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Syrah Resources
(OTC:SYR)
Syrah Resources (SYR) vs. iShares MSCI Australia ETF (EWA)
Syrah Resources Business Overview & Revenue Model
Syrah Resources Earnings Call Summary
Syrah Resources Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 31.52M | 47.71M | 153.17M | 38.70M | 15.67M |
| Gross Profit | -55.66M | -78.05M | 18.78M | -44.10M | -56.25M |
| EBITDA | -81.60M | -56.31M | -19.43M | -53.28M | -60.35M |
| Net Income | -125.29M | -126.40M | -35.99M | -71.83M | -88.42M |
Balance Sheet | |||||
| Total Assets | 692.11M | 700.05M | 840.48M | 589.90M | 559.76M |
| Cash, Cash Equivalents and Short-Term Investments | 87.47M | 124.55M | 133.27M | 72.78M | 97.18M |
| Total Debt | 269.91M | 295.84M | 126.19M | 118.37M | 83.25M |
| Total Liabilities | 309.88M | 346.44M | 194.34M | 187.57M | 128.49M |
| Stockholders Equity | 382.87M | 516.79M | 642.67M | 396.49M | 431.27M |
Cash Flow | |||||
| Free Cash Flow | -102.71M | -314.57M | -189.40M | -77.26M | -64.88M |
| Operating Cash Flow | -78.64M | -93.08M | -46.42M | -48.34M | -49.58M |
| Investing Cash Flow | -24.07M | -208.79M | -149.27M | -25.77M | -17.12M |
| Financing Cash Flow | 105.89M | 297.51M | 249.92M | 45.27M | 57.73M |
Syrah Resources Technical Analysis
Syrah Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | ¥173.39B | 11.06 | 6.37% | 3.55% | 3.93% | 6.03% | |
46 Neutral | AU$150.05M | 82.86 | 1.05% | ― | ― | ― | |
44 Neutral | AU$265.77M | ― | -33.63% | ― | -33.27% | -10.07% | |
39 Underperform | AU$18.62M | ― | -3.74% | ― | ― | 67.62% | |
38 Underperform | AU$17.18M | ― | -8.45% | ― | ― | -100.00% | |
37 Underperform | AU$165.59M | ― | -44.88% | ― | ― | -92.59% | |
32 Underperform | AU$33.88M | ― | -18.38% | ― | ― | 10.42% |
Syrah Resources Corporate Events
Syrah Resources has announced the appointment of Mr. Robert Edel as a Non-executive Director, effective 17 July 2025. Mr. Edel brings over 35 years of experience in the mining, energy, and infrastructure sectors, enhancing the company’s strategic capabilities. His expertise in project acquisition and development across African jurisdictions is expected to bolster Syrah’s operational and industry positioning.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources has resumed natural graphite production at its Balama Graphite Operation in Mozambique after restoring site access. The company plans to increase production to meet the growing demand for its products, particularly outside China, due to global supply disruptions. Syrah is working with local authorities to ensure smooth operations and plans to expedite shipments to ex-China destinations to accelerate cash flow.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources has announced a change in its registered office address to Suite 2, Level 11, 385 Bourke Street, Melbourne, effective immediately. The company’s telephone number and other details remain unchanged, indicating a minor administrative update with no significant impact on its operations or stakeholders.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources has clarified its previous disclosure regarding the offtake agreement with Tesla for supplying natural graphite active anode material from its Vidalia, Louisiana facility. The agreement’s offtake obligation is contingent on the final qualification of the material to Tesla’s satisfaction by February 2026, with potential termination options for both parties if qualifications are not met by specified dates. The ongoing qualification processes are crucial for commencing commercial sales, impacting Syrah’s operations and its positioning within the battery materials supply chain.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources Limited announced the results of its Annual General Meeting held on May 23, 2025, where all resolutions were carried. Key resolutions included the adoption of the remuneration report, re-election of a director, approval of performance rights and share issues to executives and directors, and the renewal of proportional takeover provisions. The successful passage of these resolutions reflects strong shareholder support and positions the company for continued strategic growth and governance stability.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources, a company listed on the ASX under the ticker SYR, held its Annual General Meeting on May 23, 2025. The presentation highlighted that the company does not provide financial product advice and emphasized the risks associated with securities transactions. The company also issued a disclaimer regarding forward-looking statements, noting that these are based on estimates and assumptions subject to various uncertainties.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources faced significant challenges in 2024 due to Chinese market conditions and political events in Mozambique and the US. Despite these hurdles, the company achieved milestones such as commencing production at its Vidalia facility and diversifying sales geographically. The company also dealt with operational interruptions due to protests in Mozambique, which were resolved by early 2025. Syrah’s strategic focus on diversifying its market and strengthening its financial position through equity raising and loans has positioned it to capitalize on the growing demand for natural graphite outside China.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources Limited announced the retirement of its Chair, Mr. Jim Askew, by the end of 2025. Mr. Askew has been instrumental in guiding the company through significant transformations, including the development of its Balama Graphite Operation and Vidalia Active Anode Material facility, establishing Syrah as a key player in the global graphite and anode material market. The company is actively seeking a new Chair to ensure a smooth transition and is also in the process of appointing a new Non-Executive Director, indicating a strategic shift in its leadership structure.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources has remobilized teams to its Balama Graphite Operation in Mozambique after site access was restored, aiming to resume production by the end of June 2025. The company is addressing minor maintenance needs and plans to prioritize power restoration and site security. With a significant run-of-mine inventory, Syrah expects to meet the increasing demand for its natural graphite products, driven by supply disruptions in the ex-China market. The company is working with local authorities to ensure operational support and is in discussions to address historical loan defaults with U.S. financial entities.
The most recent analyst rating on (AU:SYR) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Syrah Resources stock, see the AU:SYR Stock Forecast page.
Syrah Resources Limited announced the issuance of 6,318,595 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move reflects the company’s ongoing efforts to align employee incentives with its operational goals and could potentially enhance employee engagement and retention, thereby impacting its overall productivity and market competitiveness.
Syrah Resources has announced that access to its Balama Graphite Operation in Mozambique has been restored following the clearance of protestors by Mozambique Government authorities. The company is now mobilizing teams for inspection and maintenance, with updates on the resumption of operations and product shipments to follow. This development is significant for Syrah’s operations as it ensures the continuity of its graphite production, which is crucial for its market positioning and stakeholder interests.
Syrah Resources has released its Q1 2025 Quarterly Activities Report, providing an update on its operations and financial performance. The report includes forward-looking statements about the company’s future performance, highlighting the inherent risks and uncertainties in the market. Syrah Resources emphasizes the importance of seeking professional advice before making investment decisions, as securities transactions involve various risks.
Syrah Resources faced operational challenges in the first quarter of 2025, with no production at its Balama site due to ongoing protest actions. Despite these setbacks, the company made progress in its Vidalia operations, securing a multi-year agreement with Lucid for anode material supply and receiving a significant tax credit for expansion. The company is navigating geopolitical and market dynamics, including new US tariffs on Chinese imports and evolving customer procurement strategies, which could impact its market positioning.
Syrah Resources Limited has announced its Annual General Meeting (AGM) for shareholders, scheduled for May 23, 2025, in Melbourne. Due to recent legislative changes, the company will provide meeting materials electronically, with physical copies available upon request. This shift reflects a broader industry trend towards digital communication, potentially enhancing shareholder engagement and reducing environmental impact.
Syrah Resources Limited announced the cessation of a significant number of performance rights, totaling over 500,000, due to either the expiry of options or the lapse of conditional rights that were not satisfied. This cessation of securities may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.