Lynas Rare Earths (OTCMKTS:LYSDY) Stock Price Up 1.9% – Still a Buy?

Lynas Rare Earths Limited (OTCMKTS:LYSDY) shares rose 1.9% during mid-day trading on Wednesday . The stock traded as high as $4.22 and last traded at $4.17. Approximately 74,896 shares traded hands during trading, a decline of 58% from the average daily volume of 177,654 shares. The stock had previously closed at $4.09.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered shares of Lynas Rare Earths from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 30th.

Lynas Rare Earths Stock Performance

The stock’s 50-day moving average price is $4.31 and its 200-day moving average price is $4.51. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.18 and a quick ratio of 3.46.

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 interests in the Mount Weld and Kalgoorlie projects in Western Australia. Its products include lanthanum, cerium, praseodymium, neodymium, samarium, europium, gadolinium, terbium, and dysprosium.