Rinehart Expands Ecuador Push With Stake in Copper-Gold Project [BNN Bloomberg (Canada)]
LYNAS RARE EARTHS S/ADR (LYSDY)
NASDAQ:AMEX Investor Relations:
lynascorp.com/shared%20documents/investors%20and%20media/lynas%20corp%20american%20depository%20receipt%20040118.pdf
Company Research
Source: BNN Bloomberg
Rinehart's private company Hancock Prospecting Ltd. will pay Titan Minerals Ltd. as much as $120 million on drilling and exploration work which would give it 80% of the Linderos project in Ecuador, the Sydney-listed company said in a statement Thursday. It will pay an initial $2 million for a 5% stake, it said. The deal follows Hancock's purchase of a 49% stake in a state-owned mining company last month for $120 million, which gave it six mining concessions in the north of Ecuador, according to the West Australian. The strategy finds Rinehart expanding her portfolio in a nation wracked by turmoil, including crippling energy shortages and drought. Read More: Ecuador President Noboa Shuts Down Nation on Electricity Crisis Hancock “clearly sees the opportunity for large-scale copper, both at the Linderos Copper Project and in Ecuador, an emerging mining jurisdiction,” Titan Chief Executive Officer Melanie Leighton said in the statement. Over the past year, Rinehart has diversifi
Show less
Read more
Impact Snapshot
Event Time:
LYSDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYSDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYSDY alerts
High impacting LYNAS RARE EARTHS S/ADR news events
Weekly update
A roundup of the hottest topics
LYSDY
News
- MP Materials report wider-than-expected Q1 loss [Yahoo! Finance]Yahoo! Finance
- MP Materials report wider-than-expected Q1 loss [Reuters]Reuters
- Billionaire Gina Rinehart Buys Stake in Lynas Rare Earths [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Here’s What a 1-Day Gutter Upgrade Should Cost You [Yahoo! Canada Finance News]Yahoo! Canada Finance News
- Are Lynas Rare Earths Limited's (ASX:LYC) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness? [Yahoo! Finance]Yahoo! Finance