Lynas Rare Earths (OTCMKTS:LYSCF) Shares Pass Above 200-Day Moving Average – Here’s Why

Shares of Lynas Rare Earths Limited (OTCMKTS:LYSCF) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.55 and traded as high as $4.63. Lynas Rare Earths shares last traded at $4.59, with a volume of 24,515 shares trading hands.

Lynas Rare Earths Stock Down 0.9 %

The firm’s fifty day simple moving average is $4.32 and its 200-day simple moving average is $4.55.

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.