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Lynas Corporation is an Australian rare earth miner and one of the biggest 200 companies on the Australian Securities Exchange (ASX). The company primarily operates out of Western Australia, where rare earth minerals are mined, and also in Malaysia where minerals are processed.
How to buy shares in Lynas
Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
Search for Lynas. Find the share by name or ticker symbol: LYC. Research its history to confirm it's a solid investment against your financial goals.
Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lynas reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
Check in on your investment. Congratulations, you own a part of Lynas. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$5.44
1 month (2021-06-25)
-2.86%
3 months (2021-04-26)
-1.09%
5 years (2016-07-22)
inf%
Is Lynas under- or over-valued?
Valuing Lynas stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lynas's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lynas's P/E ratio
Lynas's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 305x. In other words, Lynas shares trade at around 305x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Lynas's EBITDA
Lynas's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $29.6 million.
The EBITDA is a measure of a Lynas's overall financial performance and is widely used to measure a its profitability.
Lynas financials
Revenue TTM
$327.5 million
Operating margin TTM
4.47%
Gross profit TTM
$47.8 million
Return on assets TTM
0.8%
Return on equity TTM
2.28%
Profit margin
5.29%
Book value
1.07
Market capitalisation
$5.8 billion
TTM: trailing 12 months
Lynas share dividends
We're not expecting Lynas to pay a dividend over the next 12 months.
Have Lynas's shares ever split?
Lynas's shares were split on a 1:10 basis on 29 November 2017. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Lynas shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Lynas shares which in turn could have impacted Lynas's share price.
Lynas share price volatility
Over the last 12 months, Lynas's shares have ranged in value from as little as $2.1601 up to $6.82. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Lynas's is 0.8067. This would suggest that Lynas's shares are less volatile than average (for this exchange).
Lynas overview
Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals primarily in Australia and Malaysia. The company holds an interest in the Mount Weld project in Western Australia. Its products include neodymium and praseodymium, lanthanum, cerium, and mixed heavy rare earth materials. The company also develops and operates advanced material processing and concentration plants; and offers corporate services. The company was formerly known as Lynas Corporation Limited and changed its name to Lynas Corporation Limited in December 2020. Lynas Rare Earths Limited was incorporated in 1983 and is based in East Perth, Australia.
Lynas in the news
Frequently asked questions
Currently 2.922% of Lynas shares are held by insiders and 47.096% by institutions.
Lynas's fiscal year ends in June.
Lynas's address is: 45 Royal Street, East Perth, WA, Australia, 6004
Lynas's international securities identification number is: AU000000LYC6
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