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The latest announcement is out from Syrah Resources ( (AU:SYR) ).
Citigroup Global Markets Australia Pty Limited and its related entities have announced that they have ceased to be substantial holders in Syrah Resources Ltd as of February 18, 2025. The notice outlines changes in relevant interest where Citigroup entities have decreased or increased their interest in Syrah’s ordinary fully paid shares due to securities lending agreements and stock market transactions. This change could impact the company’s market dynamics and investor confidence, as substantial holder changes often reflect shifts in institutional confidence and investment strategy.
More about Syrah Resources
Syrah Resources Ltd is a company involved in the mining industry, primarily focused on the production and supply of graphite. The company is a significant player in the natural graphite market, serving various industries that require this critical mineral for applications such as battery production and industrial manufacturing.
YTD Price Performance: 15.71%
Average Trading Volume: 89,016
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $162.1M
Learn more about SYR stock on TipRanks’ Stock Analysis page.
