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Lynas (OTCMKTS:LYSDY) Shares Up 2.2% - Still a Buy?

Lynas logo with Basic Materials background

Shares of Lynas Corp. (OTCMKTS:LYSDY - Get Free Report) were up 2.2% on Tuesday . The company traded as high as $5.45 and last traded at $5.41. Approximately 66,496 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 215,030 shares. The stock had previously closed at $5.30.

Lynas Stock Up 2.2%

The business has a fifty day moving average price of $5.47 and a two-hundred day moving average price of $4.82.

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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