** Shares of Australia's Sarytogan Graphite rise as much as 9.1% to A$0.072, posting their biggest intraday pct gain since Nov. 26
** Stock hits its highest level since Dec. 11; on track for a second consecutive session of gain, if current trend holds
** Graphite explorer gets mining licence for the Sarytogan graphite deposit from Kazakhstan
** More than 540,000 shares change hands by 2344 GMT, vs 30-day average volume of 254,558 shares
** Stock had fallen 67% this year, as of last close
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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