Lynas Rare Earths (OTCMKTS:LYSDY) Lowered to Hold Rating by The Goldman Sachs Group

Lynas Rare Earths (OTCMKTS:LYSDY) was downgraded by equities researchers at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

Lynas Rare Earths Price Performance

Shares of LYSDY stock opened at $4.92 on Wednesday. The stock’s fifty day moving average price is $4.89 and its 200 day moving average price is $4.43. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.46 and a current ratio of 4.18. Lynas Rare Earths has a 1-year low of $3.55 and a 1-year high of $5.53.

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.