Lynas Rare Earths (OTCMKTS:LYSDY) Rating Increased to Strong-Buy at Macquarie Infrastructure

Lynas Rare Earths (OTCMKTS:LYSDY) was upgraded by stock analysts at Macquarie Infrastructure from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Separately, Jefferies Financial Group upgraded Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. Four research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Lynas Rare Earths currently has an average rating of “Buy”.

Lynas Rare Earths Trading Down 3.0%

OTCMKTS:LYSDY opened at $12.86 on Tuesday. Lynas Rare Earths has a 1 year low of $5.26 and a 1 year high of $16.18. The stock has a fifty day moving average price of $13.50 and a two-hundred day moving average price of $12.06.

Lynas Rare Earths Company Profile

Lynas Rare Earths Limited (OTCMKTS: LYSDY) is a leading global supplier of rare earth elements, headquartered in Perth, Australia. The company’s flagship operation is the Mount Weld mine in Western Australia, one of the world’s highest‐grade rare earth deposits. Lynas extracts and concentrates rare earth ores, which serve as critical feedstock for the production of high-performance magnets, catalysts and other specialty applications used in automotive, electronics and renewable energy industries.

Beyond mining, Lynas operates a key processing facility at Kuantan in Malaysia, where it carries out cracking, leaching and separation of rare earth concentrate.