Syrah Resources traded at 0.11 this Friday August 14th. Looking back, over the last four weeks, Syrah Resources lost 12.50 percent. Over the last 12 months, its price fell by 64.41 percent. Looking ahead, we forecast Syrah Resources to be priced at 0.10 by the end of this quarter and at 0.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Syrah Resources Limited is an Australia-based industrial minerals and technology company. The Company is engaged in its flagship Balama Graphite Operation in Mozambique and a downstream Battery Anode Material Project in the United States. The Company segment includes Balama and Vidalia. Its Balama segment is engaged in production, distribution and sale of natural flake graphite from the Balama Graphite Operation in Mozambique. Its Vidalia segment is engaged in producing of natural graphite Active Anode Material (AAM) to service ex-Asia markets. Its Active Anode Material (AAM) is produced through toll treatment of Vidalia precursor.