Lynas corporation limited shares yesterday closed at an alltime low of just 3. A pb of 1 means its selling at its per share book value. The companys resource deposit in mt weld, western australia, is acknowledged as one of the highest grade rare earths mine in the world. Six degrees won the royal society prize and was made into a national geographic documentary lynas was advisor on climate change to the president of the maldives from. Mark lynas is the author of three major popular science environmental books. Lynas corporation limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Hotcopper has news, discussion, prices and market data on lynas corporation limited. Lyc recent ownership structure, an important but notsopopular subject among individual investors. Lyc is listed on the australian securities exchange. Lycs main asset is mt weld rare earths deposit in western australia. Lyc is the worlds second largest producer of rare earth materials. Lynas corporation s mailing address is suite 3, 5 tully road, east perth, wa, australia, 6004.
Lynas already has institutions on the share registry. Rare earths are essential inputs to high technology, high growth, futurefacing industries, especially those involved in energy efficient sectors. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. Use the zacks rank and style scores to find out is lysdy is right for your portfolio. Price book value is a widely used stock evaluation measure. Lynas soars as china gears up to weaponise rare earths in.
Lynas corporation ltd is an australiabased company engaged in integrated extraction and processing of rare earth minerals, primarily in australia. Find the latest price book value for lynas corp lysdy. Lynas corporation ltd is an australiabased company engaged in integrated extraction and processing of rare earth minerals, primarily in australia and malaysia, and development of rare earth deposits. Asx share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. High tide 2004, six degrees 2008 and the god species 2011, as well as the kindle single ebook nuclear 2. According to ubs, lynas may be able to economically ship the radioactive waste. The prospect of such a move put a rocket under the share price of australian rare earths miner lynas on wednesday, sending it 15 per cent higher by markets close. Lynas is an integrated source of rare earths from mine to customer. Lycs share price has been volatile over the past 3 months. Lynas corporation limited lyc share price and research. The shareholder register requires that every current shareholder be.
Taking a look at the our data on the ownership groups below, its seems that institutions are noticeable on the share registry. Computershare declared final dividend of 14 cents per share, 60 per cent franked, unchanged from last year. This suggests some credibility amongst professional investors. Lynas corporation limited lyc about lyc shareprices. To convert your lyco options into lyc shares, complete the attached application for shares on exercise of options form in full, sign it and send it to the companys share registry with the appropriate remittance amount by cheque made payable to lynas corporation limited and crossed not negotiable. Lynas corporation limited explores and mines for rare earth minerals such as cerium and neodymium and other mineral resources. The companys assets inc lude mt weld, mt weld concentration plant and lynas malaysia. Lynas corporation is focussed on building a company that has strong cashflows and profits to secure favourable shareholder returns through dividends and share price appreciation. The asx groups activities span primary and secondary market services, including capital formation and hedging, trading and price discovery australian securities exchange central counter party risk transfer asx clearing corporation. Ax using the most recent financial reports and market disclosures of both firms silva tony on. Seminar paper from the year 20 in the subject business economics investment and finance, grade. The record date and effective date is 01122017 and 30112017 respectively. Lynas corporation limited explores and mines for rare earth minerals such as cerium and neodymium.
Lynas corporation announced a security consolidation on the basis that every 10 preconsolidation securities will be consolidated into 1 postconsolidation security. The companys assets include mt weld, mt weld concentration plant and lynas. Lynas is responsible for the costs of sale of your shares under the unmarketable parcel sale facility. Tax may be payable by you on any gains you make on the sale of the shares. Run by investors for investors proactive investors is a leading source of indepth comment, analysis, financial news, press releases and share price. Read the latest issued capital general news from lynas corporation asx. It focuses on the exploration, development, mining, and processing of rare earth deposits. But we cant rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. This includes any stamp duty, brokerage and share registry fees but expressly excludes any tax on income or capital gains.
Revenue share book value per share capital spending net profit margin. Today, i will be analyzing lynas corporation limiteds asx. Address pt17212, jalan gebeng 3 kawasan perindustrian gebeng kuantan, 26080 malaysia. Mt weld is a rare earths mine, located approximately 35. Lynas corporation limited lyc is an integrated source of rare earths from mine to customer. These assets are mt weld and lynas advanced materials plant lamp. Market leader in the australian corporate services sector providing registry, employee plan, corporate secretarial and payroll services. Get breaking news and analysis on lynas corporation limited lyscf stock, price quote and chart, trading and investing tools. Au stock price, news, historical charts, analyst ratings and financial information from wsj. Join the hotcopper asx share market forum today for free. Brokers remain optimistic on lynas despite malaysian setbacks. View lyc business summary and other industry information.
Price to book value is a valuation ratio that is measured by stock price book value per share. Lynas has a portfolio of aligned assets to explore, develop, mine and process rare earth minerals. Lynas corporation limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals primarily in australia and malaysia. Read detailed company information including dividend distribution, dividend amount and payment history. Lynas book value per share 20112019 lysdy macrotrends. We dont just provide a single solution and expect our clients to. Share registry services provider computershare ltds full year profit fell by 10. We can zoom in on the different ownership groups, to learn more about lyc. Share prices bounced back during the opening session at a critical fib retracement level at 2. Lynas rare earth oxides are mined and initially processed at our mt weld concentration plant. Read this before you buy lynas corporation limited shares. With over 30 years experience and more than 500 clients in australia, were one of the market leaders within the corporate service sector, providing share registry, employee plan, corporate secretarial, and payroll solutions to listed and unlisted entities of all sizes. Share prices could progress to the upside if it holds above 2. Lyc share price will be on watch this morning after the asx miner released its halfyear fy20 results.
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