Syrah Resources (OTCMKTS:SYAAF) Stock Price Down 4.9% – Here’s Why

Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report)’s stock price traded down 4.9% on Wednesday . The stock traded as low as $0.11 and last traded at $0.11. 56,302 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 60,409 shares. The stock had previously closed at $0.12.

Syrah Resources Price Performance

The business has a 50 day moving average price of $0.15 and a 200 day moving average price of $0.17.

About Syrah Resources

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Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally. It operates through Balama and Vidalia segments. The company's flagship project is the Balama graphite and vanadium project located in Cabo Delgado Province, Mozambique.

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