Lynas Rare Earths (OTCMKTS:LYSDY) Stock Rating Upgraded by Jefferies Financial Group

Lynas Rare Earths (OTCMKTS:LYSDY) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

LYSDY has been the subject of a number of other reports. TD Securities upgraded Lynas Rare Earths to a “hold” rating in a research note on Monday, February 9th. UBS Group upgraded shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 19th. Finally, The Goldman Sachs Group raised shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 18th. Three research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Lynas Rare Earths Trading Up 2.4%

Lynas Rare Earths stock opened at $14.73 on Wednesday. The business has a 50 day moving average price of $11.29 and a two-hundred day moving average price of $10.49. The company has a quick ratio of 1.67, a current ratio of 2.83 and a debt-to-equity ratio of 0.07. Lynas Rare Earths has a 12 month low of $4.20 and a 12 month high of $16.18.

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.