Why are Lynas shares falling?

The price of neodymium (one of Lynas’ main products) has remained steady recently, so it doesn’t seem like commodity prices have been behind the drop in Lynas’ shares. It’s more likely that the situation between Australia and China has caused some uncertainty across the broader materials sector.

Is LYSDY a buy?

Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $8.04.

Why is Lynas price rising?

The strong profitability and Lynas share price growth have largely gone hand in hand. Rare earths and lithium shares have performed well in 2021 driven by supply-side disruptions, soaring demand and subsequently soaring prices.

Is Lynas overpriced?

At its current price of $4.254 per share and the market cap of $3.9 billion, Lynas Rare Earths stock gives every indication of being significantly overvalued.

Does Lynas pay a dividend?

There is no dividend history for Lynas Rare Earths Limited.

Is Lynas owned by China?

In May 2009 Lynas was offered funding of $252 million by the Chinese state-owned China Non-Ferrous Metal Mining (Group) Co., which would have taken a 51.6% stake in the company. Lynas later raised $450 million in a share sale.

Where is Lynas based?

Lynas

Type	Public ASX: LYC
Headquarters	Sydney, Australia Kuantan, Malaysia
Area served	Australia, Malaysia, Singapore
Products	rare-earth metals
Revenue	363,500,000 Australian dollar (2019)

Where is Lynas?

Lynas operates in Australia and Malaysia. Our Australian concentration plant is located at Mt Weld, Western Australia, and we have our head office in Perth. Our Malaysian advanced materials plant is located in The Gebeng Industrial Park near Kuantan, Malaysia, and we also have a corporate office in Kuala Lumpur.