Lynas Corp. (OTCMKTS:LYSDY - Get Free Report) shares shot up 2.2% during mid-day trading on Tuesday . The company traded as high as $5.45 and last traded at $5.41. 66,496 shares traded hands during trading, a decline of 69% from the average session volume of 215,030 shares. The stock had previously closed at $5.30.
Lynas Trading Up 8.1%
The stock has a fifty day moving average of $5.50 and a 200-day moving average of $4.86.
About Lynas
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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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