Grant Murdoch Buys 2,265 Shares of Lynas Rare Earths (ASX:LYC) Stock

Lynas Rare Earths Limited (ASX:LYC) insider Grant Murdoch acquired 2,265 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The stock was purchased at an average cost of A$13.25 per share, with a total value of A$30,011.25.

Lynas Rare Earths Stock Performance

The company has a debt-to-equity ratio of 8.20, a quick ratio of 8.70 and a current ratio of 4.18. The company has a market capitalization of $6.48 billion, a P/E ratio of 76.65, a PEG ratio of 3.78 and a beta of 1.02.

Lynas Rare Earths Company Profile

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 an interest in the Mount Weld project, Western Australia; and the Kalgoorlie project. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium.