Lynas Rare Earths (OTCMKTS:LYSDY) Trading Down 3.7% – Time to Sell?

Lynas Rare Earths Limited – Sponsored ADR (OTCMKTS:LYSDY) fell 3.7% during mid-day trading on Thursday . The company traded as low as $9.20 and last traded at $9.25. 90,372 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 368,316 shares. The stock had previously closed at $9.61.

Analyst Ratings Changes

LYSDY has been the topic of a number of research reports. The Goldman Sachs Group upgraded Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. UBS Group raised Lynas Rare Earths from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 19th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Lynas Rare Earths has an average rating of “Buy”.

Lynas Rare Earths Price Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 2.83 and a quick ratio of 1.67. The firm has a 50 day moving average price of $10.90 and a 200-day moving average price of $8.58.

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.