Resources Stocks Down Under 1 September 2022: Syrah Resources (ASX:SYR)

Syrah Resources: Still looking solid

It’s been a few months since we’ve looked at any graphite plays, but we haven’t forgotten about that valuable black stuff. Nor have we forgotten about Syrah Resources (ASX: SYR), which we’ve covered and given four stars twice before with our call being right on both occasions. In February 2020, it was 53.5 cents and despite the Corona Crash ended up running hot over the next two years to reach $1.33 in March this year. Now it’s over $1.50 and we think there’s more growth to come.

 

Click here to read the previous edition of Resources Stocks Down Under published 25 August 2022.

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