Syrah Resources Limited (ASX:SYR) Insider Shaun Verner Sells 300,000 Shares

Syrah Resources Limited (ASX:SYR) insider Shaun Verner sold 300,000 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of A$0.24 ($0.15), for a total value of A$72,300.00 ($43,818.18).

Syrah Resources Stock Performance

The stock has a market capitalization of $260.54 million, a P/E ratio of -1.24, a price-to-earnings-growth ratio of 0.81 and a beta of 2.03. The company has a current ratio of 4.55, a quick ratio of 8.09 and a debt-to-equity ratio of 51.45.

About Syrah Resources

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.