Business · Markets · 2 hrs ago

Lynas and Sonic Healthcare shares hit 52-week lows

Lynas and Sonic Healthcare shares hit 52-week lows

Lynas Rare Earths and Sonic Healthcare shares both reached 52-week lows on Monday.

Lynas produces and processes rare earths, materials used in technologies such as electric vehicles, wind turbines and defence equipment.

It plans to acquire Meteoric Resources, which owns a rare earths project in Brazil, but investors may be concerned about the cost, processing challenges and impact on existing shareholders.

Sonic runs pathology and diagnostic businesses in several countries, but it needs to improve its US operations, integrate acquisitions and manage regulatory changes.

Demand for medical testing could support Sonic over time, while analysts forecast higher earnings for both companies in coming years.

Analysts also expect Sonic to pay dividends that could yield about 5.8% to 6.3% at its current share price, though the article notes its payouts leave limited room for setbacks.

Lynas's growth plans and Sonic's recovery and dividends may interest investors, but both companies still face risks and will need to deliver on their plans.

Sources

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