Eramet S.A. (OTCMKTS:ERMAY – Get Free Report) was the target of a large growth in short interest in 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 trading volume, of 2,678 shares, the short-interest ratio is presently 3.3 days.
Eramet Stock Performance
ERMAY stock remained flat at $4.26 during trading on Thursday. The company had a trading volume of 547 shares, compared to its average volume of 2,111. The business’s fifty day simple moving average is $4.64 and its 200 day simple moving average is $5.75. Eramet has a fifty-two week low of $3.72 and a fifty-two week 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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