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

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

Lynas Rare Earths Price Performance

Shares of LYSDY stock opened at $4.92 on Wednesday. The company’s 50 day moving average is $4.89 and its 200 day moving average is $4.43. 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 has a 52-week low of $3.55 and a 52-week high of $5.53.

About Lynas Rare Earths

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.