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Lynas (OTCMKTS:LYSDY) Shares Gap Up - Still a Buy?

Lynas logo with Basic Materials background

Lynas Corp. (OTCMKTS:LYSDY - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $5.45, but opened at $5.89. Lynas shares last traded at $6.03, with a volume of 174,363 shares.

Lynas Stock Up 8.1%

The firm has a 50 day moving average price of $5.50 and a 200 day moving average price of $4.87.

About Lynas

(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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