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Lynas (OTCMKTS:LYSDY) Sets New 12-Month High - Should You Buy?

Lynas logo with Basic Materials background

Lynas Corp. (OTCMKTS:LYSDY - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $7.15 and last traded at $7.14, with a volume of 201017 shares trading hands. The stock had previously closed at $6.80.

Lynas Stock Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.57 and a current ratio of 3.60. The company has a 50-day moving average of $5.76 and a two-hundred day moving average of $5.00.

Lynas Company Profile

(Get Free Report)

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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