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Syrah Resources ASX:SYR Stock Report

Last Price

AU$0.49

Market Cap

AU$391.2m

7D

-6.6%

1Y

-70.6%

Updated

28 Mar, 2024

Data

Company Financials +

SYR Stock Overview

Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally.

SYR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Syrah Resources Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Syrah Resources
Historical stock prices
Current Share PriceAU$0.49
52 Week HighAU$1.85
52 Week LowAU$0.36
Beta1.92
1 Month Change-13.16%
3 Month Change-23.26%
1 Year Change-70.62%
3 Year Change-54.59%
5 Year Change-63.20%
Change since IPO160.53%

Recent News & Updates

Recent updates

There Is A Reason Syrah Resources Limited's (ASX:SYR) Price Is Undemanding

Feb 08
There Is A Reason Syrah Resources Limited's (ASX:SYR) Price Is Undemanding

Syrah Resources Limited (ASX:SYR) Surges 50% Yet Its Low P/S Is No Reason For Excitement

Oct 24
Syrah Resources Limited (ASX:SYR) Surges 50% Yet Its Low P/S Is No Reason For Excitement

News Flash: 3 Analysts Think Syrah Resources Limited (ASX:SYR) Earnings Are Under Threat

Oct 18
News Flash: 3 Analysts Think Syrah Resources Limited (ASX:SYR) Earnings Are Under Threat

Need To Know: Analysts Just Made A Substantial Cut To Their Syrah Resources Limited (ASX:SYR) Estimates

Jun 27
Need To Know: Analysts Just Made A Substantial Cut To Their Syrah Resources Limited (ASX:SYR) Estimates

Need To Know: The Consensus Just Cut Its Syrah Resources Limited (ASX:SYR) Estimates For 2023

Apr 29
Need To Know: The Consensus Just Cut Its Syrah Resources Limited (ASX:SYR) Estimates For 2023

Health Check: How Prudently Does Syrah Resources (ASX:SYR) Use Debt?

Apr 26
Health Check: How Prudently Does Syrah Resources (ASX:SYR) Use Debt?

Is Syrah Resources (ASX:SYR) A Risky Investment?

Oct 01
Is Syrah Resources (ASX:SYR) A Risky Investment?

Analysts Are Betting On Syrah Resources Limited (ASX:SYR) With A Big Upgrade This Week

Jun 24
Analysts Are Betting On Syrah Resources Limited (ASX:SYR) With A Big Upgrade This Week

Is Syrah Resources Limited's (ASX:SYR) Shareholder Ownership Skewed Towards Insiders?

Feb 19
Is Syrah Resources Limited's (ASX:SYR) Shareholder Ownership Skewed Towards Insiders?

Can You Imagine How Syrah Resources' (ASX:SYR) Shareholders Feel About The 84% Share Price Increase?

Jan 15
Can You Imagine How Syrah Resources' (ASX:SYR) Shareholders Feel About The 84% Share Price Increase?

Syrah Resources Limited (ASX:SYR) Analysts Just Slashed This Year's Revenue Estimates By 11%

Dec 10
Syrah Resources Limited (ASX:SYR) Analysts Just Slashed This Year's Revenue Estimates By 11%

What Can We Make Of Syrah Resources' (ASX:SYR) CEO Compensation?

Dec 07
What Can We Make Of Syrah Resources' (ASX:SYR) CEO Compensation?

Shareholder Returns

SYRAU Metals and MiningAU Market
7D-6.6%0.2%1.5%
1Y-70.6%-4.5%11.6%

Return vs Industry: SYR underperformed the Australian Metals and Mining industry which returned -4.5% over the past year.

Return vs Market: SYR underperformed the Australian Market which returned 11.6% over the past year.

Price Volatility

Is SYR's price volatile compared to industry and market?
SYR volatility
SYR Average Weekly Movement13.0%
Metals and Mining Industry Average Movement11.9%
Market Average Movement8.7%
10% most volatile stocks in AU Market17.1%
10% least volatile stocks in AU Market3.2%

Stable Share Price: SYR's share price has been volatile over the past 3 months.

Volatility Over Time: SYR's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2007n/aShaun Vernerhttps://www.syrahresources.com.au

Syrah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral properties in Australia, China, Europe, India, the Americas, and internationally. It operates through Balama and Vidalia segments. The company’s flagship project is the Balama graphite and vanadium project located in Cabo Delgado Province, Mozambique.

Syrah Resources Limited Fundamentals Summary

How do Syrah Resources's earnings and revenue compare to its market cap?
SYR fundamental statistics
Market capAU$391.24m
Earnings (TTM)-AU$131.39m
Revenue (TTM)AU$73.51m

5.3x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SYR income statement (TTM)
RevenueUS$47.71m
Cost of RevenueUS$85.72m
Gross Profit-US$38.00m
Other ExpensesUS$47.28m
Earnings-US$85.28m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.11
Gross Margin-79.66%
Net Profit Margin-178.74%
Debt/Equity Ratio79.2%

How did SYR perform over the long term?

See historical performance and comparison
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