Syrah Resources Limited (OTCMKTS:SYAAF – Get Free Report)’s share price rose 1% on Wednesday . The stock traded as high as $0.2266 and last traded at $0.2172. Approximately 367,995 shares traded hands during mid-day trading, an increase of 115% from the average daily volume of 170,811 shares. The stock had previously closed at $0.2150.
Syrah Resources Price Performance
The business’s 50-day simple moving average is $0.21 and its 200-day simple moving average is $0.21.
Syrah Resources Company Profile
Syrah Resources Ltd is an Australia‐based natural resource company focused on the exploration, development and production of high‐grade graphite concentrates and advanced battery materials. Headquartered in West Perth, Western Australia, the company was established in 2009 and listed on the Australian Securities Exchange in 2010. Syrah has positioned itself as a vertically integrated supplier of graphite products crucial to modern energy storage and industrial applications.
At the core of Syrah’s operations is the Balama Graphite Operation in northern Mozambique, one of the world’s largest known graphite mines.
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