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Syrah Resources ( (AU:SYR) ) just unveiled an update.
Syrah Resources Limited has announced a proposed issue of 17,476,862 warrants, with the issuance date set for February 13, 2026. This move is part of a placement or other type of issue, aimed at enhancing the company’s financial position and potentially expanding its market presence, which could have significant implications for its stakeholders and industry positioning.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.50 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 production and supply of natural graphite. The company is known for its Balama Graphite Operation in Mozambique, which is one of the largest high-grade graphite deposits globally.
YTD Price Performance: 57.22%
Average Trading Volume: 6,793,957
Technical Sentiment Signal: Hold
Current Market Cap: A$458.7M
For a thorough assessment of SYR stock, go to TipRanks’ Stock Analysis page.