Syrah Resources (OTCMKTS:SYAAF) Trading Down 4.6% – Time to Sell?

Syrah Resources Limited (OTCMKTS:SYAAFGet Free Report)’s share price dropped 4.6% during mid-day trading on Wednesday . The company traded as low as $0.16 and last traded at $0.16. Approximately 63,585 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 54,307 shares. The stock had previously closed at $0.17.

Syrah Resources Trading Down 0.7 %

The company’s fifty day simple moving average is $0.18 and its two-hundred day simple moving average is $0.21.

Syrah Resources Company Profile

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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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