Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY – Get Free Report) shares gapped up prior to trading 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.
Lynas Rare Earths Stock Performance
The company has a current ratio of 9.35, a quick ratio of 8.04 and a debt-to-equity ratio of 0.18. The stock has a fifty day moving average of $9.80 and a two-hundred day moving average of $11.77.
About Lynas Rare Earths
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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