Syrah Resources (OTCMKTS:SYAAF) Shares Up 8.6% – Still a Buy?

Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report)’s stock price was up 8.6% during mid-day trading on Monday . The stock traded as high as $0.22 and last traded at $0.21. Approximately 13,158 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 56,332 shares. The stock had previously closed at $0.19.

Syrah Resources Stock Performance

The business’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.25.

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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