SYRAH RESOURCES LIMITED (SYR)
Share Price Analysis and Chart

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SYR - SYRAH RESOURCES LIMITED

FNArena Sector : New Battery Elements
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -5.04
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.47

08 May
2024

-0.005

OPEN

$0.47

-1.05%

HIGH

$0.48

4,242,921

LOW

$0.46

TARGET
$0.813

-0.05 change from previous day

 72.9% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A11 . A4N . AGY . ASN . AVZ . AZS . BKT . BSX . CXO . DLI . EMN . GL1 . GLN . GT1 . INR . JRV . LEL . LKE . LLL . LPD . LTM . LTM . LTR . MNS . NMT . NVX . PLL . PLS . PSC . RNU . SRL . SYA . TLG . VUL . WIN . WR1 .
FNARENA'S MARKET CONSENSUS FORECASTS
SYR: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) - 7.3 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 © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-18.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx71.9 M
Book Value Per Share xxxxxxxxxxxxxxx75.0
Net Operating Cash Flow xxxxxxxxxxxxxxx-93.1 M
Net Profit Margin xxxxxxxxxxxxxxx-175.85 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-21.80 %
Return on Invested Capital xxxxxxxxxxxxxxx-19.40 %
Return on Assets xxxxxxxxxxxxxxx-13.55 %
Return on Equity xxxxxxxxxxxxxxx-21.80 %
Return on Total Capital xxxxxxxxxxxxxxx-12.07 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-313.0 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx413 M
Long Term Debt xxxxxxxxxxxxxxx20 M
Total Debt xxxxxxxxxxxxxxx434 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx124 M
Price To Book Value xxxxxxxxxxxxxxx0.84

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx221.5 M
Capex % of Sales xxxxxxxxxxxxxxx308.13 %
Cost of Goods Sold xxxxxxxxxxxxxxx109 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx67 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx-

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Shaw and Partners

01/05/2024

1

Buy

$1.10

134.04%

Syrah Resources' March quarter production report showed production at Balama below Shaw and Partners' forecast, though sales were ahead and pricing was stronger, the broker reports.

Prices and demand for synthetic and natural graphite in China remain under pressure, according to management at the firm.

Also, the company continues to evaluate funding options for the 45ktpa Vidalia Further Expansion project, points out the broker, including commercial bank funding and equity partnerships and finalisation of the Department of Energy’s US$350m loan.

Buy rating retained alongside a price target of $1.10. No changes made to forecasts.

FORECAST
Shaw and Partners forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -8.99 cents.
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -0.46 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

SYR STOCK CHART

FNArena News on SYR

1
The Short Report – 28 Mar 2024

Mar 28 2024 - Weekly Reports
2
Australian Broker Call *Extra* Edition – Mar 20, 2024

Mar 20 2024 - Daily Market Reports
3
The Short Report – 14 Mar 2024

Mar 14 2024 - Weekly Reports
4
The Short Report – 08 Feb 2024

Feb 08 2024 - Weekly Reports
5
The Short Report – 25 Jan 2024

Jan 25 2024 - Weekly Reports

Latest New Battery Elements News

1
Treasure Chest: A Bottom For Lithium?

Feb 05 2024 - Treasure Chest
2
Tough Times For IGO

Feb 01 2024 - Australia
3
ESG Focus: The Little Big Things – 31-10-2023

Nov 01 2023 - ESG Focus
4
Lithium: Short Term Pain, Long Term Gain?

Oct 13 2023 - Feature Stories
5
ESG Focus: Grid Battery Innovation Barrelling Down

Sep 07 2023 - ESG Focus
6
Allkem: On The Move

Sep 05 2023 - Technicals
7
The Short Report – 24 Aug 2023

Aug 24 2023 - Weekly Reports
8
ESG Focus: Will Lithium Meet Its Waterloo?

Aug 10 2023 - ESG Focus
9
The Ups And Downs Of Mineral Resources

Jul 25 2023 - Australia
10
Syrah Resources: Near-Term Pain, Graphite Price Upside

Jul 20 2023 - Small Caps