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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 | 126.19M | 118.37M | 83.25M |
| 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 |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | AU$193.28M | 108.57 | 1.08% | ― | ― | ― | |
40 Neutral | $473.71M | ― | -30.60% | ― | -62.37% | 23.19% | |
39 Underperform | AU$37.10M | ― | -6.39% | ― | ― | 37.04% | |
38 Underperform | ― | ― | ― | ― | ― | ― | |
37 Underperform | AU$160.42M | -32.75 | -34.62% | ― | ― | -10.08% | |
32 Underperform | AU$38.66M | -2.65 | -15.13% | ― | ― | 23.60% |
Syrah Resources Corporate Events
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.
Syrah Resources announced that it will release its September 2025 Quarterly Activities Report on October 28, 2025, followed by a conference call hosted by CEO Shaun Verner. This update is significant for stakeholders as it provides insights into the company’s operational performance and strategic positioning in the graphite and anode material markets.
The most recent analyst rating on (AU:SYR) stock is a Buy with a A$0.34 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 cure date has been extended to November 15, 2025, as both companies collaborate to resolve the issue. The agreement’s termination could occur if final qualification is not achieved by February 9, 2026, potentially impacting Syrah’s operations and its positioning in the graphite supply chain.
The most recent analyst rating on (AU:SYR) stock is a Buy with a A$0.34 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 that its subsidiary, Syrah Technologies LLC, received an approximately US$11.7 million payment from the US Internal Revenue Service under the Section 45X Production Credit of the Inflation Reduction Act. This credit is linked to the company’s Advanced Manufacturing Production at its Vidalia, Louisiana facility. The funds, which are held in restricted accounts, can be used to support operating costs at the Vidalia facility. The company is eligible for credits equivalent to 10% of production costs, with the credits phasing down from 2030 onwards. This financial boost is expected to support Syrah’s operational costs and strengthen its position in the market.
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 faced significant operational challenges during the first half of 2025, with production and sales of natural graphite from Balama severely impacted by prolonged protest actions that halted operations. This resulted in depleted inventory and constrained shipments, exacerbated by competition and oversupply in the Chinese synthetic graphite market. Despite these challenges, there is strong demand for Syrah’s products outside China due to global supply disruptions and geopolitical factors. The company managed to ship a 10kt load to Indonesia post-period, highlighting potential recovery in operations.
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 announced a change in the director’s interest notice, specifically involving Shaun Verner, a director of the company. The change involves the acquisition of 71,500 fully paid ordinary shares through participation in an Entitlement Offer. This adjustment reflects the director’s increased stake in the company, potentially signaling confidence in its future prospects and aligning with shareholder interests.
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 issuance of 105,816,485 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) as of August 26, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence, potentially impacting its strategic positioning in the graphite supply chain and offering new opportunities for stakeholders.
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 successfully completed the retail component of its entitlement offer, raising approximately A$28 million. This, combined with the institutional component, totals around A$70 million, which will be used to fund Vidalia operating costs, a reserve account, transaction costs, and general corporate purposes. The completion of this equity raising adjusts the conversion price of AustralianSuper’s convertible notes and increases their voting power in Syrah to approximately 34.3%.
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 announced that its subsidiary, Twigg Exploration and Mining Limitada, has received a US$6.5 million disbursement from the United States International Development Finance Corporation for its Balama Graphite Operation in Mozambique. This funding will support working and sustaining capital needs. The company plans for an additional US$4.5 million disbursement in October 2025, but further funding up to US$75 million is contingent on a loan restructure and other conditions, introducing uncertainty about future disbursements.
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.
Syrah Resources Ltd has announced that Citigroup Global Markets Australia Pty Limited, along with its related corporate bodies, has ceased to be a substantial holder of Syrah’s ordinary fully paid shares as of August 13, 2025. This change in substantial holding was due to a decrease in relevant interests held by Citibank, N.A. Sydney Branch, Citigroup Global Markets Australia Pty Limited, and Citigroup Global Markets Inc, while Citigroup Global Markets Limited reported an increase in relevant interests. The announcement reflects a shift in the securities lending agreements and stock market transactions, which may affect the company’s shareholder composition and influence its market dynamics.
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.
Syrah Resources Limited announced a change in the director’s interest, with Robert Edel acquiring 65,000 fully paid ordinary shares through on-market acquisitions. This development reflects a potential increase in confidence or strategic positioning by the director, which could influence the company’s market perception and stakeholder confidence.
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.
Syrah Resources has issued 76,989,677 fully paid ordinary shares, with the majority allocated to institutional investors at $0.26 per share, as part of a placement announced on July 30, 2025. This issuance is part of the company’s strategy to strengthen its financial position and support its operations, potentially enhancing its market presence in the graphite and anode material sectors.
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.
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.