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

Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) has earned a consensus recommendation of “Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a strong buy rating on the company.

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

Lynas Rare Earths Price Performance

OTCMKTS LYSDY opened at $11.27 on Friday. The firm’s fifty day simple moving average is $12.59 and its two-hundred day simple moving average is $12.53. The company has a quick ratio of 7.94, a current ratio of 9.25 and a debt-to-equity ratio of 0.05. Lynas Rare Earths has a 12-month low of $6.65 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.