Lynas Rare Earths Limited (OTCMKTS:LYSDY - Get Free Report)'s stock price was down 1.6% on Friday . The company traded as low as $4.30 and last traded at $4.33. Approximately 62,155 shares traded hands during trading, a decline of 18% from the average daily volume of 75,684 shares. The stock had previously closed at $4.40.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered shares of Lynas Rare Earths from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 30th.
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Lynas Rare Earths Stock Performance
The company's fifty day moving average price is $4.81 and its two-hundred day moving average price is $4.51. The company has a current ratio of 4.18, a quick ratio of 3.46 and a debt-to-equity ratio of 0.17.
About Lynas Rare Earths
(
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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.
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