Lynas Rare Earths (LYSCF) Projected to Post Quarterly Earnings on Thursday

Lynas Rare Earths (OTCMKTS:LYSCF) is anticipated to announce its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.0485 per share and revenue of $268.2790 million for the quarter.

Lynas Rare Earths Price Performance

Shares of OTCMKTS LYSCF opened at $11.10 on Friday. The stock has a 50 day moving average price of $10.00 and a 200 day moving average price of $10.09. Lynas Rare Earths has a 52 week low of $4.05 and a 52 week high of $16.20.

Wall Street Analyst Weigh In

LYSCF has been the topic of a number of recent analyst reports. William Blair started coverage on shares of Lynas Rare Earths in a report on Tuesday, January 13th. They set an “outperform” rating on the stock. UBS Group set a $17.80 price target on shares of Lynas Rare Earths and gave the company a “buy” rating in a report on Wednesday, November 19th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $17.80.

About Lynas Rare Earths

Lynas Rare Earths Ltd (OTCMKTS:LYSCF) is an Australian‐headquartered company specializing in the exploration, mining and processing of rare earth elements, which are critical components in the manufacture of high‐performance magnets, catalysts, electronics and renewable energy technologies. The company’s flagship asset is the Mount Weld deposit in Western Australia, renowned for being one of the world’s highest‐grade rare earth deposits. From exploration through to downstream processing, Lynas has built an integrated, end‐to‐end supply model aimed at diversifying global supply chains and reducing reliance on traditional suppliers.

At Mount Weld, Lynas employs conventional open‐pit mining techniques to extract ore that contains neodymium, praseodymium, cerium and lanthanum, among other rare earths.