinium, terbium, and dysprosium.

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