Free Trial

Lynas (OTCMKTS:LYSDY) Trading Up 0.3% - Time to Buy?

Lynas logo with Basic Materials background

Key Points

  • Lynas Corp. stock rose 0.3% during mid-day trading on Tuesday, with a last trading price of $7.09, though trading volume declined by 53% compared to average levels.
  • Canaccord Genuity Group has downgraded Lynas shares from a "strong-buy" rating to a "hold" rating, indicating a shift in analyst sentiment.
  • The company operates in the rare earth minerals sector, with projects in Australia and Malaysia, and holds significant interests in Mount Weld and Kalgoorlie projects.
  • Need better tools to track Lynas? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

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

(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.

See Also

Should You Invest $1,000 in Lynas Right Now?

Before you consider Lynas, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lynas wasn't on the list.

While Lynas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Market’s Next Big Winners? Start Here
5 High Short Interest Stocks to Buy Before November
HUGE Upside Ahead: The Fastest Growing ETFs in the Market

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines