Aussie graphite mining company Syrah Resources Ltd [ASX:SYR] has had a shocking day of trading after the release of their graphite market update and operational response.
Syrah Resources Limited [ASX:SYR] is the most shorted stock on the ASX. We take a look at the Syrah Resources share price, quarterly report and assess whether or not it is a bargain at this price.
Syrah Resources Ltd [ASX:SYR] shares are seeing their third consecutive day of significant price growth. Since Monday’s closing price of $1.01, Syrah Resources shares have climbed by over 38%.At time of writing, Syrah Resources share price is sitting at $1.39 apiece, up 17.23% from yesterday.
Today we will be looking at three of the most innovative graphite and graphene stocks on the ASX. If you’ve heard of graphene before, but don’t know much about it, it’s a super-material with a bevy of incredible properties.
Since graphene burst onto the scene in 2010, its development as a commercially marketed material has stalled. New research suggests that it could be used in lithium-ion batteries — the same batteries found in smartphones, laptops and Tesla vehicles.
Syrah Resources Limited’s [ASX:SYR] share price has rocketed up this morning by 7.02%, currently selling at $1.92.
Syrah Resources Ltd [ASX:SYR] shares are up 6.99% today after the company received some good news.