Syrah Resources (OTCMKTS:SYAAF) Trading Down 4.6% – Time to Sell?

Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report)’s stock price dropped 4.6% on Wednesday . The company traded as low as $0.16 and last traded at $0.16. Approximately 63,585 shares changed hands during trading, an increase of 17% from the average daily volume of 54,307 shares. The stock had previously closed at $0.17.

Syrah Resources Stock Down 4.6 %

The stock has a fifty day simple moving average of $0.18 and a two-hundred day simple moving average of $0.21.

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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