|Bid||0.6400 x 3319200|
|Ask||0.6500 x 2213700|
|Day's range||0.6350 - 0.6700|
|52-week range||0.4200 - 2.6400|
|Beta (5Y monthly)||1.98|
|PE ratio (TTM)||N/A|
|Earnings date||29 Jan 2024 - 02 Feb 2024|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.88|
Key Insights Given the large stake in the stock by institutions, Syrah Resources' stock price might be vulnerable to...
China, the world's largest graphite producer and exporter, will require export permits as of Dec. 1 for some graphite products, including spherical graphite used by electric vehicle makers. Syrah, which has a supply deal with Tesla, mines graphite at its Balama operations in Mozambique and is building a plant in Louisiana where it will produce active anode material (AAM) for batteries.
To the annoyance of some shareholders, Syrah Resources Limited ( ASX:SYR ) shares are down a considerable 25% in the...