Syrah Resources Limited (SYAAF) Research

Syrah Resources Limited, along with its subsidiaries, specializes in the exploration, evaluation, and development of mineral deposits located in Mozambique. The company operates through two distinct segments: Balama and Vidalia. Its most significant venture is the Balama project, situated in Mozambique's Cabo Delgado Province, which extracts both graphite and vanadium. Furthermore, Syrah Resources is actively engaged in the Vidalia segment, concentrating on the assessment and advancement of downstream initiatives to produce active anode material from natural flake graphite. The natural graphite it mines is distributed worldwide to various markets, including China, Europe, India, and the Americas. The company was founded in 2007 and its corporate headquarters are located in Melbourne, Australia.

Market snapshot

Symbol
SYAAF
Price
$0.10
Day change
-3.77%
Market cap
$92.8M
P/E ratio
-1.06x
52-week range
0.054-0.35
Sector
Basic Materials
Industry
Industrial Materials
Next earnings
in 3 months

Recent news

  • Tesla withdraws termination notice on graphite supply deal with Australia's Syrah

    Australia's Syrah Resources said on Monday Tesla had withdrawn ​a notice of intent to terminate a graphite ‌supply deal, ending months of negotiations that saw the two companies extend a resolution deadline four times.

Peer companies

  • Greenwing Resources Ltd (BSSMF)
  • Eagle Mountain Mining Limited (EGMMF)
  • Emerita Resources Corp. (EMOTF)
  • Kenmare Resources plc (KMRPF)
  • Mkango Resources Ltd. (MKNGF)
  • Northern Minerals Limited (NOURF)
  • Osisko Metals Incorporated (OMZNF)
  • Regulus Resources Inc. (RGLSF)

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