Syrah Resources (OTCMKTS:SYAAF) Shares Down 1.5%

Syrah Resources Limited (OTCMKTS:SYAAF – Get Rating)’s stock price traded down 1.5% during mid-day trading on Friday . The company traded as low as $0.78 and last traded at $0.87. 15,170 shares were traded during mid-day trading, a decline of 83% from the average session volume of 88,969 shares. The stock had previously closed at $0.88.
The company has a 50-day moving average price of $1.19 and a 200 day moving average price of $1.17.
About Syrah Resources
Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Mozambique. The company operates through Balama and Vidalia segments. Its flagship project is the Balama graphite and vanadium project located in Cabo Delgado Province, Mozambique.