Eramet S.A. (OTCMKTS:ERMAY – Get Free Report)’s stock price was up 4.2% during mid-day trading on Wednesday . The company traded as high as $6.39 and last traded at $6.39. Approximately 2,880 shares changed hands during trading, a decline of 2% from the average daily volume of 2,937 shares. The stock had previously closed at $6.13.
Wall Street Analyst Weigh In
Separately, Oddo Bhf raised Eramet from an “underperform” rating to a “neutral” rating in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
View Our Latest Analysis on Eramet
Eramet Stock Performance
About Eramet
Founded in 2008 and headquartered in Paris, Eramet is a global mining and metallurgical group specializing in the production of high-value metal raw materials and alloys. Its core activities span the extraction, processing and refining of manganese and nickel ores, which are critical for stainless steel manufacturing and the rapidly expanding electric vehicle battery market. In recent years, the company has broadened its portfolio to include lithium hydroxide and rare earth elements, aligning its offerings with the needs of energy transition and advanced manufacturing sectors.
Eramet operates in more than twenty countries, with major mining sites in New Caledonia and Gabon and processing facilities across Europe and Asia.
Further Reading
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