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Lynas Rare Earths Director Increases Shareholding

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Lynas Rare Earths Director Increases Shareholding

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Lynas Rare Earths ( (AU:LYC) ) has shared an update.

Lynas Rare Earths Limited announced a change in the director’s interest, with Grant Bruce Murdoch acquiring 2,265 ordinary shares through G & M Murdoch Pty Ltd under a Share Purchase Plan. This transaction increases Murdoch’s indirect holdings to 163,272 ordinary shares, reflecting a strategic move to strengthen his investment in the company.

The most recent analyst rating on (AU:LYC) stock is a Buy with a A$18.90 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.

More about Lynas Rare Earths

Lynas Rare Earths Limited is a company operating in the rare earths industry, focusing on the extraction and processing of rare earth minerals. These minerals are essential components in various high-tech applications, including electronics, renewable energy, and defense systems.

Average Trading Volume: 6,331,154

Technical Sentiment Signal: Buy

Current Market Cap: A$16.91B

See more data about LYC stock on TipRanks’ Stock Analysis page.

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