Syrah Resources Limited (OTCMKTS:SYAAF – Get Free Report)’s share price dropped 11% during trading on Wednesday . The company traded as low as $0.15 and last traded at $0.16. Approximately 41,948 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 71,368 shares. The stock had previously closed at $0.18.
Syrah Resources Price Performance
The stock’s 50-day moving average price is $0.16 and its 200-day moving average price is $0.16.
About Syrah Resources
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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