Syrah Resources ( (AU:SYR) ) has shared an update.
Syrah Resources announced the issuance of 100,000 fully paid ordinary shares following the exercise of vested performance rights under its Equity Incentive Plan. This move is part of the company’s compliance with the Corporations Act, reflecting its ongoing commitment to transparency and regulatory adherence, potentially impacting its market operations and stakeholder relations positively.
More about Syrah Resources
Syrah Resources is an industrial minerals and technology company listed on the Australian Securities Exchange. It operates the Balama Graphite Operation in Mozambique and an Active Anode Material Facility in the United States, aiming to be a leading supplier of high-quality graphite and anode materials for battery and industrial markets.
YTD Price Performance: 12.32%
Average Trading Volume: 69,337
Technical Sentiment Signal: Strong Buy
Current Market Cap: $163.9M
Learn more about SYR stock on TipRanks’ Stock Analysis page.