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Lynas (OTCMKTS:LYSDY) Shares Down 4.2% - Here's Why

Lynas logo with Basic Materials background

Lynas Corp. (OTCMKTS:LYSDY - Get Free Report)'s stock price traded down 4.2% during mid-day trading on Thursday . The stock traded as low as $6.32 and last traded at $6.35. 182,053 shares traded hands during trading, a decline of 16% from the average session volume of 216,924 shares. The stock had previously closed at $6.63.

Lynas Trading Down 3.2%

The company has a fifty day moving average of $5.58 and a 200-day moving average of $4.91.

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.

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