Lynas Rare Earths (OTCMKTS:LYSDY) Cut to Hold at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Lynas Rare Earths (OTCMKTS:LYSDY) from a strong-buy rating to a hold rating in a report published on Wednesday, Zacks.com reports.

Lynas Rare Earths Stock Up 3.3 %

Shares of OTCMKTS:LYSDY opened at $5.08 on Wednesday. The stock’s 50-day moving average price is $4.89 and its two-hundred day moving average price 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 12-month low of $3.55 and a 12-month 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.