Syrah Resources (OTCMKTS:SYAAF) Stock Price Up 5.1% – Should You Buy?

Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report)’s share price shot up 5.1% during mid-day trading on Wednesday . The company 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 Stock Down 6.2 %

The business’s 50 day moving average price is $0.17 and its two-hundred day moving average price is $0.19.

Syrah Resources Company Profile

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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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