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Syrah Resources
(Sydney: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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.02M | 31.52M | 71.88M | 155.97M | 38.70M | 13.99M |
| Gross Profit | -61.13M | -55.66M | -37.34M | 18.78M | -44.10M | -56.25M |
| EBITDA | -103.05M | -123.72M | -84.83M | -19.43M | -49.55M | -63.03M |
| Net Income | -176.79M | -125.29M | -125.12M | -35.99M | -71.83M | -88.42M |
Balance Sheet | ||||||
| Total Assets | 1.02B | 692.11M | 1.03B | 840.48M | 589.90M | 559.76M |
| Cash, Cash Equivalents and Short-Term Investments | 65.01M | 87.47M | 124.55M | 133.27M | 73.37M | 97.18M |
| Total Debt | 411.88M | 269.91M | 434.06M | 127.72M | 121.67M | 84.67M |
| Total Liabilities | 533.96M | 309.88M | 508.30M | 194.34M | 187.57M | 128.49M |
| Stockholders Equity | 489.42M | 382.87M | 516.79M | 642.67M | 396.49M | 431.27M |
Cash Flow | ||||||
| Free Cash Flow | -123.53M | -102.71M | -314.57M | -189.40M | -77.26M | -64.88M |
| Operating Cash Flow | -115.57M | -78.64M | -93.08M | -46.42M | -48.34M | -49.58M |
| Investing Cash Flow | -8.22M | -24.07M | -208.79M | -149.27M | -25.77M | -17.12M |
| Financing Cash Flow | 64.75M | 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 |
|---|---|---|---|---|---|---|---|
63 Neutral | AU$241.69M | 132.86 | 1.08% | ― | ― | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$73.06M | -31.37 | -6.39% | ― | ― | 37.04% | |
52 Neutral | AU$40.81M | -2.79 | -15.13% | ― | ― | 23.60% | |
44 Neutral | AU$131.47M | -27.46 | -34.62% | ― | ― | -10.08% | |
41 Neutral | AU$380.35M | -1.66 | -30.60% | ― | -62.37% | 23.19% |
Syrah Resources Corporate Events
Syrah Resources has announced the lapse of 308,561 performance rights, which ceased on 28 November 2025 after the conditions attached to those rights were not met or became incapable of being satisfied. The cancellation of these conditional rights results in a change to the company’s issued capital structure, modestly reducing potential future equity dilution for existing shareholders.
The most recent analyst rating on (AU:SYR) stock is a Sell 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.
Syrah Resources has announced that James Askew ceased to be a director of the company effective 31 December 2025, with the company lodging a final director’s interest notice with the ASX. The filing details Askew’s remaining holdings in Syrah at the time of his departure, including NED rights and fully paid ordinary shares held directly and through associated entities, providing transparency to investors about changes in board composition and director-aligned equity exposure.
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.
Syrah Resources has updated the market on changes to Managing Director Shaun Verner’s interests in the company’s securities, following the grant of long-term incentive performance rights. Verner has been awarded a total of 5,897,472 unlisted performance rights in two equal tranches as part of the company’s 2025 long-term incentive program, with vesting over three years to 31 December 2027 and subject to conditions under Syrah’s Equity Incentive Plan and shareholder-approved resolutions. His indirect holdings in fully paid ordinary shares remain unchanged through two family-related entities, while the new performance rights expand his equity-linked exposure and further align executive remuneration with shareholder outcomes over the medium term.
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.
Syrah Resources will release its December 2025 Quarterly Activities Report on 28 January 2026, with Managing Director and CEO Shaun Verner scheduled to host a results conference call for investors and stakeholders the same day at 11:00 am AEDT. A recording of the call will be made available on the company’s website, underscoring Syrah’s ongoing efforts to maintain transparency and engagement with the market as it progresses its graphite and anode materials operations across Mozambique and the United States.
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.
Syrah Resources Limited has issued 5,897,472 performance rights and 952,380 share rights as unquoted securities under its employee incentive scheme, effective 31 December 2025. The additional equity-based awards highlight the company’s continued use of long-term incentive structures to align employee interests with shareholder value and support ongoing retention and performance objectives.
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.
Syrah Resources Limited has announced the appointment of Samantha Hogg as a new director, effective from December 5, 2025. The initial director’s interest notice indicates that she currently holds no securities or interests in the company, which may suggest a focus on governance and strategic oversight rather than financial investment.
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.
Syrah Resources Limited has appointed Samantha Hogg as an Independent Non-Executive Director and Chair-Elect of the Board, succeeding Jim Askew who will retire at the end of December 2025. Mrs. Hogg brings extensive international executive experience in transport, infrastructure, energy, and resources sectors, which is expected to support Syrah’s strategic growth as a leading producer of natural graphite and active anode materials outside China. Her appointment is seen as a strategic move to guide the company in delivering its objectives and enhancing shareholder value.
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.
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.
Syrah Resources announced an extension of the cure date for an alleged default under its offtake agreement with Tesla for supplying natural graphite active anode material from its Vidalia, Louisiana facility. The new cure date is set for January 16, 2026, with a final qualification deadline of February 9, 2026. This extension allows both companies to collaborate on resolving the issue, potentially impacting Syrah’s operations and its positioning within the battery materials industry.
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.
Syrah Resources released its Q3 2025 Quarterly Activities Report, emphasizing that the document is for informational purposes only and does not constitute financial advice or an offer to buy or sell securities. The report includes forward-looking statements based on various assumptions and estimates, highlighting the inherent risks and uncertainties in the company’s future performance. Syrah Resources disclaims any obligation to update these statements and advises investors to exercise caution.
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.
Syrah Resources reported operational highlights for the third quarter of 2025, including the production of 26kt of natural graphite at its Balama operation and the sale of 24kt to third-party customers. The company raised A$70 million to support its Vidalia operations and manage market volatility, while also navigating challenges in the global graphite supply chain due to geopolitical tensions and regulatory changes. Syrah is focused on maintaining production momentum and strengthening its strategic position in the market, aiming to enhance cash flow and supply chain resilience.
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.