Syrah Resources (OTCMKTS:SYAAF) Trading Up 6.1% – Here’s Why

Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report)’s share price was up 6.1% on Tuesday . The company traded as high as $0.21 and last traded at $0.20. Approximately 267,196 shares traded hands during mid-day trading, an increase of 381% from the average daily volume of 55,541 shares. The stock had previously closed at $0.19.

Syrah Resources Price Performance

The business’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.23.

About Syrah Resources

(Get Free Report)

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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