Syrah Resources (OTCMKTS:SYAAF) Shares Down 11% – Here’s What Happened

Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report) shares fell 11% during mid-day trading on Wednesday . The stock traded as low as $0.15 and last traded at $0.16. 41,948 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 71,368 shares. The stock had previously closed at $0.18.

Syrah Resources Stock Performance

The stock’s 50 day simple moving average is $0.16 and its two-hundred day simple moving average is $0.16.

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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