Lynas Corp. (OTCMKTS:LYSDY - Get Free Report) traded up 0.3% during mid-day trading on Tuesday . The company traded as high as $7.31 and last traded at $7.09. 175,028 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 369,200 shares. The stock had previously closed at $7.07.
Analyst Ratings Changes
Separately, Canaccord Genuity Group cut shares of Lynas from a "strong-buy" rating to a "hold" rating in a report on Friday, July 25th.
Check Out Our Latest Analysis on Lynas
Lynas Trading Up 3.2%
The company has a quick ratio of 2.57, a current ratio of 3.60 and a debt-to-equity ratio of 0.18. The stock's fifty day simple moving average is $6.05 and its 200-day simple moving average is $5.13.
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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