Lynas Rare Earths (OTCMKTS:LYSDY) Stock Price Down 4.5% – Time to Sell?

Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY)’s share price dropped 4.5% during trading on Tuesday. The stock traded as low as $9.48 and last traded at $9.5150. 10,518 shares were traded during trading, a decline of 97% from the average daily volume of 313,080 shares. The stock had previously closed at $9.96.

Analyst Ratings Changes

Separately, Macquarie Infrastructure upgraded shares of Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 23rd. Four analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Lynas Rare Earths Price Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 9.35 and a quick ratio of 8.04. The stock’s 50-day moving average is $10.77 and its 200-day moving average is $12.42.

About Lynas Rare Earths

Lynas Rare Earths Limited is an Australian mining and materials company that explores, extracts and processes rare earth minerals. The company is one of the leading rare earth producers outside China and supplies materials used in electric motors, electronics, wind turbines, industrial equipment and other advanced technologies.

Lynas operates the Mount Weld rare earths mine and concentration plant in Western Australia, which provides ore for further processing. It also operates a rare earths processing facility in Kalgoorlie, Western Australia, and an advanced materials plant in Gebeng, Malaysia.