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Lynas Rare Earths ( (AU:LYC) ) has provided an announcement.
Lynas Rare Earths Ltd reported a 20.1% increase in revenue from ordinary activities for the year ending June 2025, reaching $556.5 million. However, the company experienced a significant decline in profit, with net profit attributable to members dropping by 90.5% to $8 million. This decline in profitability, despite increased revenue, may impact the company’s operational strategies and stakeholder confidence moving forward.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.85 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 Ltd is a company operating in the rare earths industry, focusing on the production and supply of rare earth materials. These materials are critical for various high-tech and green technologies, positioning the company as a key player in the market.
Average Trading Volume: 5,811,425
Technical Sentiment Signal: Buy
Current Market Cap: A$13.76B
For a thorough assessment of LYC stock, go to TipRanks’ Stock Analysis page.