If you’re looking for exposure to the healthcare sector, then you may want to check out the two buy-rated shares listed below.

Here’s why analysts rate these ASX 200 healthcare shares as buys:

Pro Medicus Limited (ASX: PME)

The first ASX 200 healthcare share that is highly rated is Pro Medicus. It is a healthcare technology company that provides industry-leading software that facilitates the clinical assessment of medical images.

The team at Bell Potter is very positive on Pro Medicus due largely to its Visage 7 product.

It commented: “Visage 7 is the fastest, most versatile viewing software on the market and it is the key reason why Pro Medicus has been successful in winning numerous high profile hospital contracts in the US, ahead of some of the largest global names in the industry.”

And while the broker acknowledges that its shares remain “expensive”, it believes the company’s “prospective EPS growth is supportive of this large premium.” Particularly given how it has “barely scratched the surface of the IDN [Integrated Delivery Network] market in the US.”

Bell Potter currently has a buy rating and $55.00 price target on the company’s shares.

ResMed Inc. (ASX: RMD)

Another ASX 200 healthcare share that is highly rated is ResMed. It is a sleep treatment focused medical device company with a portfolio of cloud-connected products that transform care for people with sleep apnea, COPD, and other chronic diseases.

Analysts at Morgans are very positive on the company. They currently have an add rating and $40.46 price target on its shares.

Morgans commented: “While we believe the next few quarters will likely be volatile, as Covid-related demand for ventilators continues to slow and core sleep apnoea volumes gradually lift, nothing changes our medium/longer term view that the company remains well-placed as it builds a unique, patient-centric, connected-care digital platform that addresses the main pinch points across the healthcare value chain.”

The post Analysts name 2 ASX 200 healthcare shares to buy appeared first on The Motley Fool Australia.

More reading

• 3 fantastic ASX growth shares with major upside potential
• Here are the top 10 ASX shares today
• It’s time to buy these 2 fallen ASX shares again: expert
• Top brokers name 3 ASX shares to sell next week
• Top brokers name 3 ASX shares to buy next week

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Cochlear Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia has recommended Cochlear Ltd. and ResMed Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The All Ordinaries Index (ASX: XAO) recovered from a disastrous 4-session, 4.3% tumble today, recording its first gain of the week with the help of these shares.

They each gained more than 10% today. Impressively, some have managed to chalk up the upwards move without uttering a single word of news.

The All Ordinaries Index gained 1.15% today.

Let’s take a look at what boosted these 3 stocks more than 10% higher.

3 ASX All Ordinaries shares recording massive gains

Stanmore Resources Ltd (ASX: SMR)

The Stanmore Resources share price recorded an 11.88% gain to close at $2.26 on Thursday. In fact, at its highest point, the coal miner’s shares were trading 16.3% higher than their previous close.

Interestingly, there’s been no news from the energy stock today. On top of that, the S&P/ASX 200 Energy Index (ASX: XEJ) recorded a modest rise of just 0.92%.

Though, its best performer was the Whitehaven Coal Ltd (ASX: WHC) share price.

Other coal producing shares, Yancoal Australia Ltd (ASX: YAL) and New Hope Corporation Limited (ASX: NHC) also recorded notable gains of between 4% and 6%.

The sector’s buoyancy on Thursday might have been due to reporting by Reuters. According to the publication, India has urged its states to increase coal imports in a bid to boost inventories.

The move would likely see already inflated coal prices increase further. That would likely be good news to coal producers’ bottom lines.

City Chic Collective Ltd (ASX: CCX)

Another ASX All Ordinaries share to silently record a gain of more than 10% on Thursday is City Chic.

The clothing retailer’s stock surged 10.22% to close at $3.02. The stock also soared 5.38% on Wednesday on the release of a positive trading update.

Over the 17 weeks between 27 December and 24 April, the company’s total sales increased 25% year-on-year.

AMP Ltd (ASX: AMP)

Finally, All Ordinaries giant, AMP, saw its share price rocket 12.68% on Thursday to $1.16 on the back of more divestment news.

The embattled financial services company announced that it’s found a buyer for the final leg of its Collimate Capital business.

DigitalBridge has agreed to pay up to $699 million for the international infrastructure equity business, $462 million of which will come in the form of an upfront cash payment to AMP.

The news came just a day after AMP announced that it was selling Collimate’s real estate and domestic infrastructure business to Dexus Property Group (ASX: DXS).

AMP is planning to use the funds from the sales to pay off its debt and conduct a capital return.

The post 3 ASX All Ordinaries shares that soared more than 10% today appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX shares today
• Here are the 3 most heavily traded ASX 200 shares on Thursday
• Why AMP, Fortescue, Pilbara Minerals, and Sandfire shares are racing higher
• AMP share price surges 11% as $699m Collimate deal confirmed
• ASX 200 midday update: Coles, Fortescue, and Pilbara Minerals release quarterly updates

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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There’s no doubt that the technology sector has been battered and bruised in recent times. This has led to former market darling ASX tech shares falling from their highs, with many now trading at multi-year lows.

Today, two companies with cashed-up balance sheets and sizeable revenue growth are cementing new lows. While low share prices alone are not a reason to buy, it can be a good prompt to take another look and reassess.

In saying that, here are a couple of ASX tech shares pushing lower again on Thursday.

These 2 ASX tech shares can’t catch a break

PointsBet Holdings Ltd (ASX: PBH)

This online bookmaker’s year just got even worse today, as the PointsBet share price moved another 1.3% lower. The disappointing outcome for shareholders means their holdings have diminished in value by 62% since the start of 2022.

Interestingly, the continued sell-off has played out as the company approaches the release of its third-quarter update tomorrow. No doubt investors will be looking to see whether this ASX tech share has turned around its rampant cash burning, or not.

Tyro Payments Ltd (ASX: TYR)

Payment solutions and point of sales terminal provider, Tyro Payments is another company losing some more of its fanfare today. By the closing bell, the Tyro share price finished up 5.3% lower to $1.17 — its lowest level since listing in 2019.

The pain for this ASX tech share has stayed with it throughout 2022, despite the company’s revenue bouncing back from COVID-19 pressures. In fact, the most recent trading update shows transaction value increasing 42% in April compared to 2021.

The post 2 quality ASX 300 tech shares trading at multi-year lows appeared first on The Motley Fool Australia.

More reading

• The Pointsbet share price is tumbling 7% on Wednesday. What’s going on?
• Here’s why the PointsBet share price is charging higher today
• PointsBet share price sinks despite positive news
• Why A2 Milk, Ionic Rare Earths, Pilbara Minerals, and Tyro shares are dropping
• ASX 200 midday update: IGO increases Western Areas offer, BlueScope makes US acquisition

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pointsbet Holdings Ltd and Tyro Payments. The Motley Fool Australia has recommended Pointsbet Holdings Ltd and Tyro Payments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Today, the S&P/ASX 200 Index (ASX: XJO) broke free of the prevailing concern surrounding markets. At the end of the session, the benchmark index finished 1.32% higher at 7,356.9 points.

Surprisingly, nearly all sectors across the Aussie index pushed upwards today. The only area of the market struggling to get excited was communication shares, with most of the telcos showing up red. Meanwhile, miners rocked the market during the session amid broad optimism towards the sector following a positive outlook shared by Fortescue Metals Group Limited (ASX: FMG).

However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, AMP Ltd (ASX: AMP) was the biggest gainer today. Shares in the financial services company posted a monumental 13.17% gain after announcing the sale of its international infrastructure equity business. Find out more about AMP here.

Finding the second-best spot on the list today was Sandfire Resources Ltd (ASX: SFR). The copper producer revelled in an 11.92% rise in its shares amid what the company described as a “transformational” quarter. Uncover the latest Sandfire Resources details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company	Share price	Price change
AMP Ltd (ASX: AMP)	$1.16	13.17%
Sandfire Resources Ltd (ASX: SFR)	$5.82	11.92%
Stanmore Resources Ltd (ASX: SMR)	$2.25	11.39%
Fortescue Metals Group Ltd (ASX: FMG)	$21.73	8.11%
OZ Minerals Ltd (ASX: OZL)	$25.03	6.92%
Iluka Resources Ltd (ASX: ILU)	$11.22	6.15%
Whitehaven Coal Ltd (ASX: WHC)	$4.96	6.9%
Nickel Mines Ltd (ASX: NIC)	$1.225	6.06%
Contact Energy Ltd (ASX: CEN)	$7.58	4.99%
Mineral Resources Ltd (ASX: MIN)	$58.15	4.79%

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.

More reading

• Here are the 3 most heavily traded ASX 200 shares on Thursday
• Why AMP, Fortescue, Pilbara Minerals, and Sandfire shares are racing higher
• Sandfire share price shoots 12% higher on ‘transformational’ quarter
• Why is the Woolworths share price missing out on the ASX party today?
• AMP share price surges 11% as $699m Collimate deal confirmed

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Shares of Whispir Ltd (ASX: WSP) headed south on Thursday and were trading 14.9% lower at $1.25 apiece at the close of trade.

The Whispir share price ran deeper into the red through the session, gliding off its intraday high of $1.49 from the start of the trading day.

Zooming out, it’s been a difficult year for the tech company. Shares have suffered heavy losses in the last 12 months, and the downside has extended well into 2022.

What was up with the Whispir share price today?

Investors were bidding down the price of Whispir shares after the company released its activities and cash flow report for the three months ending 31 March 2022.

In its report, annualised recurring revenue (ARR) was up 24.1% year on year to $62.4 million and free cash outflows settled at $5.6 million.

Whispir also added another 82 customers for the period, which supported an 82% gain in cash receipts year on year to almost $20 million.

The company noted it was on track to meet FY22 guidance of $68 million at the upper end.

However, investors don’t appear to have carried the joy through to today’s session, with trading volume occurring at more than six times the 4-week average, all while the share price tracked down.

Meanwhile, the S&P/ASX All Technology Index (ASX: XTX) was also tracking lower today and is sitting 17 basis points down at 2,269.

Whilst it shrugged off sector weakness yesterday, it doesn’t appear to have been the same in today’s session for Whispir.

Over the last three months, the Whispir share price has trailed the broader tech sector, as seen below.

With no market-sensitive information released by Whispir today, it appears investors were selling down the Whispir share price with authority in line with sector weakness and amid the release of its quarterly earnings yesterday.

Whispir share price snapshot

In the last 12 months, the Whispir share price has faltered more than 63% and is now down 41% for the year to date.

Across all time frames, Whispir shares are in the red.

The post Whispir share price wisped down an untasty 15% on Thursday appeared first on The Motley Fool Australia.

More reading

• Why Cettire, Newcrest, Silver Lake, and Whispir shares are tumbling lower
• Whispir share price avoids tech selloff and pushes higher amid strong quarterly update
• 2 exciting small cap ASX shares to watch
• What’s up with the Whispir share price today?
• 3 exciting small cap ASX shares for your watchlist

Motley Fool contributor Zach Bristow has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Whispir Ltd. The Motley Fool Australia has recommended Whispir Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Nearmap Ltd (ASX: NEA) share price treaded lower on Thursday despite the company releasing a positive update to the ASX.

At market close, the aerial imagery specialist’s shares finished 1.63% in the red at $1.205.

What did Nearmap announce?

Investors appeared unfazed by the company’s latest release, sending the Nearmap share price lower.

In today’s statement, Nearmap announced that it has successfully completed the research and testing phase for its new proprietary aerial camera system, HyperCamera3.

The next-generation technology is expected to deliver a number of advantages over its previous model, HyperCamera2. This includes faster captures with wider reach, more detailed imagery, additional perspectives and better 3D models, as well as new artificial intelligence capability.

Nearmap advised that the upgraded aerial imagery system resulted in several technology breakthroughs, which are expected to come under a portfolio of patents.

Production of the HyperCamera3 has commenced and is on track to be rolled out in both Australia and North America this year.

The company expected demand to increase for high-resolution, high-frequency aerial imagery captures from aeroplanes.

Nearmap managing director and CEO, Dr Rob Newman commented:

For over a decade, Nearmap has developed the most efficient and accurate aerial camera systems in the world. We’re proud of being a world-leading technology company, homegrown in Australia, that continues to drive global innovation in the $60 billion location intelligence market.

The next generation of our aerial camera system will enable Nearmap to expand the scale and reach of our coverage and will offer new mapping and artificial intelligence products across North America, Australia, and New Zealand.

Nearmap share price summary

Nearmap has faced a turbulent couple of months, with its shares falling 22% for the calendar year.

Share price volatility aside, the company is projecting to achieve the upper range of its FY22 group annual contract value (ACV) of between $150 million to $160 million. This represents a potential increase of between 17% and 25% compared with the prior year of $128.2 million.

On valuation grounds, Nearmap commands a market capitalisation of roughly $601.38 million.

The post Nearmap shares track lower despite ‘new proprietary aerial camera system’ appeared first on The Motley Fool Australia.

More reading

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• Top ASX shares to buy in April 2022
• Why Block, Lake Resources, Nearmap, and Telix shares are racing higher

Motley Fool contributor Aaron Teboneras has positions in Nearmap Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Nearmap Ltd. The Motley Fool Australia has positions in and has recommended Nearmap Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Shares in Resolute Mining Ltd (ASX: RSG) climbed more than 6% during Thursday’s session, reaching a high of 34.5 cents several times throughout the trading day.

However, by the close of trade, the Resolute Mining share price had lost some of the ground it bought today finishing at 33 cents, still a lift of 3.13%.

Today, the company released its quarterly activities report for the period ending 31 March 2022. Let’s take a look.

Resolute Mining increases gold production by 2%

Key takeouts from Resolute’s results include:

• Quarterly gold production/poured of 81,770 ounces, an increase of 2% compared to last quarter
• All-in sustaining cost (AISC) $1,383/oz a 4% improvement over the prior quarter
• Quarterly gold sales of 88,773oz at an average realised gold price of $1,846/oz
• Cash and bullion of $103.9 million
• A reduction in net debt of $54.1 million to $174.7 million
• Asset sales proceeds of $43.7 million

What else happened for Resolute this quarter?

The company, which has gold mining and exploration operations in Australia and Africa, says its 2% increase in gold poured last quarter came from strong production across all operations.

Resolute advised that it realised an average gold price of $1,846/oz compared to the average spot price of $1,876/oz during the quarter.

Growth was recognised even with the shutdown of the Syama sulphide circuit in Mali in February and March this year.

Regarding its sulphide circuit, Resolute said performance had “improved, as anticipated following the
shutdown, with higher overall plant availability and throughput achieved during the first few weeks of the
current quarter.”

The Syama Oxide operation also saw an 18% increase in production from the last quarter, while the company’s Mako asset in Senegal came in line with expectations.

Meanwhile, the Syama Sulphide operations were flat and produced around 30,500 ounces, at an AISC of $1,365/oz.

Regarding recent geopolitical events in Mali, the company noted:

Resolute continues to monitor the political developments in Mali with operations at Syama continuing as normal with no current impact on production, supply, or employees and contractors’ safety and security. Resolute will continue to monitor and provide updates as appropriate.

Net debt also decreased to $174.7 million at the quarter’s end, and the company also spent $5.2 million on exploration. It has $278 million in additional liquidity through a term loan facility and revolving credit facility.

New leadership for Resolute

Earlier this month, Resolute advised that its COO, Terry Holohan, will step into the role of CEO effective 29 April 2022. The move comes after the resignation of former CEO and managing director Stuart Gale.

Mr Holohan is an experienced mining sector executive with more than forty years in the industry,
including seven years of experience as CEO for two mining companies. Thirty of those years have been spent working in Africa with a range of precious and base metals mining projects.

Mr Holohan was appointed as COO in May 2021 and since then has been responsible for all aspects of
the Company’s operations and projects. He has been instrumental in resetting the operations at the
Company’s Syama mine in Mali, where operations are progressing well and in line with expectations
following the recent planned sulphide plant shutdown.

Resolute Mining share price snapshot

The Resolute Mining share price has faltered in the last 12 months and now rests more than 27% in the red. This year to date, it has fallen 13% and is 8% down over the past week of trading.

The post Why the Resolute Mining share price soared 6% today appeared first on The Motley Fool Australia.

More reading

• All that glitters isn’t gold: Here are the worst performing ASX mining shares of the quarter

Motley Fool contributor Zach Bristow has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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One of the traits that many investors find attractive about ASX shares is the dividends. Compared to many other markets around the world, especially the US, ASX shares offer very high dividends on average. Just think, four out of the top six shares on the S&P/ASX 300 Index (ASX: XKO) are the big four banks. And the largest share on our share market by market capitalisation is BHP Group Ltd (ASX: BHP), which has arguably made a name for itself in recent years as a dividend machine. Thus, an exchange-traded fund (ETF) like the Vanguard Australian Shares Index ETF (ASX: VAS) should have the same reputation.

VAS is the most popular ETF on the ASX. It is the only ETF that covers the ASX 300 Index, thus tracking 300 of the largest shares on the share market. And since it holds BHP and the big four banks, as well as other ASX dividend shares like Woolworths Group Ltd (ASX: WOW) and Telstra Corporation Ltd (ASX: TLS), it has some impressive dividend distribution chops of its own to brag about.

As it currently stands, VAS has paid out $4.66 in dividend distributions per unit over the past 12 months. On the current VAS unit price of $93.32, that gives this ETF a trailing yield of 4.99%. That is a very solid yield at any standard.

So how do VAS’s dividend distributions stack up?

But at its core, VAS is an index fund, not a dividend ETF. And the ASX has many other ETFs that purely focus on dividend income. So how does VAS’ income potential stack up against ETFs that actually prioritise income?

Well, let’s investigate. Vanguard itself runs an income-focused fund called the Vanguard Australian Shares High Yield ETF (ASX: VHY). Instead of the 300 or so holdings that VAS boasts, VHY instead only holds 64 dividend-paying shares.

Over the past 12 months, this ETF has paid out a total of $3.22 in dividend distributions per unit. On the current VHY unit price of $68.79, that gives this ETF a trailing yield of 4.68%. So yes, it appears Vanguard’s High Yield ETF currently has a lower trailing distribution yield than the Vanguard Australian Shares ETF.

The iShares S&P/ASX Dividend Opportunities ETF (ASX: IHD) is another income-focused fund that is popular on the ASX. It also holds a more concentrated portfolio of ASX dividend payers at 48. Its current trailing yield sits at 5.22%. 

So it’s a bit of a mixed bag when it comes to high-yield ETFs compared to VAS. A thought to leave on though. Even though the iShares ETF offers the best yield of these three funds, it has returned a total of 5.81% per annum on average over the past 10 years. In contrast, VAS has almost doubled that return over the same period, giving its investors an average of 10.02% per annum. So high yields don’t always equate to higher returns. 

The post How does the VAS dividend compare to a high-yield ETF? appeared first on The Motley Fool Australia.

More reading

• Own the Vanguard Australian Shares High Yield ETF? Here’s what you’re invested in
• Is the Vanguard Australian Shares ETF a good buy at current prices?
• How diversified is the Vanguard Australian Shares Index ETF?
• Here’s why the Vanguard Australian Shares Index ETF rose 7% in March
• Vanguard Australian Shares ETF (ASX:VAS) plummets! What’s going on?

Motley Fool contributor Sebastian Bowen has positions in Telstra Corporation Limited and Vanguard Australian Shares High Yield Etf. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Lithium Plus Minerals Ltd (ASX: LPM) share price ascended again today, just three days after joining the ASX.

The ASX lithium share has exploded in value, with its share price up 266% over those three days. It closed the session on Thursday at 91.5 cents, up 5.17% for the day.

Let’s take a look at what is impressing ASX investors.

New to the ASX

Lithium Plus Minerals started trading on the ASX on Tuesday. Shares were initially offered to the public at 25 cents per share. The company raised $10 million from this initial public offering (IPO) to commence explorations for lithium at key projects in the Northern Territory.

Lithium Plus plans an aggressive drilling program targeting a mineral resource estimate in the first quarter of 2023, an investor presentation reveals.

The company’s flagship project is Bynoe, located near the Finniss Project owned by Core Lithium Ltd (ASX: CXO).

The board is led by Dr Bin Guo, who is the executive chairman and founder of the company.

Commenting on the outlook for Lithium Plus Minerals, Guo said:

We are now simply excited to get started on aggressively exploring this world-class package of lithium ground.

More about Lithium Plus

Lithium Plus has 19 exploration licences approved across two areas, with three more on the way.

The company is working on five projects within these two areas. This includes Bynoe and Wingate within the Bynoe project area. And Barrow Creek, Spotted Wonder, and Moonlight within the Arunta project area. The Bynoe project is just 45km from the Darwin Port.

Lithium Plus had net cash of $10.34 million at the time of listing on Tuesday. Its market capitalisation is now about $84.39 million.

The post Lithium Plus Minerals share price surges again, up 266% in only 3 days of trading appeared first on The Motley Fool Australia.

More reading

• Lithium Plus Minerals share price explodes 180% on ASX debut

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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What a month it has been for the Lynas Rare Earths Ltd (ASX: LYC) share price over April so far. Since the start of the month, Lynas shares have fallen from almost $11 to the late $8 mark we see today. That’s a drop of just over 16%.

To make things even more interesting, Lynas hit a new 10-year high of $11.59 a share on April 4. That means that the Lynas share price has fallen more than 22% from that high.

It’s been a rollercoaster of a year thus far for Lynas shares. Before April, this rare earths company experienced more than one 20% drop and 20% rise, making it an incredibly volatile ASX 200 share. But the slippage we have seen over the past few weeks has been mostly in one direction.

It seems that the boost Lynas shares got from the announcement of the partnership between the US and Australian Governments to secure supply chains of critical minerals like the rare earths that Lynas produces has been short-lived.

So, now that Lynas shares have decisively come off the boil, many ASX investors might be wondering if this company could be a buy today.

16% down: Is the Lynas share price a buy or sell today?

Well, one ASX broker who likes the Lynas share price is Macquarie. As my Fool colleague Tristan covered earlier this month, analysts at Macquarie have rated Lynas shares as outperform, with a 12-month share price target of $12.60. That would be a rise of more than 40% if it plays out. Macquarie likes Lynas’ most recent half-year earnings results, as well as the higher prices Lynas is enjoying for its minerals.

However, this bullish position isn’t universally held. As we also covered earlier this month, fellow broker Goldman Sachs isn’t quite as optimistic. Goldman currently has a neutral rating on Lynas, with a 12-month share price target of $9.50. This broker prefers exposure to Iluka Resources Limited (ASX: ILU) over Lynas in the rare earths space. It is buy-rated on Iluka instead, with a 12-month share price target of $14.

So, a mixed opinion bag on Lynas shares right now from some of the top brokers of the ASX. Only time will tell who will end up being right.

Meantime, the current Lynas price gives this ASX 200 resources share a market capitalisation of $7.99 billion.

The post The Lynas share price has lost 16% in April, is it a buy? appeared first on The Motley Fool Australia.

More reading

• What’s going on with the Lynas share price today?
• ASX 200 midday update: AMP asset sale talks, Syrah rockets
• Why Adbri, Eroad, Lynas, and Perpetual shares are tumbling
• Should you buy Iluka or Lynas shares for rare earths exposure?
• Lynas share price lifts amid record quarterly result

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs. The Motley Fool Australia has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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