SYRAH RESOURCES LIMITED (SYR)
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SYR

SYR - SYRAH RESOURCES LIMITED

FNArena Sector : New Battery Elements
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -4.31
Index: ALL-ORDS

0

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.105

07 Aug
2026

0.000

OPEN

$0.11

0.000

HIGH

$0.11

1,108,350

LOW

$0.11

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FNARENA'S MARKET CONSENSUS FORECASTS
SYR: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) - 1.8 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio N/A xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-11.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx51.8 M
Book Value Per Share xxxxxxxxxxxxxxx33.2
Net Operating Cash Flow xxxxxxxxxxxxxxx-101.9 M
Net Profit Margin xxxxxxxxxxxxxxx-292.98 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-27.28 %
Return on Invested Capital xxxxxxxxxxxxxxx-20.13 %
Return on Assets xxxxxxxxxxxxxxx-13.89 %
Return on Equity xxxxxxxxxxxxxxx-27.28 %
Return on Total Capital xxxxxxxxxxxxxxx-13.53 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-110.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx240 M
Long Term Debt xxxxxxxxxxxxxxx199 M
Total Debt xxxxxxxxxxxxxxx440 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx116 M
Price To Book Value xxxxxxxxxxxxxxx0.89

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx9.0 M
Capex % of Sales xxxxxxxxxxxxxxx17.42 %
Cost of Goods Sold xxxxxxxxxxxxxxx148 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx38 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

27/07/2026

-1

No Rating

-

Syrah Resources revealed softer production at Balama in the June quarter amid weak demand for fines ex-China. This drove a managed reduction in throughput and missed consensus expectations, Macquarie observes.

Sales were also lower quarter on quarter with the company achieving a price of US$736/t, amid higher volume of coarse flake sales. The broker is currently on research restrictions and cannot provide a rating or target.

FORECAST
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -1.75 cents.
Macquarie forecasts a full year FY27 EPS of 7.01 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

27/07/2026

4

Underweight

$0.10

-4.76%

Jarden maintains an Underweight rating for Syrah Resources with an unchanged target price of $0.10 following a "very weak" operational quarter at the Balama project.

Production fell to 2kt as the operation ran in campaign mode only, whilst graphite sales of 6.5kt were supported by a 5kt drawdown in finished product inventory.

2026 Balama production guidance was revised downward to between 60kt and 80kt amid softer ex-China natural graphite demand and new supply competition from Mozambique.

The analyst reduces 2026 and 2027 Balama production forecasts and lowers EBITDA estimates accordingly.

Unrestricted cash closed at $31m, bolstered by net proceeds from a recent equity raising, whilst commercial active anode material sales from Vidalia remain targeted for the second half of 2026.

FORECAST
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -5.70 cents.
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of minus -3.65 cents.
Access Extra Coverage Research History >

SYR STOCK CHART

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1
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