LYC lynas rare earths limited

CNRE & Shenghe up 3% & 4% yesterday, both making HH's on strong...

  1. 19,589 Posts.
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    CNRE & Shenghe up 3% & 4% yesterday, both making HH's on strong volume, CNRE up ~30% from low, Shenghe ~50%, together with improving REO prices pretty solid indicators the trend has switched positive, the bottom was made in Feb.

    https://finance.yahoo.com/chart/600...iOiJjaGFydCIsInBhbmVsTmFtZSI6ImNoYXJ0In19fX0-

    https://finance.yahoo.com/chart/600...iOiJjaGFydCIsInBhbmVsTmFtZSI6ImNoYXJ0In19fX0-

    With Lynas moving into Q4 with forecast production 750tpm reasonable assumption the SP is making a bottom about now, the mkt should shift to accumulation mode before much longer, particularly given a reasonably positive QR.
 
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(20min delay)
Last
$9.18
Change
0.050(0.55%)
Mkt cap ! $8.587B
Open High Low Value Volume
$9.14 $9.23 $9.02 $21.24M 2.323M

Buyers (Bids)

No. Vol. Price($)
2 2578 $9.10
 

Sellers (Offers)

Price($) Vol. No.
$9.18 2211 2
View Market Depth
Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
LYC (ASX) Chart
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