Lynas Resources Ltd (ASX: LYC)
Courtesy of The Bull, Michael **le of Fairmont Equities sees plenty of tailwinds for this ASX 200 rare earths share.
**le points out that the Lynas share price has had a strong run already in 2025.
The stock has risen from $6.53 on 2 January to $8.81, up 2.44%, at the time of writing.
**le said:
This rare earths miner should continue to outperform as the US looks to diversify its supply of these metals away from China.
LYC is the largest producer of rare earths outside of China and is already negotiating deals with the US Government to secure supply.
**le expects Lynas Rare Earths shares to eventually go above $11 per share, which is where they were trading back in January 2022.
DYOR
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Last
$9.00 |
Change
0.330(3.81%) |
Mkt cap ! $8.419B |
Open | High | Low | Value | Volume |
$8.98 | $9.07 | $8.74 | $43.82M | 4.898M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 36710 | $8.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.01 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 8.950 |
1 | 1100 | 8.940 |
1 | 560 | 8.900 |
1 | 8000 | 8.880 |
1 | 2 | 8.840 |
Price($) | Vol. | No. |
---|---|---|
9.010 | 10000 | 1 |
9.030 | 13950 | 3 |
9.050 | 1062 | 2 |
9.070 | 2500 | 1 |
9.080 | 3442 | 2 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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LYC (ASX) Chart |