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Syrah Resources ( (AU:SYR) ) just unveiled an update.
Syrah Resources Limited has announced the quotation of 163,422,440 fully paid ordinary securities on the Australian Securities Exchange (ASX), effective from August 7, 2025. This development is part of a previously announced transaction, reflecting the company’s ongoing efforts to enhance its market presence and operational capacity.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.30 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
More about Syrah Resources
Syrah Resources Limited operates in the mining industry, focusing on the extraction and production of graphite. The company is known for its Balama Graphite Operation in Mozambique, which is one of the largest high-grade graphite deposits in the world.
Average Trading Volume: 5,762,629
Technical Sentiment Signal: Sell
Current Market Cap: A$281.4M
For a thorough assessment of SYR stock, go to TipRanks’ Stock Analysis page.