Shares of Lynas Rare Earths Limited (OTCMKTS:LYSCF – Get Free Report) dropped 1.4% during trading on Thursday . The company traded as low as $4.30 and last traded at $4.41. Approximately 11,782 shares changed hands during trading, a decline of 72% from the average daily volume of 41,426 shares. The stock had previously closed at $4.48.
Lynas Rare Earths Trading Down 0.9 %
The firm’s 50-day simple moving average is $4.83 and its two-hundred day simple moving average is $4.51.
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.
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