Shares of Syrah Resources Limited (OTCMKTS:SYAAF – Get Free Report) shot up 5.1% during mid-day trading on Wednesday . The stock traded as high as $0.18 and last traded at $0.16. 37,400 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 55,943 shares. The stock had previously closed at $0.15.
Syrah Resources Price Performance
The firm has a 50 day moving average of $0.17 and a 200-day moving average of $0.19.
Syrah Resources Company Profile
Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally. It operates through Balama and Vidalia segments. The company's flagship project is the Balama graphite and vanadium project located in Cabo Delgado Province, Mozambique.
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