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General Information

Lynas Corporation Limited
LYC
http://www.lynascorp.com
Diversified Metals & Mining
122
3,487

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.04 $0.04 $0.04 $0.04 $0.04 1552178 $0.00 ( 1.43% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Sell
29/07/2015
2

Company Overview

Business Description
Lynas Corporation Limited (LYC) is principally involved in the exploration and development of rare earths minerals. LYC is focused on becoming a global rare earths producer and supplier through its focus on RED (Rare Earths Direct) branding. LYC’s main asset is Mt Weld rare earths deposit in Western Australia.
Strategy Analysis
LYC have a strategy of creating a reliable, fully integrated source of supply from mine through to the customer. LYC aims to become the benchmark for the security of supply and environmental standards in the global rare earths industry. Lynas Corporation reported positive cash flow of $99.61m for the quarter ended 31 December 2012. Operating cash flow for the period was $(30.32m). Payments for exploration and evaluation were nil. Investing cash flow was $130.74m. Financing cash flow was $(814,000). Cash in hand at the end of the quarter was $226.22m.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 0.0 -0.8 0.0% 0.0 0.0 0.0% 0.0%
2015 F 0.0 -3.5 0.0% 0.0 0.0 0.0% 0.0%
2014 A -148.4 -7.5 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
BHP Billiton (BHP) $85,110M 0.1223 -0.2320 -0.4539 10.9387 14.2435 26.0827 4.39% 6.33% 6.32%
Iluka Resources (ILU) $3,270M -0.5350 1.2602 0.8256 54.7686 24.2321 13.2733 2.43% 3.72% 4.83%
Lynas Corporation (LYC) $126M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Rio Tinto (RIO) $22,482M -0.1938 -0.5120 0.1015 8.5618 17.5444 15.9274 4.95% 5.47% 5.49%
South32 (S32) $9,583M 0.0000 0.0000 -0.0771 0.0000 10.2740 11.1317 0.00% 0.00% 4.74%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.50 0.00 0.27 0.00
Market 0.89 16.20 1.33 1.33
Sector 0.64 11.90 0.67 0.34

Directors

Name Position Start Date
Ms Amanda Lacaze Chief Executive Officer, Executive Director, Managing Director 01/01/2014
Mr Richard (Mike) Michael Harding Non-Executive Chairman 01/01/2015
Mr William (Liam) Gerard Forde Non-Executive Deputy Chairman 04/12/2007
Mr Jake Klein Non-Executive Director 25/08/2004
Ms Kathleen Marie Conlon Non-Executive Director 01/11/2011
Mr Philippe Gerald Etienne Non-Executive Director 01/01/2015

Management

Name Position
L. Catanzaro CFO
J . Steinmetz Chief Operating Officer
Andrew Arnold Company Secretary
A. Jury Executive Vice President Corporate Affairs
G. Barr Executive Vice President People and Culture
A. Arnold General Counsel and Company Secretary
Sally McDonald Joint Company Secretary

Substantial Shareholders

Holding Name
0 (0%) n/a

Calendar of Events

Date Event
15 July 2016 Report (Quarterly)
22 April 2016 Report (Quarterly)
26 January 2016 Report (Quarterly)
27 October 2015 Report (Annual)
14 October 2015 Report (Quarterly)
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