Lynas Rare Earths Limited (OTCMKTS:LYSDY - Get Free Report)'s share price fell 2.2% during mid-day trading on Friday . The company traded as low as $4.37 and last traded at $4.37. 53,199 shares changed hands during trading, a decline of 27% from the average session volume of 73,367 shares. The stock had previously closed at $4.47.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group cut shares of Lynas Rare Earths from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 30th.
Read Our Latest Stock Report on LYSDY
Lynas Rare Earths Trading Down 2.2 %
The business's fifty day moving average price is $4.98 and its two-hundred day moving average price is $4.52. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.18 and a quick ratio of 3.46.
Lynas Rare Earths Company Profile
(
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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.
Further Reading
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