Overview
Lynas Rare Earths (ASX: LYC) is one of Australia’s rare-earth miners, with a business that extends from the Mt Weld mine in Western Australia into processing in Australia and Malaysia. Revenue growth of 86.70% and a 22.74% profit margin point to strong recent operating performance. At A$12.41, however, the share price is close to its 52-week low of A$12.15 and sits below its recent moving averages, leaving growth prospects and execution in focus.
Lynas Rare Earths is an Australian miner and processor of rare earths, with operations spanning Western Australia and Malaysia. Its assets include the Mt Weld mine near Laverton, a processing facility in Kalgoorlie and an advanced materials plant in Malaysia. The company produces light and heavy rare earth products used in industrial and advanced-material applications. Its position across mining and processing gives it exposure to the wider rare-earth supply chain, while also making operational performance across several facilities central to its business.
Key facts
- Ticker
- LYC
- Exchange
- AU
- ISIN
- AU000000LYC6
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Country
- Australia
- Currency
- AUD
- Price
- A$12.41
- Previous close
- A$12.40
- Day change
- +A$0.01 (+0.08%)
- Market cap
- 12.5B
- 52W low
- A$12.15
- 52W high
- A$22.37
Price and trend
Last price: A$12.41
- Price
- A$12.41
- 52W range
- A$12.15 – A$22.37
- 50-day SMA
- A$14.99
- 200-day SMA
- A$16.98
- Price vs 50D SMA
- -17.22%
- Price vs 200D SMA
- -26.93%
Valuation
- P/E
- 56.41
- PEG
- 0.17
- EPS
- 0.22
- Beta
- 0.74
Lynas has a market capitalisation of A$12.5 billion, trailing-12-month revenue of A$977.9 million and a reported profit margin of 22.74%. The share price is valued at 56.4 times earnings, while the reported PEG ratio is 0.17. The earnings multiple is high, so the valuation places weight on the company’s growth and profitability; investors may also consider how exposed those measures are to changes in rare-earth markets and operating conditions.
Profitability and growth
- Revenue growth
- 86.70%
- Revenue TTM
- 977.9M
- Profit margin
- 22.74%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$12.41
- Target price
- A$17.39
- Target vs last price
- 40.11% from last price
The supplied analyst target price is A$17.39, or 40.11% above the last price. That figure is secondary context rather than a forecast: analyst targets can change and do not remove the operational and market risks facing a mining and processing business.
Risks
Lynas’s results are exposed to the economics of rare-earth mining and processing, including changes in demand, prices and operating costs. The company’s Australian and Malaysian operations also make reliable execution across mining, processing and advanced-materials facilities important. Recent revenue growth is substantial, but past growth does not ensure it will persist. The share price is near its 52-week low and below both its 50-day and 200-day moving averages, reflecting a weaker position relative to those averages.
FAQ
What does Lynas Rare Earths do?
Lynas explores, mines and processes rare earth minerals. Its assets include the Mt Weld mine and a processing facility in Western Australia, as well as an advanced materials plant in Malaysia.
How has Lynas’s revenue been growing?
Revenue growth is reported at 86.70%, with trailing-12-month revenue of A$977.9 million. These figures indicate strong recent growth, though they do not by themselves establish whether that pace will continue.
How does LYC’s share price compare with its recent range?
At A$12.41, the share price is near the 52-week low of A$12.15 and below the 52-week high of A$22.37.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
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