US EditionUp 48% this year, does Macquarie think Lynas Rare Earths has further to run?
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Up 48% this year, does Macquarie think Lynas Rare Earths has further to run?
ASX 200 mining company Lynas Rare Earths Ltd (ASX: LYC) ended last week on a high note, with its share price surging 16.65% on Friday to close at $9.67. This impressive one-day gain brings Lynas' year-to-date share price increase to 48%, much to the delight of its shareholders. In comparison, the All Ordinaries Index (ASX: XAO) slipped 0.073% on Friday and has only managed a modest 4.2% rise since the beginning of the year. Curiously, Lynas didn…
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