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Lynas Rare Earths (OTCMKTS:LYSDY) Sets New 52-Week High - Should You Buy?

Lynas Rare Earths logo with Basic Materials background

Lynas Rare Earths Limited (OTCMKTS:LYSDY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $6.13 and last traded at $6.06, with a volume of 834825 shares changing hands. The stock had previously closed at $5.48.

Lynas Rare Earths Stock Up 10.6%

The stock has a 50-day moving average of $5.12 and a 200-day moving average of $4.59. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.46 and a current ratio of 4.18.

About Lynas Rare Earths

(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.

Further Reading

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

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