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How to buy Lynas (LYC) shares in Australia

Learn how to easily invest in Lynas shares.

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

To buy shares listed in Australia such as Lynas, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. 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.
  3. 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. 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.
  5. Check on your investment.
    Congratulations, you own a part of Lynas. Optimise your portfolio by tracking how your stock and 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 affect your stock.

Lynas stock price (ASX:LYC)

Use our graph to track the performance of LYC stocks over time.

Lynas shares at a glance

Information last updated 2024-07-19.
52-week range$5.49 - $7.58
50-day moving average $6.469
200-day moving average $6.3658
Target price$7.38
PE ratio 27.7273
Dividend yield N/A (0%)
Earnings per share (TTM) $0.22

Compare share trading platforms

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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Is it a good time to buy Lynas stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

Lynas price performance over time

Historical closes compared with the last close of A$6.05

1 week (2024-07-18) -3.35%
1 month (2024-06-26) 1.17%
3 months (2024-04-26) -2.26%
6 months (2024-01-25) -0.66%
1 year (2023-07-26) -9.84%
2 years (2022-07-26) -29.24%
3 years (2021-07-26) -14.91%
5 years (2019-07-26) 130.59%

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 28x. In other words, Lynas shares trade at around 28x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lynas's EBITDA

Lynas's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $161.5 million (£0.0 million).

The EBITDA is a measure of a Lynas's overall financial performance and is widely used to measure stock profitability.

Lynas financials

Revenue TTM $604.1 million
Operating margin TTM 13.61%
Gross profit TTM $339.4 million
Return on assets TTM 3.99%
Return on equity TTM 9.97%
Profit margin 33.13%
Book value 2.355
Market capitalisation $5.7 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 the split, the next day you would own 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 $5.49 up to $7.58. A popular way to gauge a stock's volatility is its "beta".

LYC.AU volatility(beta: 1.03)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Lynas's is 1.029. This would suggest that Lynas's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Lynas overview

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 an interest in the Mount Weld project, Western Australia; and the Kalgoorlie project. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium. The company also develops and operates advanced material processing and concentration plants, as well as offers corporate services. The company was formerly known as Lynas Corporation Limited and changed its name to Lynas Corporation Limited in November 2020. Lynas Rare Earths Limited was incorporated in 1983 and is based in Perth, Australia.

Lynas in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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