Syrah Resources (OTCMKTS:SYAAF) Trading Up 2% – Here’s What Happened

Shares of Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report) were up 2% on Wednesday . The company traded as high as $0.16 and last traded at $0.16. Approximately 57,000 shares were traded during trading, a decline of 28% from the average daily volume of 79,331 shares. The stock had previously closed at $0.16.

Syrah Resources Price Performance

The company has a 50-day simple moving average of $0.14 and a 200-day simple moving average of $0.16.

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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