Report
EUR 13.77 For Business Accounts Only

SYRAH RESOURCES sees a downgrade to Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of SYRAH RESOURCES (AU), active in the Non Ferrous Metals industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date December 3, 2021, the closing price was AUD 1.13 and its target price was estimated at AUD 0.81.
Underlying
Syrah Resources Limited

Syrah Resources is a resource company based in Australia. Co.'s principal activities consisted of the development and construction of the Balama Graphite Project in Mozambique; continued assessment of the use of graphite from the Balama Graphite Project as an input into the production of spherical graphite and recarburiser products; and ongoing exploration and evaluation studies, including further technical investigations into the potential to extract and produce vanadium from the Balama Graphite Project ore body.

Provider
TheScreener
TheScreener

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