Syrah Resources Limited

Company Profile

Syrah Resources Limited had its IPO on under the ticker symbol SRHYY.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Syrah Resources Limited has a staff strength of 0 employees.

Stock update

Shares of Syrah Resources Limited opened at $0.43 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.35 - $0.43, and closed at $0.35.

This is a -23.93% slip from the previous day's closing price.

A total volume of 6,246 shares were traded at the close of the day’s session.

In the last one week, shares of Syrah Resources Limited have increased by 0%.

Syrah Resources Limited's Key Ratios

Syrah Resources Limited has a market cap of $252.14 million, indicating a price to book ratio of 2.3973 and a price to sales ratio of 15.3629.

In the last 12-months Syrah Resources Limited’s revenue was $106.18 million with a gross profit of $7.23 million and an EBITDA of $-29835000. The EBITDA ratio measures Syrah Resources Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Syrah Resources Limited’s operating margin was -36.03% while its return on assets stood at -4.79% with a return of equity of -7.35%.

In Q2, Syrah Resources Limited’s quarterly earnings growth was a positive 0% while revenue growth was a positive 180.7%.

Syrah Resources Limited’s PE and PEG Ratio

Forward PE

102.0408

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.04 per share while it has a forward price to earnings multiple of 102.0408 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Syrah Resources Limited’s profitability.

Syrah Resources Limited stock is trading at a EV to sales ratio of 15.1478 and a EV to EBITDA ratio of -46.9047. Its price to sales ratio in the trailing 12-months stood at 15.3629.

Syrah Resources Limited stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$569.97 million

Total Liabilities

$29.98 million

Operating Cash Flow

$-17782500.00

Capital Expenditure

$15.58 million

Dividend Payout Ratio

0%

Syrah Resources Limited ended 2024 with $569.97 million in total assets and $0 in total liabilities. Its intangible assets were valued at $569.97 million while shareholder equity stood at $435.83 million.

Syrah Resources Limited ended 2024 with $0 in deferred long-term liabilities, $29.98 million in other current liabilities, 795975000.00 in common stock, $-341095000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $90.38 million and cash and short-term investments were $90.38 million. The company’s total short-term debt was $2,007,000 while long-term debt stood at $70.93 million.

Syrah Resources Limited’s total current assets stands at $136.49 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $12.96 million compared to accounts payable of $24.11 million and inventory worth $25.19 million.

In 2024, Syrah Resources Limited's operating cash flow was $-17782500.00 while its capital expenditure stood at $15.58 million.

Comparatively, Syrah Resources Limited paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.35

52-Week High

$2

52-Week Low

$0.285

Analyst Target Price

$

Syrah Resources Limited stock is currently trading at $0.35 per share. It touched a 52-week high of $2 and a 52-week low of $2. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.49 and 200-day moving average was $0.98 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.