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An update from Syrah Resources ( (AU:SYR) ) is now available.
Syrah Resources Limited has announced the application for the quotation of 1,853,306 ordinary fully paid securities, as a result of options being exercised or convertible securities being converted. This move could potentially enhance the company’s market capitalization and provide additional liquidity, reflecting positively on the company’s market positioning and offering potential benefits for investors and stakeholders.
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 graphite mine located in Mozambique and aims to supply the global market with high-quality graphite products.
YTD Price Performance: 5.00%
Average Trading Volume: 80,990
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $148.9M
See more insights into SYR stock on TipRanks’ Stock Analysis page.
