The Syrah Resources Ltd (ASX: SYR) share price is up 2.7% to $1.78 at the time of writing as the small cap minerals and technology company joins mineral exploration company Independence Group NL (ASX: IGO) at the top of the S&P/ASX 200 gains list.
Syrah has continued its share price incline from last week to kick off Monday's trade in the black and it's a welcome turnaround for the graphite miner after hitting a five year low on October 26, when it tumbled to a $1.39 close.
Syrah's share price has had a rough 12 months after the company grappled with production issues, but its plans to return to full production appear to be on track and perhaps investors decided its bottomed-out price was a decent buy?
There are other miners booking share price gains today with copper gold-focused Sandfire Resources NL's (ASX: SFR) share price up 1.9% to $7.16 at the time of writing and copper-focused OZ Minerals Limited's (ASX: OZL) share price up 1.5% to $9.40.