Eramet S.A. (OTCMKTS:ERMAY – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 8,754 shares, a growth of 253.7% from the October 15th total of 2,475 shares. Based on an average daily volume of 2,678 shares, the short-interest ratio is presently 3.3 days.
Eramet Stock Performance
ERMAY stock opened at $4.05 on Friday. The business has a 50 day moving average price of $4.61 and a two-hundred day moving average price of $5.72. Eramet has a twelve month low of $3.72 and a twelve month high of $10.35.
Eramet Company Profile
Eramet is a French mining and metallurgy group that extracts and processes mineral resources for industries including steelmaking, stainless steel, batteries and advanced materials. Its main products include manganese ore and alloys, nickel products, and mineral sands containing minerals such as zircon and ilmenite. The company’s operations and projects span several regions. Its activities include manganese mining and processing in Gabon, nickel operations in New Caledonia and Indonesia, and mineral-sands production in Senegal.
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