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Syrah Resources ( (AU:SYR) ) just unveiled an update.
Syrah Resources Limited has announced the quotation of 55,000 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of August 7, 2025. This move is part of the company’s strategy to enhance its capital structure and potentially improve its market positioning, reflecting its ongoing efforts to support operational growth and stakeholder interests.
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, primarily focusing on the production and supply of graphite. The company is known for its Balama Graphite Operation in Mozambique, which is one of the largest graphite mines globally, catering to the growing demand for battery and industrial applications.
Average Trading Volume: 5,861,640
Technical Sentiment Signal: Hold
Current Market Cap: A$317.9M
For detailed information about SYR stock, go to TipRanks’ Stock Analysis page.