Syrah Resources ( (AU:SYR) ) has shared an update.
Syrah Resources Limited has announced the issuance of 11,395,844 performance rights under its employee incentive scheme, which are not intended to be quoted on the Australian Securities Exchange (ASX). This move reflects the company’s strategy to motivate and retain its workforce while potentially impacting its financial performance and operational efficiency.
More about Syrah Resources
Syrah Resources Limited operates in the resources industry, focusing on the mining and production of graphite. The company is renowned for its Balama Graphite Operation in Mozambique, which is one of the largest graphite mines globally.
YTD Price Performance: 5.00%
Average Trading Volume: 80,990
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $148.9M
Learn more about SYR stock on TipRanks’ Stock Analysis page.