Australia's Sarytogan Graphite rises to 2-1/2-month high on strategic project status from EU

Sarytogan Graphite

05/06/2025 02:03

** Shares of Sarytogan Graphite SGA.AX rise 19.6% to A$0.051, their highest levels since March 21

** Stock set for its strongest session since February 10, if current trends hold

** The graphite explorer says its flagship Sarytogan Graphite Deposit attains strategic project status European Union's (EU)Critical Raw Materials Act

** About 395,448 shares change hands, 2x the 30-day average of 193,401 shares

** Stock down 16.7% YTD, including current session's moves

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))