Were did $22 come from that would be a PE of Nearly 200. Other than your dreams Could you supply even minimal justification.
Just think about this they had EPS of $0.09 in 2024. REE prices went up a very small amount and show little movement now. Lets be generous and say EPS for 2025 go up to $0.15 for 2025. Please show why if you think this is too low. So 0.15 / 22 = 0.7 % Would you put your money in a Bank that paid less than 1%. Do not talk about stock price appreciation until you explain any thing other than Earnings that can fuel growth.
Per usual you put out a bunch of crap with absolutely nothing to support it.
What does past history have to do with anything? Many accuse me of looking back too much yet you grab a number from over a dozen years ago draw conclusions with no explanation at all. The high for last dozen years is $11.56. May 2022. EPS in 2022 AR was $0.60 SP is usually tied closely to SP unless there is lots of speculation. speculation always fades with time unless the company is showing Groth potential. Lynas is not it EPS has dropped form 0.60 to 0.09 in two years. If I use earning 11.56 / 0.60 X 0.09 = a SP of $1.73 No way the stock will go that low but unde$5.50 is a very real possibility if enthusiasm fades which it always does. It is good to look at what the long term metrics might cause
LYC Price at posting:
$7.52 Sentiment: Sell Disclosure: Not Held
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