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Lynas Rare Earths ( (AU:LYC) ) just unveiled an update.
Lynas Rare Earths Limited announced a change in the director’s interest, with John Beevers acquiring 2,265 ordinary shares through The Beevers Family Trust under a Share Purchase Plan. This acquisition increases his indirect holding to 30,052 shares, reflecting a strategic move that may influence investor perception and stakeholder confidence in the company’s governance and future prospects.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$18.90 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
More about Lynas Rare Earths
Lynas Rare Earths Limited operates in the rare earths industry, focusing on the extraction and processing of rare earth minerals. These minerals are crucial for various high-tech applications, including electronics, renewable energy, and defense sectors.
Average Trading Volume: 6,331,154
Technical Sentiment Signal: Buy
Current Market Cap: A$16.91B
See more insights into LYC stock on TipRanks’ Stock Analysis page.